Light & Wonder Unveils LIGHTWAVE™ Cabinet and Four New Hardware Innovations at G2E 2025, Ushering a New Era of Immersive Gaming

New portfolio of hardware, content and systems solutions engineered to create dynamic player experiences, while driving growth for casinos

LAS VEGAS (September 30, 2025) – Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) is set to transform the casino floor with the debut of new hardware, games, table innovations and systems solutions at the Global Gaming Expo (G2E), October 7-9 in Las Vegas, Nevada. Headlining the showcase is the new LightWave™ cabinet, a state-of-the-art casino slot machine that features a unique multi-plane canvas.

This year’s showing underscores Light & Wonder’s commitment to hardware innovation, with each new platform designed to elevate the player experience, expand operator flexibility, and build on the success of its proven franchises.

“Our mission is to create the world’s best games, and G2E is where we bring that vision to life,” said Matt Wilson, President and CEO of Light & Wonder. “LightWave and our new cabinets are more than new hardware – they’re new ways to play, creating immersive experiences that captivate players and give our customers the tools to shape the future of the casino floor. Every product in our booth reflects our goal of delivering the world’s best gaming experiences.”

A Cabinet for Every Player, An Experience for Every Floor

Making its tradeshow debut is LightWave, Light & Wonder’s latest large-scale portrait cabinet. This new gaming machine offers a full-length, bank-wide visual display that seamlessly integrates machine-mounted LCD screens with high-resolution micro-LED surrounds. The synchronized displays merge into a single, dynamic canvas that extends far beyond one machine, creating a cross-bank immersive experience that can be seen from across the casino floor. The new cabinet is launching with five new titles including FRANKENSTEIN RETURNS, JACKPOT PARTY® VIP DISCO, DANCING DRUMS™ REVOLUTION, ULTIMATE FIRE LINK® CASH FALLS® EXPLOSION, and VISITORS FROM THE PLANET MOOLAH™.

Building on the success of the popular COSMIC® cabinet family, the Company will introduce Cosmic Dual within its booth. Featuring dual 27-inch HD displays and an optional topper, the sleek new cabinet is designed for universal placement across global markets. The launch will be headlined by HUFF N’ LOTS OF PUFF™, the latest addition to the fan-favorite HUFF N’ PUFF® franchise, in addition to being a proven top-performing iGaming title.

Light & Wonder’s next-generation dual tower platform, COSMIC SKY, which features dual stacked 55-inch Ultra HD curved displays, will also be unveiled. The cabinet’s new Cosmic lighting silhouette paired with modern MLED bank packaging and the new iDECK™ player interface combine to create an immersive player experience.

Also making its G2E debut is the new LANDMARK® 7000 Jackpot Wheel. The cabinet follows the success of the iconic Landmark 7000 and integrates a new dynamic top box wheel while maintaining stepper familiarity. Launch titles include Universal Pictures’ Frankenstein and THE MUMMY, the first-ever use of the Universal Monsters franchise in the stepper category.

Tables and ETG Solutions

On the Tables side, the team will also present its new progressive system, NEXLINK™, which offers 27” dual-sided signage with edge lighting, new player interactive bet sensors, a dynamic sound system and more.

L&W will debut the all-new OBSIDIAN® Hybrid which features a 27” horizontal monitor, RGB-controlled side lighting, and dual phone chargers. Players can also play up to four different games concurrently. The new cabinet is launching with Blackjack, Craps, Roulette, Baccarat, ULTIMATE TEXAS HOLD ‘EM®, and the first ETG release of FREE BET BLACKJACK®.

L&W will also have its Obsidian Auto Roulette on hand with Roulette, ROULETTEX®, and the progressive POWERX® Roulette.

Next Generation Systems Innovations

The systems team will spotlight innovations that enhance the player journey and streamline operations. A major highlight is Ticket-In, Ticket-Out (TITO) at tables, which brings the convenience and efficiency of slots play to table games. This advancement reduces disruptions for players, simplifies transactions, and enables operators to maximize table game efficiency across the floor.

The Company will demonstrate how it is bridging land-based and digital play through unified loyalty, cross-linked jackpots, and seamless wallets, giving players a connected experience wherever they choose to engage. Attendees can also get a firsthand look at the Company’s Cardless NFC (Near Field Communication) technology. With this cutting-edge enhancement, patrons can simply tap their digital player card to instantly login and start their play session at a slot machine or table game.

L&W will also debut its ELITE BONUSING XPERIENCE (EBX), powered by Display Manager 3.0. EBX integrates proven social gaming mechanics into the casino environment, offering challenges, level progression, mystery gifts, and time-released rewards that drive repeat visits and extended play. Prizes can be awarded directly to player accounts, supporting carded play, and creating seamless engagement across the floor.

iGaming Content

Light & Wonder iGaming boasts its strongest roadmap ever, featuring an ever-expanding list of digital-first games. The continued success of the HUFF N’ PUFF® franchise online is set to continue with more great games coming online from this and other game families such as BIG HOT FLAMING POTS™, LION LINK® and RAINBOW RICHES™ along with the THUNDERING and EGGLINK® series from Lightning Box.

Light & Wonder is making improvements to platforms and games to create better player experiences including enhanced spin speeds, loading times and a newly redesigned buy-a-bonus.

Players can look forward to even more engaging titles with L&W core studios set to go from building 24 to 40 games per year. In addition, a new iGaming studio will be introduced which will be focused on building custom content utilizing proven L&W game engines.

Finally, L&W iGaming continues to introduce new game features from the Elevate suite of products and build on the success of marketing jackpots and the newly live Flash Drops. These include converged jackpots, cross play and lite-play.

Grover Gaming

Additionally, the Company’s Charitable Gaming segment, Grover Gaming, will showcase new and flagship titles including EUREKA REEL BLAST® and HOT HOT BLAZING LOCK®.

The Company’s latest innovations will be showcased in booth #1116.