The gaming industry is witnessing a significant expansion with Light & Wonder, Inc., a NASDAQ and ASX-listed company, announcing two major deals that will extend its reach both in the United States and Greece. These developments underscore the company’s commitment to delivering dynamic and immersive gaming experiences across different markets.
Exclusive Entry into the US Market with 1X2 Network
Light & Wonder has made a strategic move by signing an exclusive aggregation agreement with 1X2 Network, marking the latter’s debut in the US market, starting with Michigan. This deal represents an important milestone for 1X2 Network, known for its diverse array of gaming content, including crash games, slots, instant win games, and virtual sports. The partnership leverages Light & Wonder’s robust distribution network and premium aggregation platform, further enhancing its presence in the American market.
Kevin Reid, 1X2 Network’s CEO, expressed enthusiasm about the collaboration, emphasizing the strength of Light & Wonder as an exclusive aggregation partner. He noted that while Michigan is the starting point, expansion efforts in other states are already well underway. This move signifies a significant step for 1X2 Network, building on its successful European operations and aiming to replicate this success in the US.
Steve Mayes, Digital Partnerships Director at Light & Wonder, highlighted 1X2 Network’s two-decade history of producing innovative and popular content. He anticipates a warm reception from US players, akin to the European market’s response.
Expanding Footprint in Greece with Bet365
In addition to its US venture, Light & Wonder has expanded its international footprint by partnering with Bet365 in Greece. This agreement introduces a selection of Light & Wonder’s top-performing games, such as Lock It Link Diamonds and 88 Fortunes, to the Greek market. This expansion is part of the company’s strategy to build a strong presence in Greece, a market that has recently opened up.
Luke Dimech, Commercial Account Director at Light & Wonder, expressed excitement about the expansion, reflecting the company’s efforts to grow in the Greek market. A Bet365 spokesperson echoed these sentiments, noting that Light & Wonder’s innovative content would significantly enhance the gaming experience for Greek customers.
Conclusion
These strategic moves by Light & Wonder in partnering with 1X2 Network in the US and Bet365 in Greece demonstrate the company’s commitment to expanding its global presence. By delivering a diverse range of high-quality, engaging content, Light & Wonder continues to solidify its position as a leader in the gaming industry. The company’s focus on establishing strong partnerships and entering new markets positions it well for continued growth and success in the ever-evolving world of gaming entertainment.