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SciPlay Is Weighing Down Light & Wonder's Earnings
Jefferies analyst Kai Erman said investors are largely comfortable that Light & Wonder's iGaming momentum will continue. Investors are reportedly focused on two questions: whether gaming revenue will accelerate again, and how much pressure SciPlay is putting on the company.
Jefferies Equity Research analyst Kai Erman said in a research note published on Monday that investors are largely comfortable that the iGaming momentum at Light & Wonder will continue.
However, Erman has raised two concerns. The first is whether gambling revenue will pick up speed again. The second is the degree of pressure SciPlay is placing on Light & Wonder.
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