Light & Wonder Inc. (ASX: LNW) - ETF Exposure

Current share price for LNW : $130.000 3.54 (2.80%)⁺

Light & Wonder, Inc. (LNW) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It operates as a cross-platform global games company with emphasis on content and digital markets. Its portfolio consists of revenue streams that include: Supplying game content, gaming machines, content management systems (CMS), and table game products and services to licensed gaming entities, Delivering social casino and mobile games, including casual gaming, to retail customers, Offering digital gaming content, distribution platforms, player account management systems, and other iGaming services.

LNW General Information ⁺

ASX Code	LNW
Website	http://www.lnw.com
Industry/Sector	Casinos & Gaming
Market Cap ($M)	10,016
LNW Share Price	$130.000
Day High	$130.000
Day Low	$126.870
Last Close	$126.460
LNW Share Price Movement	$3.54 ( 2.80% )

Prices as at 16:40, 23 Oct 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to LNW

As one of Australia's largest companies by market capitalisation, LNW is held across 17 ETFs spanning strategies that include casinos & gaming exposure . Its weighting in those funds means performance can have an outsized influence - when LNW moves, funds like IMLC, EX20, GEAR, SFY and AUST that hold it can move with it.

For more concentrated exposure, ETFs such as IMLC (Investors Mutual Concentrated Australian Share Fund (Quoted Managed Fund)) allocate about 4.4% to LNW , while the average exposure across all 17 ETFs that hold it is around 0.6% .

Top ETF holdings

Investors Mutual Concentrated Australian Share Fund (Quoted Managed Fund) (IMLC) ~ 4.4%
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20) ~ 0.9%
Betashares Geared Australian Equity Fund (GEAR) ~ 0.8%
State Street SPDR S&P/ASX 50 ETF (SFY) ~ 0.5%
Betashares Managed Risk Australian Share Fund (AUST) ~ 0.4%

Last updated: ETF data and holdings as at 24 October 2026

Own LNW directly or through an ETF?

How does holding Light & Wonder Inc. (LNW) shares directly compare to ETFs that include it?

	LNW Direct	IMLC ASX	EX20 ASX	GEAR ASX	SFY ASX	AUST ASX
Holdings	1 company	13 holdings	195 holdings	215 holdings	53 holdings	215 holdings
LNW Weight	100%	4.4%	0.9%	0.8%	0.5%	0.4%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.99% p.a.	0.25% p.a.	2.11% p.a.	0.2% p.a.	0.49% p.a.
Approx. Yield	-	8.43%	2.88%	1.83%	3.96%	3.03%
Star Ratings	-

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not LNW's direct yield. Annual cost uses each ETF's MER.

LNW Exposure on $10,000 investment

How a $10,000 investment in Light & Wonder Inc. (LNW) one week ago compares with ETFs that hold it.

Security	Investment type	Current price	7-day price movement	Dollar change	Value today
Light & Wonder Inc. (LNW)	Direct share	$130.000	8.19%	+$819	$10,819
Investors Mutual Concentrated Australian Share Fund (Quoted Managed Fund) (IMLC)	Equity - Australia Strategy	$3.980	3.38%	+$338	$10,338
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20)	Equity - Australia Small/Mid Cap	$21.750	-1.36%	-$136	$9,864
Betashares Geared Australian Equity Fund (GEAR)	Equity - Australia Strategy	$35.540	-0.59%	-$59	$9,941
State Street SPDR S&P/ASX 50 ETF (SFY)	Equity - Australia	$77.080	0%	$0	$10,000
Betashares Managed Risk Australian Share Fund (AUST)	Equity - Australia Strategy	$17.800	0.79%	+$79	$10,079

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

Light & Wonder Inc. (LNW) ETFs

17 ETFs hold Light & Wonder Inc. (LNW).

ETF	LNW Weight	MER	Yield
Investors Mutual Concentrated Australian Share Fund (Quoted Managed Fund) (IMLC)	4.4%	0.99%	8.43%
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20)	0.9%	0.25%	2.88%
Betashares Geared Australian Equity Fund (GEAR)	0.8%	2.11%	1.83%
State Street SPDR S&P/ASX 50 ETF (SFY)	0.5%	0.2%	3.96%
Betashares Managed Risk Australian Share Fund (AUST)	0.4%	0.49%	3.03%
Global X S&P/ASX 200 Covered Call ETF (AYLD)	0.4%	0.6%	7.42%
iShares Core S&P/ASX 200 ETF (IOZ)	0.4%	0.05%	3.49%
State Street SPDR S&P/ASX 200 ETF (STW)	0.4%	0.05%	3.85%
BetaShares Australia 200 ETF (A200)	0.3%	0.04%	3.41%
Betashares FTSE RAFI Australia 200 ETF (QOZ)	0.3%	0.4%	3.8%

View all 17 ETFs

Light & Wonder Inc. (LNW) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield

See all dividends from Light & Wonder Inc. (LNW) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Light & Wonder Inc. (LNW) price-sensitive announcements

LNW - LNW Q2 2026 Earnings Presentation

Light & Wonder Inc.'s Q2 2026 earnings presentation highlights consistent growth in consol

