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Light & Wonder's Q1 2023 results showed strong momentum with a 17% increase in consolidated revenue, driven by growth across all businesses. SciPlay and iGaming achieved record revenues. The company's net debt leverage ratio was 3.1x, within the targeted range.
Consolidated revenue grew by 17% year-over-year.
Gaming revenue increased by 18%, driven by Gaming machine sales.
SciPlay and iGaming both achieved record quarterly revenue.
Net debt leverage ratio was 3.1x, within the targeted range.
Preparing for potential Australian Securities Exchange (“ASX”) secondary listing.