Global Greatness: Light & Wonder Expands in EGM Market in UK with Successful Entain Trial of KASCADA™ Dual Screen Cabinets

Entain orders 4,000 L&W machines in 2024

LAS VEGAS - August 2, 2024 - Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that global sports betting and gaming group Entain has ordered 4,000 KASCADA Dual Screen cabinets to be available in a variety of locations throughout the UK. This comes less than a year after Entain's successful trial of 1,000 KASCADA machines in the UK.

"We are delighted to expand our level of collaboration with Entain and to provide players with our state-of-the-art KASCADA Dual Screen cabinets," said Wayne Ellard, Managing Director EMEA, Light & Wonder. "The order of 4,000 machines is a testament to the success of our relationship with Entain and the power of our hardware."

"We are excited to continue our collaboration in bringing Light & Wonder's popular games and product expertise to players all across the region," said Bejay Patel, Deputy Managing Director Entain UK. "They enhance our offer with the industry's best gaming machines backed up by a wide range of leading games, service infrastructure and support."

The cabinets are expected to roll out by the end of Q3 of this year.

For more information, visit lnw.com.

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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.