The CEO of Light & Wonder’s iGaming division announced on Monday he is stepping down from his role and leaving the business.
Dylan Slaney posted on LinkedIn on Nov. 18 that his resignation is “a personal decision in its purest form.”
Slaney had led Light & Wonder iGaming since October 2021, reporting directly to group CEO Matt Wilson. All told, he has been at the company for more than seven years.
“It’s been an incredible journey leading this business over the past seven years, and I’m immensely proud of what we’ve accomplished together,” Slaney wrote. “Thank you to Light & Wonder for putting your trust in me as CEO and for the support to invest and grow the iGaming business.
“To the team at Light & Wonder – iGaming, your dedication, passion and relentless ‘never settle’ drive inspired me every day. I am confident that the best is yet to come for you and the business you have created. Thank you for the belief. Thank you for the memories… Proud and humbled to have been given this amazing opportunity. and looking forward to writing the next chapter.”
Slaney previously served as executive vice president of gaming for NYX Gaming Group before it was acquired by Light & Wonder, then known as Scientific Games, at the start of 2018. He was named senior president of gaming at the new Scientific Games Digital division, which became Light & Wonder iGaming under the 2022 rebrand, when the company divested its lottery and sports betting assets to focus on gaming.
“We’ve been on an incredible journey in our iGaming business over the last seven years, and we want to thank Dylan and the entire iGaming team for building the iGaming business into what it is today,” a Light & Wonder spokesperson told SBC Americas. “We have unwavering faith in our current team’s ability to unlock even greater opportunity moving forward.”
Light & Wonder iGaming reflects on U.S. leading position
Last week, Light & Wonder reported its 14th consecutive quarter of revenue growth. The iGaming division’s revenue grew 5.7% in Q3 to exceed $74 million, which the company said reflected continued momentum and new launches in North America and beyond.
The company’s recent expansion has included striking a deal to distribute games from Bragg Gaming Group’s various studios across its ecosystem in the U.S., Canada and multiple European markets. It also forged an agreement with PENN Entertainment to exclusively offer Hollywood Casino at Greektown live dealers to online players in Michigan, PENN’s first initiative to offer online casino titles with local property branding.
On an earnings call, Wilson said that Light & Wonder iGaming is leading the U.S. market in slot gross gaming revenue (GGR) share, as well as benefiting from content from other divisions in the market.