5 Biggest Lotteries In The World

3. Light & Wonder, Inc. (NASDAQ:LNW)

Market Cap as of November 8: $5.24 Billion

Number of Hedge Fund Holders: 27

Light & Wonder, Inc. (NASDAQ:LNW) is a leading global developer of game content and technology for the gaming and lottery industries. The company has over 5000 employees worldwide. Light & Wonder, Inc. (NASDAQ:LNW) provides a complete solution for lottery and gaming organizations, from game design and development to managing the distribution of lottery products and services. The company also offers a complete range of online and mobile gaming products and services for lottery, casinos, sports betting, and social gaming operators. As of November 8, Light & Wonder, Inc. (NASDAQ:LNW) is valued at over $5.24 billion and is poised to grow its market share in the lottery industry. The company is among the biggest lotteries in the world.

On August 10, Craig-Hallum analyst Ryan Sigdahl revised his price target on Light & Wonder, Inc. (NASDAQ:LNW) to $90 from $105 and maintained a Buy rating on the shares.

As of June 30, Fine Capital Partners is the most prominent shareholder in Light & Wonder, Inc. (NASDAQ:LNW) and owns over 9.4 million shares of the company, which amounts to a stake of $445.4 million.

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