Munchkinland Slot Machine – LAS VEGAS, March 27, 2019 // — Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) has launched MUNCHKINLAND, the latest game in the successful THE WIZARD OF OZ arcade series based on the classic 1939 film .
This highly anticipated game features the beloved characters and classic scenes from the iconic movie including the famous Munchkins. MUNCHKINLAND is the first WIZARD OF OZ slot to use 3D characters, including the first appearance of The Wicked Witch of the East, as an integral part of the game’s features and bonuses.
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Scientific Games Corporation launched MUNCHKINLAND, the latest game in the successful THE WIZARD OF OZ arcade series based on the classic 1939 film.
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Presented on the immersive Gamefield 2.0™ cabinet, MUNCHKINLAND is a 5-reel, 50-line slot with a life-changing ‘There’s No Place Like Home’ wide-area progressive jackpot and two central game features. The Witch Feature features The Wicked Witch of the East, who will randomly fly across the base game screen and cast spells on the reels, potentially expanding them to 12 rows! During the action, Witch Wild reels can be added, increasing the chances of a big win. If Tornado Wild reels are added, the reels switch to Lollipop Wilds and display credit prizes and jackpots that add up for sweet prizes.
Triggered by three or more bonus symbols, the Munchkin Parade bonus starts with a wheel spin where character wedges award a matching jackpot and an extra spin, and free spin wedges can award up to 20 free spins! During the free spins, parading Munchkins can provide up to three active enhancements, such as wild reels, multipliers, and Lollipop Wilds credit prizes.
“THE WIZARD OF OZ is considered one of the greatest films of all time and we are delighted to introduce the latest homage to this beloved theme – MUNCHKINLAND – to the industry. Our talented team of artists and developers utilized the latest in 3D technology, along with proven gameplay, to to bring a unique and exciting gaming experience to the casino floors,” said Bob Parente, SVP and CFO of Scientific Games. “Scientific Games has enjoyed a long history of success and partnership with THE WIZARD OF OZ brand, and we are confident that this latest title will be a hit with both players and fans.”
About Scientific Games Scientific Games Corporation (NASDAQ: SGMS) is a global leader in gaming entertainment, offering the broadest and most integrated portfolio of game content, advanced systems, leading-edge systems and professional services. The company is #1 in technology-based gaming systems, real-money digital gaming and sports betting, casino table games and utilities, and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. . Scientific Games is committed to responsible gaming and delivers what customers and players value most: solid security, engaging entertainment, operational efficiency and innovative technology. For more information, visit www.scientificgames.com.
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About Warner Bros. Consumer Products Warner Bros. Consumer Products (WBCP), the entertainment business of Warner Bros., extends the Studio’s powerful portfolio of entertainment brands and franchises into the lives of fans around the world. WBCP partners with top licensees worldwide for an award-winning range of toys, fashion, home decor and publishing inspired by franchises and properties such as DC, Wizarding World, Looney Tunes and Hanna-Barbera. The division’s successful global entertainment operations include groundbreaking experiences such as The Wizarding World of Harry Potter and Warner Bros. World Abu Dhabi. With innovative global licensing and merchandising programs, retail initiatives, promotional partnerships and themed experiences, WBCP is one of the world’s leading licensing and retail companies.
THE WIZARD OF OZ and all related characters and episodes © & ™ Turner Entertainment Co. (s19)Judy Garland as Dorothy from THE WIZARD OF OZ.
Forward-Looking Statements In this press release, Scientific Games makes “forward-looking statements” within the meaning of the US Securities and Exchange Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based on management’s current expectations, assumptions and plans and are not guarantees of timing, future results or performance. Therefore, you should not place undue reliance on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those indicated in these statements due to various risks and uncertainties and other factors, including those described in our filings with the SEC, including the company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its most recent Annual Report on Form 10-K filed with the SEC on February 28, 2019 (including under the headings “Forward-Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under US federal securities laws, Scientific Games undertakes no obligation to publicly update forward-looking statements whether as a result of new information, future events or otherwise.1 of 4 In this July 2, 2020 photo, a woman plays a slot machine at the Golden Nugget casino in Atlantic City, N.J. Gambling companies in the United States increasingly bring together different types of gambling, including sports betting, casinos. gambling, online gambling and daily fantasy sports and partnering with media companies as they seek to increase revenue. (AP Photo/Wayne Parry)1 of 4 In this July 2, 2020 file photo, a woman plays a slot machine at the Golden Nugget casino in Atlantic City, N.J. Gambling companies in the United States are increasingly bringing together different forms of gambling, including sports betting. , casinos, online gambling and daily fantasy sports, and partnering with media companies as they seek to increase revenue. (AP Photo/Wayne Parry)
ATLANTIC CITY, N.J. (AP) – Many different types of gambling are quickly coming together and with the media – and Wall Street is taking notice.
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Online gambling, online gambling, sports betting and daily fantasy sports are no longer separate silos with individual audiences: gambling companies are increasingly combining them and partnering with media companies to increase the reach of gambling.
This expansion is leading Wall Street analysts to predict the fastest growing earnings in the United States over the next five to 10 years. Morgan Stanley predicts a $15 billion online sports betting and gambling market by 2025, and Macquarie Research says the same market could reach $30 billion by 2030.
“The once disparate categories of online gaming, media and sports are teaming up to create a powerful partnership that we believe will increase viewership, increase overall fan engagement and drive significantly higher market value for all involved,” Macquarie wrote in a report that was released on Tuesday. .
It cited numerous examples of deals between sports betting and media companies in the past year, including Bally’s and Sinclair Broadcasting; Flutter Entertainment and FOX; PointsBet and NBC; William Hill and CBS; DraftKings and Caesars Entertainment in partnership with ESPN; Penn National and Barstool Sports; BetMGM and Yahoo; and Turner Sports’ deals with FanDuel and DraftKings.
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David Schwartz, a gambling historian at the University of Nevada, Las Vegas, said combinations like these “seem to be the wave of the future.”
“With geographic expansion almost complete in the United States – Texas is the largest unserved market – casino operators are looking to increase their revenue by expanding into new types of gambling, (and) online and sports betting are the most prominent ,” he said. said. “Even daily fantasy sports are considered viable avenues, as evidenced by recent moves by Bally’s and Caesars. Media partners get more content and more eyes on their product.”
Bill Miller, president of the American Gaming Association, the national gambling industry body, said deals like this are a “logical extension” of the industry’s desire to keep up with customer expectations.
In a report last week, Morgan Stanley predicted a $15 billion online sports betting and gambling market by 2025, up 27% from current levels. As much as $10 billion of that is likely to come from sports betting, the company said.
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Most experts expect at least half of the country to have legal sports betting by the end of 2021, with continued expansion after that.
Morgan Stanley said revenue from online sports betting and gambling reached $3.1 billion in the U.S. last year, well ahead of its forecast of $2 billion. While some of the growth in online betting was undoubtedly helped by months of casino closures during the coronavirus pandemic, Morgan Stanley says there is a durable market taking shape in these industries.
“We see legalized US sports betting and iGaming as a once-in-a-generation change for what was a mature gaming industry,” Morgan Stanley wrote. “We understand that Americans’ interest in sports and gambling should lead to higher revenue (per) adult than we previously expected.”