Light & Wonder Announces First-Ever Installation of RAPIDPLAY at Crystal Bay Casino

LAS VEGAS - October 26, 2026 - Light & Wonder, Inc. (ASX: LNW) (together with its subsidiaries, "Light & Wonder," "L&W" or the "Company") today announced the first-ever installation of its innovative cashless solution, RAPIDPLAY, at Crystal Bay Casino in Crystal Bay, Nevada. RAPIDPLAY is approved for deployment in Nevada, with expansion into additional jurisdictions planned, subject to applicable regulatory approvals.

RAPIDPLAY, enables players to securely access funds directly at the slot machine using their personal mobile device. Through secure open banking technology, players can instantly transfer funds by simply scanning a QR code without requiring an app download or loyalty card. RAPIDPLAY delivers a faster, more convenient player experience while helping operators modernize payments on the casino floor.

"The first installation of RAPIDPLAY marks an exciting milestone for Light & Wonder as we continue to bring innovative payments technology to casino floors," said Muthu Palanichamy, Senior Vice President & General Manager, Global Systems at Light & Wonder. "We're proud to collaborate with Crystal Bay Casino to debut this solution and deliver a faster, more seamless experience for players while creating meaningful value for operators."

"At Crystal Bay Casino, we're always looking for innovative ways to enhance the guest journey," said Eric Roe, General Manager at Crystal Bay Casino. "Being the first casino to deploy RAPIDPLAY reflects our commitment to embracing new technology that adds convenience for our guests."

For this deployment, Light & Wonder collaborated with payment service provider, Koin.

For more information, visit lnw.com

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About Light & Wonder, Inc.
Light & Wonder, Inc. is a leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,500+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it's all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.

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Forward-Looking Statements
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