Light & Wonder Enters Into Agreement With Shift4 to Boost Its State-of-the-Art Cashless Gaming Solution
07 Juni 2023 - 2:00PM
Business Wire
Agreement Enhances Light & Wonder’s AToM™
Cashless Gaming Solution and Expands Shift4’s Commerce Offering for
Casinos
Light & Wonder, Inc. (NASDAQ: LNW) (together with its
subsidiaries “Light & Wonder”), a global leader in casino
gaming technology, and Shift4 (NYSE: FOUR), a leader in integrated
payments and commerce solutions, today announced an agreement for
Shift4 to integrate their payment processing technology into Light
& Wonder’s cashless table-top debit solution, AToM.
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Shift4 Partners with Light & Wonder
(Graphic: Business Wire)
An easy, point-of-play PIN debit solution, AToM allows players
to access funds without leaving the table or handling cash. AToM
promotes increased player retention and provides real-time
accounting and game reports and keeps the game moving. As a leader
in payment processing solutions, Shift4 will integrate its
commerce-enabling technology with AToM’s cashless solution to
deliver a seamless gaming experience.
“AToM is unbelievably simple, intuitive and offers a great
convenience for players. Integrating Shift4’s payment processing
capabilities allows us to drive greater value and retention for our
customers and a better experience for players,” said Mike McKiski,
Senior Vice President, Global Gaming, Tables. “These solutions
complement each other, and our current product family, enabling us
to deliver a truly differentiated offering.”
“Shift4 is transforming commerce across various industries with
a simplified payment experience that seamlessly integrates into
leading technology solutions,” stated Anthony Perez, Shift4’s SVP
of New Verticals. “Light & Wonder is a leader in cashless
solutions for casinos, and Shift4 is excited to enhance the player
experience for its customers. We are quickly growing our presence
in the gaming space with our ability to deliver both card-present
and card-not-present solutions, and this agreement further enhances
our capabilities for our casino customers.”
Shift4’s support will initially include domestic jurisdictions
and Canada, with other sites to be included in the future.
About Light & Wonder, Inc.
Light & Wonder, Inc. is the global leader in cross-platform
games and entertainment. Light & Wonder brings together
approximately 6,000 employees from six continents to connect
content between land-based and digital channels with unmatched
technology and distribution. Guided by a culture that values daring
teamwork and creativity, the Company builds new worlds of play,
developing game experiences loved by players around the globe. Its
OPENGAMING™ platform powers the largest digital-gaming network in
the industry. The Company is committed to the highest standards of
integrity, from promoting player responsibility to implementing
sustainable practices. To learn more, visit lnw.com.
About Shift4
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying
complex payments ecosystems across the world. As the leader in
commerce-enabling technology, Shift4 powers billions of
transactions annually for hundreds of thousands of businesses in
virtually every industry. For more information, visit
shift4.com.
Forward-Looking Statements
In this press release, Light & Wonder makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results, or performance. Therefore, you should not rely on any of
these forward-looking statements as predictions of future events.
Actual results may differ materially from those contemplated in
these statements due to a variety of risks, uncertainties and other
factors, including those factors described in Light & Wonder’s
filings with the Securities and Exchange Commission (the “SEC”),
including its current reports on Form 8-K, quarterly reports on
Form 10-Q and its annual report on Form 10-K that was filed with
the SEC on March 1, 2023 (including under the headings
"Forward-Looking Statements" and "Risk Factors"). Forward-looking
statements speak only as of the date they are made and, except for
Light & Wonder’s ongoing obligations under the U.S. federal
securities laws, Light & Wonder undertakes no obligation to
publicly update any forward-looking statements whether as a result
of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230607005147/en/
Light & Wonder Media Inquiries: Media@lnw.com
Shift4 Media Contact: Nate Hirshberg VP, Marketing
nhirshberg@shift4.com
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