BetMGM
LIGHTNING BOX™ TAKES A JOURNEY TO THE JUNGLE WITH LIGHTNING TIGER™
Lightning Respin feature showcased in latest game in Lightning Series franchise
Light & Wonder, Inc. has announced the launch of its newest hit Lightning Tiger, from specialist slot provider Lightning Box, one of Light & Wonder’s in-house studios.
Players embark on a voyage through a mysterious jungle in this 3×5 slot, as they aim to get their hands on two of this slot’s captivating rounds.
Firstly, the Lightning Respin mode is triggered when six or more Lightning Bolts appear. Initially, three respins are awarded and if one Lightning Bolt reappears in the active reel, the number of respins is reset to the original number. When a player runs out of respins, all wins are collected and added to the win meter.
Additionally, Colossal Lightning Bolts may land on any spin and these split into separate lightning bolts, boosting the chances of a big win for any player.
There are also four in-game jackpots that can be collected, including the Grand Jackpot which can be won by landing the Grand Jackpot Lightning Bolt on a Lightning Respin triggering spin or within an active reel during the Lightning Respin mode.
Finally, the impressive Free Games round is activated when up to five Scatter Ruby symbols award 30 Free Games to players.
Colossal symbols also feature prominently within this mode as they can split into individual symbols. The Lightning Respin can also be unlocked, with between six and thirteen triggering this round again. Once this captivating feature has finished, it immediately returns to Free Games where players can collect up to four Scatters to add on 15 Free Games.
Lightning Tiger is a successful Light & Wonder title now available for online players. It will initially be exclusively available in New Jersey with BetMGM.
Michael Maokhamphiou, Studio Director at Lightning Box, said: “Lightning Tiger is our latest title that features gripping gameplay as users are able to activate this exclusive duo of different modes.
“The Lightning Respin round bolsters this slot with its thrilling gameplay and animations, leading players into a world of treasure.”
Rob Procter, VP of Game Development at Light & Wonder, said: “Lightning Box has ensured that Lightning Tiger is primed to be a huge hit with players across the globe, with a variety of ways to conquer this latest release.
“The slots that Lightning Box continues to produce is testament to the hard work of the whole team and there is no doubt that Lightning Tiger has all the attributes to be one of our most popular titles of 2023.”
BetMGM
Octoplay Launches Jackpot Blitz with BetMGM in Ontario, Accelerating North American Expansion
Octoplay continues its expansion in North America by launching Jackpot Blitz with BetMGM in Ontario, building on the company’s continental growth strategy following its Michigan provisional license approval.
This strategic launch builds on the growing momentum with BetMGM, marking a significant milestone in Octoplay’s North American expansion, introducing the bespoke opt-in jackpot solution built in collaboration with BetMGM. The decision to expand the partnership with BetMGM demonstrates the strong relationship between the companies and sets a strong foundation for Octoplay’s continued growth across North America.
The Ontario launch builds on Octoplay’s rapid market entries over recent months, including Microgame’s network of 50 operators in Italy, Slovakia’s leading operator Niké, and Sweden’s state-owned Svenska Spel Sport&Casino. With active licenses in the UK, Sweden, Malta, Greece, Romania, Slovakia, Italy, and Belgium, Octoplay continues its accelerated expansion across both European and North American markets.
Jackpot Blitz has achieved a remarkable 88% player opt-in rate since launch. This performance, combined with BetMGM’s extensive player base, sets a strong foundation for Octoplay’s North American growth as the company prepares for launches in Michigan and additional US states in 2025.
“The launch of Jackpot Blitz with BetMGM in Ontario accelerates our North American expansion plans,” says Carl Ejlertsson, CEO at Octoplay. “Our strong partnership with BetMGM has enabled us to bring this innovative product to their Ontario players. With our proven track record of collaboration with top tier gaming operators like BetMGM, we’re ideally positioned to drive significant growth together in regulated markets across North America.”
Oliver Bartlett, VP of Gaming Product & Content at BetMGM, said: “Ontario is a key iGaming market for BetMGM, and adding Jackpot Blitz strengthens our vast collection of games. Octoplay is part of our strategy to collaborate with top-tier partners to bring the best content to our players.”
