Your Turn to Play: Light & Wonder’s Squid Game Slots Now Live

Game now available in California at Yaamava' Resort & Casino

LAS VEGAS - July 31, 2024 - Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that its SQUID GAME slot machine is now live on casino floors with the title having made its world debut at Yaamava' Resort & Casino.

Based on the widely acclaimed and most-popular Netflix series of all time, SQUID GAME, the captivating theme seamlessly integrates iconic games from the show such as Red Light, Green Light; Tug of War; and The Glass Tile.

"The introduction of the SQUID GAME slot machine is a testament to our commitment to delivering unique and engaging gaming experiences," said Nathan Drane, Chief Product Officer, Gaming at Light & Wonder. "By bringing such a culturally significant and widely recognized theme to our cutting-edge HORIZON™ and COSMIC™ cabinets, we are offering players an unparalleled level of excitement and immersion, while giving our customers a truly innovative product."

The iconic theme makes its global debut on Light & Wonder's new large-screen jumbo cabinet,HORIZON. The visually impactful machine is the next evolution of Light & Wonder's highly successful jumbo cabinet and features a 75-inch screen with 600,000 individual micro-LED pixels taking the display area to a massive 90-inches. The barrier-breaking cabinet also offers a large, transparent IDECK™ with integrated lighting, 27-inch touch screen, mobile charger and dual play buttons for an immersive and seamless player experience.

The Company also introduced a digital adaptation of the theme earlier this year, further cementing Light & Wonder's position as the leading cross-platform global games company.

For more information, visit lnw.com.

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

SQUID GAME
SQUID GAME TM/© Netflix. Used with permission.

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.