Light & Wonder to Present New Games and Hardware at the Australasian Gaming Expo 2024

LAS VEGAS - August 6, 2024 - Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced it will present a diverse portfolio of new products and solutions at the 2024 Australasian Gaming Expo (AGE) in Sydney, Australia, August 13-15. From engaging new content and hardware to innovative systems solutions, the Company will demonstrate its market momentum within booth #190.

"Australia has a deep understanding of the gaming industry both from a customer and player perspective. AGE is an excellent opportunity for us to engage with our customers and demonstrate our continued momentum in this region," said Matt Wilson, CEO of Light & Wonder. "Since listing on the ASX, we've seen exponential growth in the region thanks to our extensive content library of popular games as well as the release of successful franchises such as DRAGON TRAIN™ and JEWEL OF THE DRAGON™."

New and Elevated Content: AGE attendees can be among the first to experience several brand-new franchises including SHENLONG UNLEASHED™ with four engaging titles including KHANOF KHANS™, GIFTS OF THE GODESS™, GOLDEN EMPEROR and FORTUNE TOWN™. Also on display is LIONLOCK™. Developed in L&W's North American studios, Lion Lock and its two base games offer players an exciting new take on the Hold & Spin feature.

The Company will also present the latest games in the top-performing Dragon Train series with HERE COMES CAI SHEN™ and FORCE OF FORTUNE™, which offer players a thrilling new "Free Games Feature". Additionally, attendees can experience JEWEL OF THE DRAGON, which includes a player-favorite Hold & Spin feature, and the latest iteration of the popular HUFF N' PUFF™ theme with HUFF N' EVEN MORE PUFF™.

Captivating Hardware: Building on the success of the KASCADA™ DUAL SCREEN, the Company will shine a spotlight on the KASCADA SLANT. The new gaming machine's shorter height provides improved sightlines on property floors and supports the same best-in-class content library as the beloved KASCADA DUAL SCREEN.

World Class Table Games: AGE attendees can experience several premium table offerings with ROULETTEX™ for QUARTZ™ Hybrid and Quartz VEGAS STAR™ within L&W's stand. The Quartz VEGAS STAR includes games such as Roulette, Blackjack, Baccarat and Tiger Baccarat offering an elevated player experience.

Also making its AGE debut is the Company's innovative blackjack game variant DOUBLE DOWN MADNESS™ along with proven table utilities including the new CARD RECYCLER™ and the SHUFFLE STAR™ which has revolutionized shuffling technology by boosting operator efficiency.

Systems Solutions: L&W's cashless solution, UNIFIED WALLET™, will be on display within the Company's booth. The innovative solution can be leveraged to create a cashless gaming environment and is currently part of the NSW Cashless Gaming Trial. The trial is in partnership with ALH Hotels with the goal of supporting the government's commitment to addressing money laundering and reducing gambling harm in NSW.

The Company's system-agnostic global platform, L&W ENGAGE, will also be available for demonstration. L&W ENGAGE enables operators to leverage data to execute a cohesive curated customer journey at every touchpoint regardless of location, vertical or platform.

For more information, visit lnw.com.

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All ™ notices signify marks registered by Light & Wonder, Inc., or one of its subsidiaries.

About Light & Wonder, Inc.
Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it's all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.

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Forward-Looking Statements
In this press release, Light & Wonder makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in Light & Wonder's filings with the Securities and Exchange Commission (the "SEC"), including its current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K that was filed with the SEC on February 27, 2024 (including under the headings "Forward-Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Light & Wonder's ongoing obligations under the U.S. federal securities laws, Light & Wonder undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.