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Light & Wonder (ASX:LNW) Allowance For Loans And Lease Losses


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What is Light & Wonder Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Light & Wonder Business Description

Industry
Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.