Industry News
MGM Resorts Plans to Expand its Online Operations Globally
MGM Resorts has outlined plans to expand its online gaming channels globally.
Speaking at the Bank of America Securities 2021 Gaming and Lodging Conference last Friday, MGM’s Chief Financial Officer Jonathan Halkyard said the company was actively steering itself towards an asset-light model that would see it focus primarily on gaming operations rather than ownership, while continuing expansion of its online gaming business BetMGM.
However, it is likely that this expansion will eventually continue overseas given the absence of substantial new land-based resort opportunities and MGM’s reluctance, outside of Macau and Japan, to invest in such resources.
MGM Resorts holds a controlling stake in MGM China, operator of MGM Macau and MGM Cotai, and is leading a consortium looking to develop an IR in Osaka, Japan.
“When I think about what this company needs to be, definitely the best-known brand, most trusted brand in gaming,” Halkyard said.
“Casual, high-end and hopefully in as many distribution points with the highest availability in this country.
“Then to the extent that it is regulated, online offerings internationally.
“Realistically the opportunity for integrated resorts is not going to be in a wide number of jurisdictions and the capital cost can be pretty extreme but in our spots – Macau and Japan – we would expect to be a player there. So the best brands, [most] trusted brands available anywhere and premier in gaming.”
Halkyard paid particular attention during his appearance at the Bank of America conference to the long-term prospects of the company’s online gaming entity BetMGM, a joint venture partnership with Entain PLC.
MGM is looking to implement an omni-channel strategy for BetMGM by which online customers globally would become members of MGM’s M life Rewards programme and, therefore, receive points and rewards for their online play.
Halkyard said the company would continue to simplify its business model in the coming years.
“MGM has in the past flirted with non-gaming instances of its brand and we have over the past six months, Bill (Hornbuckle, CEO) and I and some of the management team, been unwinding and shutting some of those investments,” he said.
“They’re all small but they take financial resources and management resources, so we’re getting out of those.
“We’ve been through the CityCenter [sale], the MGP (MGM Growth Properties LLC) deal, so less financial engineering and more simplified and clear about what we are, which is an OpCo.”
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iGaming Select
iGaming Select launches initiative to champion product and tech innovation
iGaming Select, a fresh supplier hub dedicated to highlighting and evaluating iGaming technology, is now operational with a distinct goal to simplify the process for operators in finding the top products within an ever-growing and marketing-focused environment.
iGaming Select, created by BetComply CMO Martin Hodges, iGP CMO Michael Baker-Mosley, and Digital Footprints founders Sharon McFarlane and Steve Lee, gathers authenticated reviews of numerous iGaming products, allowing truly innovative solutions the opportunity to rival bigger players.
Martin Hodges, Co-Founder at iGaming Select, said: “The way operators select suppliers is no longer working. It has become less about technology and product, and more about visibility, marketing budgets and noise. iGaming Select is founded on the simple principle that great technology should be easy to identify, giving operators a place to evaluate and compare suppliers based on what they actually offer.”
Operators are now confronted with numerous suppliers presenting similar solutions, and iGaming Select assists decision-makers in discerning valuable information through clear product capability descriptions, organized categorization, relevant operational details, and reviews based on actual usage.
The platform will also offer perspectives on how innovation can grow sustainably, giving operators, suppliers, and investors a better grasp of where lasting value is generated.
The post iGaming Select launches initiative to champion product and tech innovation appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Booming Games
Booming Games releases 64 Nuggets Hold and Win
Booming Games, a leading provider of premium gaming content, has unveiled 64 Nuggets Hold and Win, a thrilling new slot where players can dig for glittering treasures. Featuring a 5×5 grid and 30 fixed paylines, the game offers an impressive maximum win potential of 10,000x. Set in a mysterious gold mine with a distinctive art style, 64 Nuggets Hold and Win promises high-stakes excitement for players chasing big wins.
The game’s Gold Rush Respins feature elevates the action, locking winning symbols in place while the reels continue to spin. As symbols accumulate, multipliers can appear to boost payouts, keeping gameplay engaging and rewarding.
Adding further intensity, the Boom Blitz Hold & Win feature grants three respins and offers coin prizes of up to 1,000x. Special Boom Blitz symbols can either expand the grid to 8×8 or increase coin values up to 5x, raising the maximum win potential to a staggering 10,000x. Players can trigger this feature by landing five or more Cash Coins or by filling the Cart Collection Pot.
“Packed with stunning visuals, dynamic features, and powerful modifiers, 64 Nuggets Hold and Win delivers non-stop action,” said Craig Asling, Director of Games at Booming Games.
“Players can chase golden rewards on every spin, while the Boom Blitz Hold & Win feature keeps excitement high and engagement strong. It’s a thrilling experience we’re proud to bring to our audience.”
64 Nuggets Hold and Win is now live and ready for players seeking their next big jackpot adventure.
The post Booming Games releases 64 Nuggets Hold and Win appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Energy Roulette
ENJOY unveils next-generation hybrid live experience Energy Roulette: Hold & Win
ENJOY, the innovative iGaming content developer, has expanded its Live portfolio with the launch of Energy Roulette: Hold & Win, a next-generation hybrid that blends classic live roulette with electrifying Hold & Win slot mechanics.
The game refreshes the timeless 37-cell roulette experience by adding two to seven randomly selected Lucky Numbers on each spin, each capable of triggering the Bonus Game for an extra layer of excitement.
At the heart of Energy Roulette lies a fully integrated 3×3 Hold & Win slot bonus, activated when the ball lands on a Lucky Number. Players begin with three spins, collecting Energy Balls and Jackpot Symbols worth 5x to 500x, alongside suspense-building Mystery Symbols. Each symbol locks in place and resets the spin counter, with a full grid triggering a 2x multiplier across all collected values.
The bonus feature also offers jackpot rewards of up to 4,000x, adding significant big-win potential for players seeking high-stakes thrills.
With its sleek, modern design and seamless fusion of roulette and slot-style gameplay, Energy Roulette: Hold & Win reinforces ENJOY’s commitment to pioneering hybrid live casino experiences.
“Energy Roulette: Hold & Win represents our vision for the future of live casino – classic gameplay elevated with the excitement and rewards of slot features,” said Tomass Dimza, Live Casino Product Owner at ENJOY Gaming.
“By embedding a full 3×3 Hold & Win bonus into live roulette, we’re giving players something familiar, but with a completely new level of engagement.”
The post ENJOY unveils next-generation hybrid live experience Energy Roulette: Hold & Win appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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