Valicy Gaming, founded by Grover Gaming founder Garrett Blackwelder, has launched following Light & Wonder’s $850m acquisition of Grover’s charitable gaming assets (plus up to $200m earn-out). Valicy retained a majority of former Grover employees and aims to become a major land-based manufacturer in North America, with its public debut set for G2E Las Vegas (Oct 6–9) and an initial focus on game development, hardware design, and new products for casino partners.

Following Light & Wonder’s acquisition of Grover Gaming’s charitable gaming assets in May 2025, Grover’s founder and former CEO, Garrett Blackwelder, has introduced Valicy Gaming—a new supplier aiming to become a major manufacturer for land-based gaming in North America. Valicy has retained a majority of former Grover Gaming employees and will make its public debut at G2E Las Vegas (Oct 6–9).

“We have the opportunity to do big things in new markets,” Blackwelder said, adding that Valicy will focus on relationships, excellence, and innovation as it scales.

Key Points

1. Valicy Gaming, unveiled at a launch event in North Carolina, targets land-based manufacturing across North America.
2. Team continuity: The company retained a majority of ex-Grover Gaming staff, supporting the rapid rollout of products and services.
3. First public showcase: G2E Las Vegas (Oct 6–9), where Valicy plans to present game content, hardware designs, and partner-ready solutions for casinos.
4. Deal backdrop: Light & Wonder closed the purchase of Grover’s charitable gaming assets on May 19 for $850m in cash, plus a potential earn-out of up to $200m over four years.
5. Industry context: Light & Wonder also secured a gaming-related vendor license from the General Commercial Gaming Regulatory Authority (UAE) on July 21, highlighting its expansion into complementary regulated markets.

Deal Background: Why It Matters

Light & Wonder characterized Grover Gaming as a leader in charitable gaming, stating the acquisition enhances its position as a cross-platform games company and opens new distribution channels for content. For the market, this creates room for new entrants and spin-offs—with Valicy Gaming positioning itself to fill gaps in land-based hardware and content while leveraging the know-how of Grover’s former teams.

Valicy Gaming’s Initial Focus

1. Manufacturing for land-based gaming: Building a pipeline of cabinet hardware and game titles designed for North American casinos.
2. Product development: Prioritizing game development and hardware design to meet operator requirements on performance, reliability, and compliance.
3. Operator partnerships: Using G2E to seed partnerships with casinos and distributors, and to gather feedback on near-term product releases.

Quotes & Positioning

1. Garrett Blackwelder, Founder:
2. “This is an exciting time for our teams… As we grow Valicy, we will focus on relationships, excellence, and innovation.”
3. Matt Wilson, Light & Wonder President & CEO (on the Grover deal):
4. The acquisition aligns with the strategy to expand in complementary regulated markets, bringing assets and expertise into Light & Wonder’s ecosystem and broadening content reach.

What to Watch Next

1. G2E product previews: Expect early looks at launch cabinets, marquee titles, and roadmaps for 2025–2026 deployments.
2. Partnership announcements: Potential pilot programs and regional rollouts with North American operators following G2E feedback.
3. Talent and hiring: With a majority of Grover staff onboard, Valicy may continue to recruit specialized talent in R&D, compliance, and field services.