Reported Earlier, Light & Wonder Confirms $1.4B 2025 Consolidated AEBITDA After Court Ruling On Dragon Train Game
Portfolio Pulse from Benzinga Newsdesk
Light & Wonder, Inc. (LNW) faces a preliminary injunction from a U.S. court regarding its Dragon Train game but reaffirms its 2025 $1.4 billion AEBITDA target. The company plans to appeal the decision and mitigate any business disruptions. LNW emphasizes its diversified game portfolio and strong market position.
September 24, 2024 | 7:00 am
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Light & Wonder faces a legal challenge with a court injunction on its Dragon Train game but remains confident in achieving its 2025 $1.4 billion AEBITDA target. The company plans to appeal and mitigate any disruptions, emphasizing its diversified game portfolio.
The court ruling against LNW's Dragon Train game could have a negative impact, but the company's reaffirmation of its 2025 AEBITDA target and its diversified portfolio suggest resilience. The legal issue is significant but not critical to the company's overall financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100