Gaming equipment manufacturers riding same growth wave as casinos
Light &Wonder Inc., formerly Scientific Games Corp., has changed its name, strategic vision, board of directors, chairman and CEO in the past 18 months. It sold its lottery business to Bermuda-based Brookfield Business Partners L.P. for $5.8 billion in cash. The company's portfolio of slot machine games is being formatted into massive cabinets. Eilers &Krejcik Gaming published a survey that asked network of casino operators to choose the best vendors. Light & Wonder had the second-best showing among manufacturers.
Gaming equipment manufacturers are riding same growth wave as casinos. The industry's winning streak can't last forever. The market circumstances do change and customer appetites change.