As Octoplay prepares for its Michigan launch in 2025, followed by entries into additional US states, this expansion with BetMGM represents another milestone in the company’s accelerated growth. The partnership reinforces Octoplay’s momentum as the company continues its rapid advancement in North America.
The post Octoplay Launches Jackpot Blitz with BetMGM in Ontario, Accelerating North American Expansion appeared first on Gaming and Gambling Industry in the Americas.
Strong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025
BetMGM LLC , one of the leading sports betting and iGaming operators across North America, jointly owned by Entain plc and MGM Resorts International, is providing an update on its 1Q 2025 performance.
Adam Greenblatt, Chief Executive Officer of BetMGM, commented:
“2025 is off to an encouraging start for BetMGM as we execute our revised strategic plan. The momentum we built in the second half of 2024 continued into the first quarter as we implement our powerful iGaming strategy, enabling us to grow faster than the market and at scale. In Online Sports, we are elevating our brand and delivering improved performance, even in the face of unfavorable sports outcomes during key moments in the quarter. As we approach May, we remain confident in achieving full year positive EBITDA in 2025, supported by solid underlying activity trends and our successful delivery of positive EBITDA in the first quarter.”
1Q 2025 Key Financial Highlights
1Q 2025 BetMGM Financial Summary1,2,3
Three months ended
March 31
$ millions, unless otherwise noted
2025
2024
YoY Change
Net Revenue
iGaming
$443
$348
+27%
Online Sports
$194
$116
+68%
Handle
$4,088
$3,174
+29%
GGR Hold %
8.2%
8.7%
(50)bps
NGR Hold %
4.8%
3.6%
+110bps
Retail / Other
$20
$26
(22)%
Total Net Revenue
$657
$489
+34%
Contribution
$116
($38)
+$153
EBITDA
$22
($132)
+$154
Average Monthly Actives (thousands)4
1,067
1,009
+6%
Financial Highlights
Operational highlights
Outlook
The post BetMGM 1Q 2025 Business Update appeared first on Gaming and Gambling Industry in the Americas.
BetMGM, a leading sports betting and iGaming operator, announced the BetMGM Poker Championship returns to ARIA in Las Vegas Monday, June 30 to Friday, July 4, highlighting the ARIA Poker Classic Summer Series. The no-limit hold ‘em tournament has a $3,500 buy-in and offers participants a $3 million guaranteed prize pool. For the fourth consecutive year, the BetMGM Poker Championship will begin in ARIA’s Poker Room and conclude with a live-streamed Final Table at the PokerGO Studio. The ARIA Poker Classic runs May 29 through July 13 with the full schedule available at ARIA Poker on X.
“BetMGM’s relationship with MGM Resorts is our differentiator and the BetMGM Poker Championship presents a unique opportunity to connect our online players with one of the premier properties and events that Las Vegas has to offer. We are preparing to use our brand ambassadors – Darren Elias and Abby Merk – as well as our media partners, to engage with the poker community in new ways throughout the summer,” said Angus Nisbet, VP of Gaming at BetMGM.
Online qualifiers for the BetMGM Poker Championship run at 9:15 p.m. EST every Thursday and Sunday through Sunday, June 22. More than 100 players from BetMGM Poker markets including New Jersey, Michan, Pennsylvania, and Ontario (Canada) will win BetMGM Poker Championship packages that include a $3,500 Championship entry, a five-night stay at ARIA, travel credit, and a BetMGM swag bag. A full online qualifier schedule is available at BetMGMPoker.com.
Ryan Kirk, ARIA’s Director of Poker Operations, said: “ARIA has long been recognized as the epicenter of poker in Las Vegas and we’re proud, once again, to host the BetMGM Poker Championship during our ARIA Poker Classic. This event continues to raise the bar, bringing together the prestige of our world-class poker room with BetMGM’s innovative online platform. We look forward to welcoming players from across North America to experience the energy, excitement and hospitality that ARIA delivers.”
The post BetMGM Poker Championship Returns to ARIA Resort & Casino in Las Vegas June 30 – July 4 appeared first on Gaming and Gambling Industry in the Americas.
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