Light & Wonder issues update on Dragon Train litigation
The company reaffirms its 2025 financial targets amid legal developments
Key Points
- Light & Wonder has responded to Aristocrat’s amended complaint which includes a trade secret misappropriation claim related to Jewel of the Dragon
- The company affirms its 2025 financial targets of $1.4bn in targeted consolidated AEBITDA and an adjusted NPATA range of $565m to $635m
Light & Wonder (L&W) has issued an update regarding ongoing litigation with Aristocrat in the US District Court of Nevada.
On March 14 2025, Aristocrat filed an amended complaint introducing a trade secret misappropriation claim against Jewel of the Dragon. While the original complaint did not include such a claim, L&W intends to defend itself and will file a response by April 11 2025.
The amended complaint also references internal emails from a game designer, which L&W has reviewed, finding no evidence of broader issues related to other game developments.
Light & Wonder has provided Aristocrat with mathematical models related to its new game Dragon Train Grand Central. Aristocrat has not challenged these models and L&W aims for future games to meet compliance standards.
An internal review was also conducted on the company’s game development processes, confirming that new titles do not contain Aristocrat’s claimed trade secrets or confidential information.
Additionally, Light & Wonder has stopped commercialisation of Jewel of the Dragon to mitigate disruption for customers. The company remains focused on delivering gaming experiences to their customers.
Good to know: The company will provide further litigation updates during its Q1 2025 earnings call.
L&W will provide further details during its Investor Conference Call on April 2, 2025.
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