LNWO — what changed in the latest 10-Q
A section-by-section comparison of LNWO's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-04 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +36 | −26 | ~19 | 27 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-04
Three Months Ended June 30,VarianceSix Months Ended June 30,Variance
Gaming revenue increased 5% for the three months ended June 30, 2026, as compared to the prior year period. Revenue growth was primarily driven by higher Gaming operations revenue of $14 million supported by our diversified portfolio of high-performing game franchises, along with a $24 million incre…
Gaming revenue increased 4% for the six months ended June 30, 2026, as compared to the prior year period. Revenue growth was primarily driven by higher Gaming operations revenue of $37 million, supported by our diversified portfolio of high-performing game franchises, along with an increase of $67 m…
SciPlay revenue decreased by $18 million and $34 million, or 9% and 8%, for the three and six months ended June 30, 2026, respectively, as compared to the prior year periods. These decreases were primarily due to a softer social casino free-to-play market and a decline in average monthly payers prim…
iGaming revenue increased by $11 million and $25 million, or 14% and 16%, for the three and six months ended June 30, 2026, respectively. Revenue growth was driven primarily by continued momentum in the North American markets underpinned by first-party content (“1PP”) proliferation and the expansion…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Gaming revenue increased 3% for the three months ended March 31, 2026, as compared to the prior year period. Revenue growth was primarily driven by higher Gaming operations revenue of $23 million, supported by our diversified portfolio of high-performing game franchises, along with $43 million in re…
SciPlay revenue decreased 7% for the three months ended March 31, 2026, as compared to the prior year period, due to a decline in average monthly payers primarily attributable to JACKPOT PARTY® Casino, partially offset by an increase in average monthly revenue per paying user, which increased 8%. Re…
iGaming revenue increased 18% for the three months ended March 31, 2026, driven primarily by continued momentum in the North American markets underpinned by first-party content (“1PP”) proliferation and the expansion of our partner network.
Total cost of revenue decreased 8% for the three months ended March 31, 2026, primarily as a result of lower cost of products in correlation with lower gaming machine sales revenue.
SG&A increased 9% for the three months ended March 31, 2026, as compared to the prior year period, due to higher salaries and benefits (including stock-based compensation) of $14 million and higher legal and professional services of $7 million, partially offset by a decrease in marketing expense of …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice