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Light & Wonder, Inc. (LNW) operates as a cross-platform games company in the United States and internationally. 
It operates through three segments: Gaming, SciPlay, and iGaming segments.
The Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to gaming operators.
It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems.
The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games.
Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, and other content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations.
Shares have formed a bullish "cup and handle" and higher share prices are expected. On August 8th, LNW reported earnings of $1.02 per share on revenue of $731.00 million for the second quarter ended June 2023. The consensus earnings estimate was $0.33 per share on revenue of $675.58 million. The next report is due oon November 9th.
Entry Point: $74.80
Stop Loss: $71.00
Trading Range: $49.76 to $79.06
Target Price: $82.00
