Growth TrajectoryThe transition to a sole ASX listing and expanding DTC penetration within SciPlay further contribute to the company’s multi-year growth trajectory.
Revenue And ProfitabilityRaising the price target to $110 reflects the company’s expanding recurring revenue base, multi-segment earnings durability, and a clearer multi-year growth profile supported by digital and land-based catalysts.
Strategic InitiativesLight & Wonder completed its transition to a sole standard listing on the ASX, a strategic shift the company believes will enhance long-term shareholder value and elevate its profile in a market more closely aligned with the global gaming industry.