AGEM Index rise in June, led by Aristocrat and Light & Wonder
June saw a 7.7 percent increase in the AGEM Index, which tracks the stock prices of several suppliers of casino technology, rising by 94.57 points to 1,330.19.In the...
Light & Wonder promotes Simon Johnson to iGaming CEO
Simon Johnson has been appointed as the new chief executive of the iGaming division of Light & Wonder.
According to the update, Mr Johnson, Mr who has been with Light & Wonder since 2017, will be reporting directly to Light & Wonder’s president and CEO, Matt Wilson. Mr Johnson will also join the company’s executive leadership team.
Light & Wonder commented on the appointment, saying:
“The executive has been instrumental in driving the international commercial efforts of the gaming business in his most recent role as senior vice president and international managing director.”
Before Light & Wonder, Johnson gained experience in several top C-level roles at different companies. He worked at The Rights Company from 2005 to 2006, also served as the Chief Commercial and Strategy Officer at DTS Global Solutions from May 2009 to March 2017. Johnson has held leadership positions in private equity, telecommunications, and financial technology.
This was highly anticipated since the ex-iGaming chief, Dylan Slaney, left the position in November, and the company had been looking for a suitable candidate for quite some time.
Simon Johnson expressed his excitement about the promotion and the opportunity to manage the iGaming division, as well as start initiatives that would strengthen the business in the coming year.
Light & Wonder announces $1B buyback plan
After-hours trading on Thursday saw a little increase in Light & Wonder shares following the company's announcement of a $1 billion share repurchase program.The...
