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  5. Light & Wonder Acquires Lightning Box

M&A Deal Summary

Light & Wonder Acquires Lightning Box

On August 4, 2021, Light & Wonder acquired digital media company Lightning Box

Acquisition Highlights
  • This is Light & Wonder’s 5th transaction in the Digital Media sector.
  • This is Light & Wonder’s 1st transaction in Australia.

M&A Deal Summary
Date 2021-08-04
Target Lightning Box
Sector Digital Media
Buyer(s) Light & Wonder
Deal Type Add-on Acquisition

Target

Lightning Box

Sydney, Australia
Lightning Box is an operator of a cross-platform global game company and is a developer that has a proven track record for creating feature-rich, land-based inspired games that deliver exciting experiences for online slot players worldwide. The studio’s titles include strong performers such as ChickenFox, Lightning Horseman, Lightning Leopard, ChickenFox5x Skillstar, Astrocat, and Silver Lion. Lightning Box is currently live with more than 50 of the leading U.S., Canadian and European operators, including BetMGM, Rush Street, Golden Nugget, FanDuel, BCLC, Loto Quebec, Unibet, 888, Sky Bet, LeoVegas, William Hill, Betsson, and many more. Lightning Box was founded in 2006 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Light & Wonder

Las Vegas, Nevada, United States
Category Company
Founded 1984
Sector Gaming
Employees6,800
Revenue 3.2B USD (2024)
DESCRIPTION

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 15 of 25
Sector: Digital Media M&A 5 of 9
Type: Add-on Acquisition M&A Deals 13 of 20
Country: Australia M&A 1 of 1
Year: 2021 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 SportCast

London, United Kingdom

SportCast is a provider of sports betting player engagement through their product experiences, technologies, and pricing. SportCast also credited with developing the original BetBuilder product, a feature that allows players to build bets across multiple markets on a single game with instant pricing through a seamless User Interface (UI). SportCast was founded in 2013 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Sideplay Entertainment

Jersey, Channel Islands

Sideplay Entertainment is a digital “eInstant” content studio develops instant win games for lottery and gambling operators. Sideplay Entertainment was founded in 2003 and is based in Jersey, Channel Islands.

Buy -
Mergr

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