Light & Wonder Extends Licensing Partnership With Warner Bros. Discovery

Light & Wonder Inc LNW, which provides cross-platform games and entertainment, has extended its multi-year global licensing partnership with Warner Bros. Discovery, Inc. WBD Global Themed Entertainment (WBDGTE).

The expanded license would enable creating new worlds of play for customers through Light & Wonder's content aggregation platform. 

WILLY WONKA: WORLD OF WONKA, which has been a physical slot machine favorite for on casino floors will be brought online.

The digital version is expected to release in the U.S., U.K. and Europe. 

Also Read: Warner Bros. Discovery Faces Softened Ad Market, Analyst Lowers Q2 Estimates

The agreement will see Light & Wonder's in-house game development teams draw strength from a series of highly successful brand licensing offerings from Warner Bros.

Like the Wonka titles, more hit Wizard of Oz games are planned for release across 2024 and beyond.

"To bring this title online for the first time is incredibly exciting and we can't wait to deliver for our operator partners and their players," said iGaming CEO Dylan Slaney.

Price Action: LNW shares closed higher by 2.07% at $66.20 on Tuesday.