Matt Ryan's questions to Light & Wonder Inc (LNW) leadership • Q2 2025
Question
Matt Ryan of Barrenjoey inquired about the Grover acquisition, specifically asking about the source of the 600 additional units installed since February and the current pace and depth of the integration process.
Answer
President & CEO Matt Wilson described the integration as off to a 'fantastic start,' highlighting strong cultural alignment and financial performance ahead of expectations. He clarified that the 600 net unit additions represent organic growth in existing markets, driven by industry tailwinds. Wilson also noted significant progress on entering the Indiana market and confirmed that the first Light & Wonder content is already operating on the Grover platform.