Sydney-based online slot games studio Lightning Box has enjoyed 57% revenue growth in the first 12 months since it was acquired by global gaming giant Light & Wonder in August 2021, the two companies have revealed.
August 2022 was also Lightning Box’s biggest ever revenue month, buoyed by Light and Wonder’s significant commercial support.
The Australian company’s growth has been underpinned by the performance of its games in the North American market, where two titles are currently sitting inside the top 20 games across the entire OpenGaming entertainment platform and “Lightning Shenlong” in the top 10. The OpenGaming ecosystem delivers more than 3,500 games from a global network of in-house and third-party game studios, offering ease of integration that is both robust and secure.
Three Lightning Box titles also sat inside the EGR North America slots rankings for July 2022
“We knew that by joining Light & Wonder we would be able to drive forward with our ambitious plans, but even given the huge global power of the company, the speed at which we have flourished has taken us aback,” said Peter Causley, CEO and co-founder of Lightning Box.
“Our games continue to hit new heights of popularity around the world and we can’t wait to release new hits to penetrate the US, Canadian and European markets even further.”
Dylan Slaney, CEO iGaming at Light & Wonder, added, “The team at Lightning Box has a wealth of industry experience that they have put to great use in producing some fantastic content that really resonates with players who enjoy land-based titles.
“The numbers that have been produced in the first 12 months after the acquisition speak for themselves and prove it was the right decision to bring Lightning Box into the Light & Wonder family. We look forward to breaking more records together in the months and years to come.”
Lightning Box is currently live with more than 50 leading US and European operators, including BetMGM, Golden Nugget, Hard Rock Casino, FanDuel, Resorts Casino, BCLC, Loto-Québec, OLG, Sky Bet, LeoVegas, William Hill and Betsson.