On the Record · Light & Wonder

Light & Wonder acquisitions, on the record

The businesses Light & Wonder bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
remaining approximately 17% equity interest in SciPlay not already owned by us Word for word“On October 23, 2023, we acquired the remaining approximately 17% equity interest in SciPlay not already owned by us pursuant to a merger (the “SciPlay Merger”), after which SciPlay ceased to be publicly traded and became a wholly-owned subsidiary of L&W.” 10-K for 2023	agreed acquisition	On October 23, 2023	—
Grover Charitable Gaming Word for word“On February 17, 2025, we entered into a purchase agreement with Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”) to acquire certain assets and assume certain liabilities constituting Grover Gaming’s charitable business for an upfront consideration of $850 million, subject to certain customary purchase price adjustments as set forth in the purchase agreement, and up to $200 million in cash in the aggregate in the form of contingent acquisition consideration payments over a four-year period based on achievement of certain revenue and business expansion metrics.” 10-K for 2024	agreed acquisition	On February 17, 2025	upfront consideration of $850 million
remaining approximately 17% equity interest in SciPlay Word for word“On October 23, 2023, we acquired the remaining approximately 17% equity interest in SciPlay not already owned by us pursuant to the SciPlay Merger in an all-cash transaction for $496 million, excluding transaction fees and expenses.” 10-K for 2024	acquisition	On October 23, 2023	$496 million
Lottery Business Word for word“During 2022, we completed the sales of our former Lottery Business and Sports Betting Business, which marked a major milestone in transforming our business and deleveraging our balance sheet.” 10-K for 2024	agreed divestiture	During 2022	—
Sports Betting Business Word for word“This business was divested during the third quarter of 2022 and is included in discontinued operations in our financial statements” 10-K for 2024	divestiture	during the third quarter of 2022	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$0	—
2017-12-31	$58 million	$14.6 million
2018-12-31	$297 million	$379 million
2019-12-31	$0	—
2020-12-31	$13 million	$7 million
2021-12-31	$186 million	$191 million
2022-12-31	$136 million	$101 million
2023-12-31	$4 million	—
2024-12-31	$5 million	—
2025-12-31	$861 million	$392 million

Deal filings since 2016

2026-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-01-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-10-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-08-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-09-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-04-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-03-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-11-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-10-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Light & Wonder’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.