Dylan Slaney, the chief executive officer of iGaming at Light & Wonder, has announced his decision to step down. Reminiscing about his time with the company, the outgoing executive said that his stay at L&W has been pleasant and inspiring.
Slaney’s Departure Is a Personal Decision
Slaney, who joined the Light & Wonder family in 2018, announced on November 18 that he is resigning as CEO of iGaming. He was appointed to the position in October 2021, following an almost four-year tenure as senior vice president of gaming at SG Digital.
In a post on LinkedIn, Slaney explained that his departure was a purely personal decision. Despite preparing to leave the company, he said that he enjoyed his time with the provider and praised the L&W team for its progress.
It’s been an incredible journey leading this business over the past 7 years, and I’m immensely proud of what we’ve accomplished together.
Dylan Slaney, outgoing CEO iGaming, Light & Wonder
Slaney added that he is thankful to everyone who trusted him with the position and followed him as Light & Wonder continued to invest in and grow its iGaming business.
Slaney described the company’s iGaming team as dedicated, passionate and relentless and thanked his colleagues for inspiring him day after day. Despite leaving Light & Wonder, he believes that the company is poised for success and that the best is yet to come.
Last but not least, Slaney thanked the company’s partners and customers who have been just as supportive of him and the overall iGaming division. He said that the company wouldn’t have come so far without them.
In the meantime, Slaney said that he is looking forward to his next opportunity.
Proud and humbled to have been given this amazing opportunity. and looking forward to writing the next chapter.
Dylan Slaney, outgoing CEO iGaming, Light & Wonder
Light & Wonder Q3 Strong Despite Legal Setbacks
In other news, Light & Wonder recently published its Q3 report, outlining strong financial results despite its court loss against Aristocrat. The company reaffirmed a $1.4 billion consolidated adjusted EBITDA target for 2025, expressing trust in its continued success.
As for the lawsuit, Light & Wonder reported that it had successfully replaced or converted approximately 95% of the Dragon Train terminals.
For context, Aristocrat had taken Light & Wonder to court over alleged infringement of its intellectual property. The former company insisted that L&W’s Dragon Train game had copied Aristocrat’s Dragon Link product. Because of that, Light & Wonder now has to remove the existing Dragon Train machines and change them with other games or a new version of Dragon Train.