Light & Wonder Inc. (LNW)
5 Aug 2026 | 8:22 AM

LNW - LNW Q2 2026 Quarterly Report - Form 10-Q

Light & Wonder, Inc. has reported a growth in total revenue to $828 million for the second

Light & Wonder Inc. (LNW)
5 Aug 2026 | 8:22 AM

LNW - LNW Q2 2026 Form 8-K with Earnings Release

Light & Wonder, Inc. reported strong financial results for the second quarter of 2026, wit

Light & Wonder Inc. (LNW)
5 Aug 2026 | 8:22 AM

LNW - LNW - Q1 2026 Earnings Presentation

In Q1 2026, Light & Wonder Inc. reported a consolidated revenue increase of 2% year-over-y

Light & Wonder Inc. (LNW)
7 May 2026 | 8:21 AM

Light & Wonder Inc. (LNW) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	3Q2026 LNW Earnings Date Announcement	9 Oct 2026 8:16AM	$111.000	$130.000	risen by 17.12%
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	Notification of cessation of securities - LNW	7 Oct 2026 10:56AM	$110.530	$130.000	risen by 17.62%
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	Change of Director's Interest Notice (Antonia Korsanos)	6 Oct 2026 9:42AM	$108.750	$130.000	risen by 19.54%
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	Change of Director's Interest Notice (Jamie Odell)	6 Oct 2026 9:41AM	$108.750	$130.000	risen by 19.54%
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	Amended - Change of Director's Interest Notice (H McLennan)	30 Sep 2026 8:30AM	$109.500	$130.000	risen by 18.72%
Light & Wonder Inc. (LNW) CHESS DEPOSITARY INTERESTS 1:1	Consumer Discretionary	$10,016	LNW Corporate Social Responsibility Report	29 Sep 2026 10:02AM	$110.500	$130.000	risen by 17.65%

LNW Financial Summary

Year to Dec	NPAT	EPS	EPS chg (%)	PER	Yield (%)	Franking (%)
2025F	$688.73	$817.38	18.70%	18.34	0.00%	0.0%
2024F	$607.10	$688.34	26.30%	21.78	0.00%	0.0%
2023A	$506.85	$545.00	481.00%	20.92	0.00%	0.0%

LNW Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2023 A	2024 F	2025 F	2023 A	2024 F	2025 F	2023 A	2024 F	2025 F
Aristocrat Leisure Limited (ALL)	$37,413M	-0.3379	0.7190	0.1161	42.0618	24.4683	21.9237	1.47%	1.62%	1.80%
Light & Wonder Inc. (LNW)	$9,744M	0.1594	0.2537	0.1565	14.3317	11.4319	9.8853	0.00%	0.00%	0.00%
Tabcorp Holdings Limited (TAH)	$1,985M	-0.0427	0.0982	0.1057	25.7440	23.4417	21.2010	3.47%	4.16%	4.28%
The Lottery Corporation Limited (TLC)	$11,886M	-0.0500	0.0234	0.0667	34.7204	33.9263	31.8046	3.09%	3.18%	3.18%

LNW Market Comparison

	Earnings	P/E Ratio	P/B Ratio	P/E Growth
Company	0.20	12.20	30.50	0.60
Market	0.30	13.30	1.03	0.72
Sector	0.26	15.80	1.09	0.60

LNW Directors

Name	Position	Start Date
Mr Jamie Ronald Odell	Executive Chairman, Executive Director	16 Sep 2020
Mr Stephen William Morro	Non-Executive Director	9 Aug 2022
Mr Hamish Roy McLennan	Non-Executive Director	29 Oct 2020
Mr Kneeland Connor Youngblood	Non-Executive Director	1 Aug 2018
Ms Virginia Eileen Shanks	Non-Executive Director	9 Jun 2021
Mr Timothy James Osborne Throsby	Non-Executive Director	1 Oct 2020
Mr Michael Francis Marchetti	Non-Executive Director	15 Jan 2024
Mr Matthew Richard Wilson	President, Chief Executive Officer, Executive Director	10 Oct 2022
Ms Antonia (Toni) Korsanos	Vice Chairman, Executive Director	16 Sep 2020

Light & Wonder Inc. (LNW) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
1 Oct 2026	ODELL, Jamie	Buy	Direct Shares	5,472	$106.770	$584,245.440
1 Oct 2026	ODELL, Jamie	Exercise	Related Securities	5,472	$106.770	$584,245.440
1 Oct 2026	KORSANOS, Antonia (Toni)	Exercise	Related Securities	4,752	$106.770	$507,371.040

See all changes in directors' interest & trades for Light & Wonder Inc. (LNW) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

LNW Management

Name	Position
Susan Dawson	Company Secretary
Siobhan Lane	Executive Vice President and Chief Executive Officer, Gaming
Oliver Chow	Executive Vice President, Chief Financial Officer and Treasurer (principal financial officer)
Vanja Kalabic	Senior Vice President and Chief Accounting Officer (principal accounting officer)

LNW Calendar of Events

Date	Event
30 April 2027	Report (Annual)
24 February 2027	Report (Annual)
24 February 2027	Report (Prelim)

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