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Light & Wonder (LNW, Financials) agreed to acquire the charitable gaming assets of Grover Gaming for $850 million in cash, with an additional potential earn-out of up to $200 million over four years.
Warning! GuruFocus has detected 2 Warning Sign with LNW.
The purchase increases the profile of Light & Wonder in the field of charity gaming.
Operating on a consistent revenue model, Grover Gaming, a supplier of electronic pull-tabs, has more than 10,000 leased machines spread across five U.S. st...
>>> Read more: Light & Wonder to Acquire Grover Gaming's Charitable Gaming Assets in $850 Million Deal
Warning! GuruFocus has detected 2 Warning Sign with LNW.
The purchase increases the profile of Light & Wonder in the field of charity gaming.
Operating on a consistent revenue model, Grover Gaming, a supplier of electronic pull-tabs, has more than 10,000 leased machines spread across five U.S. st...
>>> Read more: Light & Wonder to Acquire Grover Gaming's Charitable Gaming Assets in $850 Million Deal
