Light & Wonder provides an update on the November exit from the Nasdaq

Casino equipment maker Light & Wonder has provided an update on its exit from the Nasdaq and moving solely to the Australian Securities Exchange (ASX). The company announced on July 31 that it plans to transition its publicly traded business to the ASX only, with new expectations that it will now exit on November 13, 2025.

The reason behind this move from Light & Wonder is that it allows them to have a “strategic focus” on bringing the business together in terms of “growth plans” and workplace, which is described as “aligning our presence in the capital markets”.

By turning to Australia, Light & Wonder claims it has a “deep and liquid market with a strong understanding of the gaming sector”. Australians are reported to have become the world’s biggest gambling spenders, with a 2024 report showing they lose more than A$25 billion ($16,123,875,000) annually.

Despite the NASDAQ exit, Light & Wonder did not fail

Light & Wonder’s business is not on a downward trend, as reported Positive revenue results in 2025. However, the company is looking at Australia as the next major market it will try to dominate in the search for growth opportunities, something a lot of companies are currently focusing on. She also received an A License for the United Arab Emirates.

in press releaseLight & Wonder offers several avenues to shareholders. One is to convert them into shares tradable on the ASX, which requires using a broker, or filling out the documentation yourself. They also suggest selling or holding shares via the Nasdaq exchange, although holding them would force traders to do so “over-the-counter” after the company exits.

They also provide a timeline for how to do this: