Press Releases
LIGHTNING BOX™ UNVEILS LANDMARK DUAL LAUNCH WITH THUNDERING SHENLONG™ AND THUNDERING GORILLA™
Progressive Product makes long-awaited debut in double slot release
Light & Wonder, Inc. announced the release of its inaugural Progressive Product games, Thundering Shenlong and Thundering Gorilla, from specialist slot provider Lightning Box, one of Light & Wonder’s in-house studios.
The latest hits in Lightning Box’s portfolio have evolved from Lightning Shenlong and Lightning Gorilla to become the studio’s first ever Progressive Product titles.
Thundering Shenlong and Thundering Gorilla showcase the Progressive Jackpot, including the Grand and Major Jackpot prizes. The chances of being awarded either jackpot is increased by opting to use Higher Bet Multipliers, with no upper limit on Progressive Jackpot values.
Additionally, a new Upgraded Respin feature has been added to both games. To activate this, players can use Perceived Persistence in the thunder clouds to trigger this round.
When players enter the feature, the screen is struck with lightning and may add extra Lightning Bolts onto the screen. Overall, the Upgraded Respins are played with two screens and between one and five Active Reels are randomly chosen for each respin. Colossal Lightning Bolts are also available, landing on any spin and splitting into individual Lightning Bolts to further boost prizes.
Key features and symbols remain from the original depictions of these games, with Thundering Shenlong transporting players to celebrate Chinese New Year and users landing in a jungle adventure in Thundering Gorilla.
Both slots also allow players the opportunity to go straight to the Bonus Game with the Bonus Buy option, with players staking 50x to be transported to either game’s flagship feature.
The 243 Ways to Win scenario remains in place on Thundering Shenlong, whilst Thundering Gorilla keeps its 40 lines from the first release, ensuring players can enjoy numerous paths to win prizes.
Thundering Shenlong and Thundering Gorilla will initially launch in New Jersey with BetMGM, FanDuel, Caesars and DraftKings and will be available to customers of Light & Wonder’s industry-leading OPENGAMING™ platform.
Michael Maokhamphiou, Studio Director at Lightning Box, said: “Thundering Shenlong and Thundering Gorilla are two incredible additions to our portfolio, with both slots opening new avenues for players with the Progressive Product to the fore.
“When you include the captivating Upgraded Respin feature on these games, you have two slots that are set to be huge hits for us across the market and we are thrilled to launch such an exciting new product onto our slots.”
Rob Procter, VP of Game Development at Light & Wonder, said: “Thundering Shenlong and Thundering Gorilla are packed with features and have propelled Lightning Box to the next level.
“With subtle twists and upgrades to already popular games, creating the new Thundering titles has been a fantastic adventure and we are confident that these releases will make a huge impact.”
Tundra Esports, The International 11 Champions and a leading competitive esports team playing in Dota 2, proudly announces a game-changing collaboration with Gladiator PC, a pioneer in high-performance gaming technology as their Official Supplier.
The post Tundra Esports Announces New Official Supplier Partnership with Gladiator PC appeared first on European Gaming Industry News.
Press Releases
Genius Sports Reports First Quarter Results Above Expectations and Raises 2024 Group Revenue and Adj. EBITDA Guidance
Q1 Earnings 2024 Carousel 8th May
- Group Revenue of $120m, exceeding first quarter guidance of $117m
- Group Net Loss of ($26m) and Group Adj. EBITDA of $7m, exceeding guidance of $6m
- Raised 2024 Group Revenue and Adj. EBITDA guidance to $500m and $82m, respectively, up from prior guidance of $480m and $75m
- Reaffirming expectation to generate positive cash flow in 2024
- Increased financial flexibility by entering into $90 million committed revolving credit facility with Citibank and Deutsche Bank
Genius Sports Limited, the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal first quarter ended March 31, 2024.
“Following a strong year of execution in 2023, we are pleased to continue our momentum to start the new year, with the first quarter of 2024 marking another period of outperformance relative to expectations,” said Mark Locke, Genius Sports Co-Founder and CEO. “As we expand our technology footprint and work to extend one of our most important data partnerships with Football DataCo, we feel an enhanced sense of excitement and confidence in our outlook for 2024 and beyond.”
| $ in thousands | Q124 | Q123 | % |
| Group Revenue | 119,718 | 97,229 | 23.1% |
| Betting Technology, Content & Services | 73,897 | 64,740 | 14.1% |
| Media Technology, Content & Services | 35,475 | 21,764 | 63.0% |
| Sports Technology & Services | 10,346 | 10,725 | (3.5%) |
| Group Net loss | (25,541) | (25,168) | (1.5%) |
| Group Adjusted EBITDA | 6,878 | 8,042 | (14.5%) |
| Group Adjusted EBITDA Margin | 5.7% | 8.3% | (260 bps) |
View the full press release here.
The post Genius Sports Reports First Quarter Results Above Expectations and Raises 2024 Group Revenue and Adj. EBITDA Guidance appeared first on European Gaming Industry News.
DigitalEjis Limited, an innovative research and development company, and Betpoint, a leading Italian regulated gaming operator, have signed a partnership agreement to improve technological safeguards for players and responsible gaming.
DigitalEjis, a pioneer in its field, is the only company that provides an advanced technological solution to assist gaming operators in promoting responsible gaming and ensuring a safer gaming environment for all customers. DigitalEjis has developed the world’s first anti-addiction prediction software, the result of years of scientific research conducted in collaboration with renowned institutions and enhanced by the use of machine learning and artificial intelligence.
This software aims to improve the protection of responsible gaming. Ian McLoughlin, CEO of DigitalEjis, emphasized the ethical imperative behind the development of the innovative software: “Our mission is to create a safe and fun gaming environment for all players. By allowing operators to better understand their players, we aim to implement protection tools for the most vulnerable users without compromising anyone’s fun”.
“It was a pleasure,” adds Ian McLoughlin, “to work closely with Betpoint to enable them to offer a quantum-leap in player protection compared to the competition. Through-out the process, Betpoint has shown a constant commitment to maximizing the safety of its players. What I now hope is that players will turn to gaming operators who offer more protection. Currently in Italy, Betpoint represents the reference point for this”.
Betpoint, a leading gaming operator in Italy, stands out for its leadership in the field of player protection. Long committed to promoting transparency, player trust, and their safety, Betpoint sees the collaboration with DigitalEjis as a further sign of its commitment to responsible gaming.
With the integration of the software designed and produced by DigitalEjis on its gaming platform, Betpoint confirms itself as the most committed operator in Italy on the front of the protection of safe and responsible gaming. Betpoint, a prominent name in the gaming sector in Italy, has consistently prioritized transparency and player trust. In its position as a premium operator, Betpoint has committed to actively promoting responsible gaming as an integral part of its
corporate philosophy.
Giuseppe Simone, CEO of Betpoint, stated: “The collaboration with DigitalEjis reflects our commitment to player safety. We firmly believe that operators should provide a safer gaming experience for their customers, and we are committed to doing exactly that”.
The post DigitalEjis and Betpoint together in safeguarding responsible gaming appeared first on European Gaming Industry News.
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