Light & Wonder Showcasing Strong Industry Momentum with New Systems Deals

L&W systems solutions to power casino floors at three properties

LAS VEGAS - October 15, 2024 - Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced notable new systems deals with three properties (detailed below), reinforcing its market leadership.

"These milestone deals not only reinforce our position as the market leader but also highlight our commitment to delivering cutting-edge solutions that drive success for our customers," said Jon Wolfe, President of Global Systems & Services at Light & Wonder. "Whether it's enhancing player engagement through our advanced loyalty platforms or ensuring seamless operations with our robust CMS offerings, we are dedicated to supporting our customers in achieving their business goals."

The deals are:

• Casino Miami in Miami, Florida, has extended its contract with L&W to incorporate additional features such as Elite Bonusing Suite (EBS) and the EBS progressive system. The casino will also upgrade their current iVIEW™ mix to iVIEWPRO™ throughout the property.
  
• Delaware Park Casino in Wilmington, Delaware, will upgrade its Casino Management System with a full suite of Light & Wonder solutions including a comprehensive SDS™-CMP™ slot-accounting & player-tracking system upgrade along with a property wide floor upgrade to iVIEW Pro. In addition, Light & Wonder Envoy will be installed which enables a secure integration for third-party vendors to integrate to Light & Wonder system products.
  
• Viejas Casino & Resort in San Diego, California, has chosen L&WENGAGE loyalty platform to power its casino floor. As part of this strategic upgrade, Viejas will modernize its core Casino Management System with a suite of advanced L&W systems products. The extensive project includes a full-scale server infrastructure overhaul, a complete CMS upgrade, and the integration of both updated and newly available L&W technologies. Notably, Viejas is first to implement TableView Web, Patron Mobile App and Kiosk, L&W Engage AI, EBS Mystery Multiplier, and L&W's RAPIDPLAY™ Cashless Solution.

"We are excited to harness the new marketing capabilities that will be at our fingertips upon implementation of L&W Engage and the rest of our Light & Wonder's suite of software", said Colton Barlow, Vice President of IT/CIO at Viejas Casino & Resort. "Through a collaborative approach, Light & Wonder continues to demonstrate its commitment to innovation and developing technology which seeks to address our needs."

"We are thrilled to be utilizing an array of Light & Wonder system products to offer our guests an even more exciting and rewarding gaming experience," said Tim Merrill, Senior Vice President of Operations at Casino Miami. "Their innovative solutions will allow us to provide personalized rewards, and engaging content that will redefine the guest journey from start to finish."

For more information, visit lnw.com.

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All ™ notices signify marks of 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.