{"id":9610,"date":"2025-08-07T00:31:15","date_gmt":"2025-08-07T00:31:15","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/08\/07\/light-and-wonder-grows-profit-in-q2-despite-small-revenue-drop\/"},"modified":"2025-08-07T00:31:15","modified_gmt":"2025-08-07T00:31:15","slug":"light-and-wonder-grows-profit-in-q2-despite-small-revenue-drop","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/08\/07\/light-and-wonder-grows-profit-in-q2-despite-small-revenue-drop\/","title":{"rendered":"Light and Wonder Grows Profit in Q2 Despite Small Revenue Drop"},"content":{"rendered":"<div>\n<p>Light &#038; Wonder shared its Q2 2025 earnings, showing a small dip in revenue while managing to grow profits and improve efficiency across several areas of its business. Despite a 1% year-over-year revenue drop, the company posted a 16% increase in net income, supported by cost controls, strong margin performance, and gains in the <a href=\"https:\/\/igaming.org\/casino\/what-is-igaming\/\">iGaming<\/a> segment. The recently completed Grover Gaming acquisition and plans to shift to a sole listing on the ASX also signal where the supplier is heading next.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Net income for Q2 2025 rose to $95 million, up 16% from the same period last year.<\/strong><\/em><\/li>\n<li><em><strong>Revenue totaled $809 million, down 1% year-over-year.<\/strong><\/em><\/li>\n<li><em><strong>iGaming revenue rose 9% to $81 million, while gaming and SciPlay both declined slightly.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>CEO Matt Wilson said the company is staying focused on content innovation and channel growth while highlighting progress with Grover Gaming\u2019s integration. He also announced the Board\u2019s decision to pursue a sole ASX listing after what he described as <em>\u201can extensive diligence process.\u201d<\/em> Wilson added:<\/p>\n<p><em>\u201cWe remain committed to R&#038;D investment to further proliferate our high-performing content across channels and continue to realize the benefits of strong game performance.\u201d<\/em><\/p>\n<h2>Light and Wonder Grows Net Income Despite Dip in Q2 Revenue<\/h2>\n<p>Gaming operations brought in $528 million in Q2 but fell 2% year-over-year due to lower sales of gaming machines and systems, which dropped 16% and 11% respectively. SciPlay reported $200 million in revenue, also down 2%, impacted by a decline in monthly users \u2014 especially for Jackpot Party Casino. However, this was partially offset by higher average revenue per user. iGaming was the only segment that posted year-over-year growth, up 9% to $81 million.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Adjusted EBITDA reached $352 million for the quarter, a 7% year-over-year rise. Gaming operations delivered $280 million of that total, up 3%. SciPlay generated $74 million, up 6%, while iGaming contributed $28 million \u2014 a 17% jump from Q2 last year. CFO Oliver Chow credited the performance to careful execution and spending discipline, noting:<\/p>\n<p><em>\u201cMargin expansion was meaningful, reflecting business performance as well as optimization of resource allocation across digital, content and platform innovation.\u201d<\/em><\/p>\n<p>Total operating expenses were cut by $36 million compared to the prior year, with Q2 costs reported at $607 million. SG&#038;A accounted for the largest portion at $208 million. Chow added that financing for the Grover deal was completed in the quarter, and that the share buyback program remains active, with an extra $500 million in capacity added recently.<\/p>\n<p>Light &#038; Wonder completed its <a href=\"https:\/\/igaming.org\/casino-news\/light-wonder-completes-grover-gaming-deal\/\">$850 million acquisition<\/a> of Grover Gaming\u2019s charitable gaming business in May. That deal plays a central role in the supplier\u2019s expanded focus. In July, the company also received a <a href=\"https:\/\/igaming.org\/casino-news\/light-and-wonder-gains-license-to-operate-in-uae\/\">gaming vendor license<\/a> from the UAE\u2019s General Commercial Gaming Regulatory Authority (GCGRA), giving it permission to offer land-based games, table games, and iGaming content in that market.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>For the full year, Light &#038; Wonder now expects adjusted EBITDA in the $1.43 to $1.47 billion range.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/light-and-wonder-grows-profit-in-q2-despite-small-revenue-drop\/\">Light and Wonder Grows Profit in Q2 Despite Small Revenue Drop<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Light &#038; Wonder shared its Q2 2025 earnings, showing a small dip in revenue while managing to grow profits and improve efficiency across several areas of its business. Despite a 1% year-over-year revenue drop, the company posted a 16% increase in net income, supported by cost controls, strong margin performance, and gains in the iGaming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9610","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9610"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9610\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}