Light & Wonder Announces SciPlay CEO Josh Wilson Departure Effective October 30

Light & Wonder Inc announced that Josh Wilson will step down as chief executive of SciPlay on October 30. The supplier initiated a search for a successor and confirmed Wilson will remain in post until that date to support an orderly handover.

From November 1, Oliver Chow, the chief financial officer of Light & Wonder, will assume executive oversight of the social casino business while retaining his parent-company role. SciPlay’s existing leadership team will continue day-to-day operations throughout the transition period.

Leadership Transition Parameters

Light & Wonder stated there will be no change to its strategy for SciPlay or to the unit’s portfolio of social casino brands. The business will remain a distinct reporting segment of the group. Matt Wilson, president and CEO of Light & Wonder, noted that Josh Wilson made a “substantial contribution” to SciPlay over more than two decades, including taking the business through its initial public offering and developing its portfolio of social casino titles.

Matt Wilson stated: “We are taking the time to appoint the right leader for SciPlay’s next phase.” He added that Oliver Chow will work closely with the SciPlay leadership team to maintain continuity, and that the group’s “confidence in the social casino category, in SciPlay’s brands and in the opportunity to grow direct-to-consumer remains unchanged.”

Acquired Subsidiary Status

Light & Wonder acquired the remaining 17 percent of SciPlay in 2023, converting the unit into a wholly owned subsidiary and ending its separate Nasdaq listing. SciPlay develops and operates social casino titles including Jackpot Party Casino, Gold Fish Casino and Quick Hit Slots. The announcement, as reported by GGRAsia, contains no alterations to current operations or market approach.

Reporting: GGRAsia

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