Here's your Forbes Daily Briefing for Wednesday, September 11th.

Today on Forbes, Inside the World's Fast Growing Slot Machine Company.

In March 2020,

2020, Matt Wilson took a new job as head of Scientific Games's

gaming division, one of the largest slot machine companies in the world.

But a few weeks later, his business, and those of all its competitors came to a screeching halt.

For the next 78 days, casinos across the United States, the world's largest slot machine market, were shuttered due to the COVID-19 outbreak.

Saddled with $9.2 billion in debt, scientific games could not afford such a losing streak.

Over the next two years, the NASDAQ listed company started selling off divisions.

In October 2021, Scientific Games sold its lottery business, along with its name, which made up about 40% of its

revenue for $6.1 billion to the Bermuda-based private equity firm Brookfield Business Partners.

Then in September 2022, Wilson, who had been promoted to CEO,

recriston the firm Light and Wonder,

and sold its Open Bet Sports Wagering

firm to Endeavor Group for $800 million.

The 43-year-old Wilson, who previously worked

for Light and Wonder's Australia-based competitor Aristocrat

for nearly 16 years says quote we were trying to be world-class at 50

different gaming things through the pandemic but we also had a really serious financial situation that

needed to be dealt with. With its debt now down to 3.8 billion dollars and

revenues stabilized at 2.9 billion dollars over the last 12 months.

Wilson focused on Light and Wonder's sweet spots, slots,

...