Land-Based Barry Cottle

Light & Wonder

6601 Bermuda Road Las Vegas, NV 89119, USA

Light & Wonder, formerly Scientific Games Corporation (SG), is a US corporation that provides gambling products and services, and is headquartered in Las Vegas, Nevada. Its gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems.

Lighting & Wonder now own brands including Bally, WMS, and Shuffle Master.

The company can trace its history back to 1917 and Autotote, a manufacturer of totalizator systems for parimutuel wagering at racetracks. George Julius founded Automatic Totalisators Limited in Australia to build his revolutionary invention the totalizator system.

Automatic Totalisators opened its US office in New York City in 1953 before moving to Newark, Delaware in 1972. In 1978, the company was renamed Automote Ltd to recognize its diversification into fields other than racetrack technology, as it now dealt in lottery systems, off-track betting and slot machine accounting.

The company was acquired in 1979 by Thomas H. Lee Co for $17m. This amount was greatly surpassed over a decade later, in 1989, when United Tote purchased the company for $85m.

In 2000, Autotote bought Scientific Games Holdings Corporation, a manufacturer of instant lottery equipment, for $308 million. Scientific Games was founded in 1973 and introduced the first secure instant lottery ticket a year later.

By 2002, two-thirds of the $20bn wagered annually on racing in North America was tracked by Scientific Games computers. Scientific Games now supplied parimutuel wagering systems worldwide, which was cutting-edge with automated, computerized off-track and on-track systems.

In 2007, the New York Times credited Scientific Games and Gtech for ‘transforming’ an industry that had previously held a notorious reputation, as an “underground operation run by mobsters.” The Autotote racing division was sold to Sportech in 2010.

Scientific Games began its pivot away from retail casino technology in 2020 to the new online gambling sector. It began a strategic review to deleverage its balance sheet, as it struggled under $9.2 billion of debt. The company ultimately decided to sell its lottery and sports betting businesses to focus on the gaming business.

This led to the company rebranding as Light & Wonder in April 2022, reflecting its focus on gaming.

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.