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Stakelogic makes a big splash with new Marlin Catch slot
Software provider’s latest game gives players the chance to reel in a Free Spins fortune
Stakelogic, the hotshot software providers behind recent hits Pyramid Strike and Candyways Bonanza 2 MegawaysTM, is inviting players to grab their tackle box and set out on an exciting new underwater adventure in Marlin Catch.
Played out on a 5×3 reel matrix that features 10 fixed paylines, this fun, fishing-themed slot sees players attempt to reel in a maximum prize of 25,000x their stake with the help of Free Spins and sticky wilds, while a classic gamble feature is also available to help them boost their base game wins.
Set to a backdrop of deep blue seas, the game challenges players to seek out the elusive marlin by matching a series of high value icons that include lures, fishing rods, corals and lifebuoys. These unique symbols can all appear as full reel stacks, making it far easier for players to hit multiple payline wins.
In addition to its regular base game symbols, Marlin Catch also boasts substitute wilds and scatters; both of which combine to great effect in the slot’s main bonus feature. Activated whenever three, four or five scatter symbols appear in a single spin, players will be rewarded with 10, 15 or 20 Free Spins respectively as they’re transported to a new set of reels that hold even greater prize potential.
When the feature begins, the reels will plunge deeper beneath the waves as the background darkens and glowing lights illuminate the screen. Now any wild symbols that land during Free Spins will stick in place for the next round, with a subsequent wild also increasing the multiplier value of all previously held wilds. In this manner, it’s possible to boost the multiplier of all sticky wilds up to an incredible 7x.
Should no subsequent wilds appear on a spin, the multiplier value of all previously held wilds will decrease by one or become non-sticky on the next round if all multipliers have already been removed.
During the Free Spins, an additional “collection bar” will also appear above the reels. This bar will fill up by one space whenever the new collector symbol appears anywhere in view, with Free Spins being re-triggered every three spaces. Not only that, but each time the feature is re-triggered, players will benefit from an additional multiplier on all subsequent wins that can increase their prize by up to 10x.
As a final hook for players, Free Spins can be purchased directly using the Buy Bonus option and all wins can be boosted in Marlin Catch’s gamble feature. In the latter mini-game, players will be asked to guess the colour or suit of a card, with correct picks doubling or quadrupling their win respectively.
Olga Bajela, CCO at Stakelogic said: “Boasting Free Spins, sticky wilds and maximum wins of up to 25,000x the selected stake, we think our new Marlin Catch slot is really going to make a splash with players – the only trouble is, they’re going to need a bigger boat to reel in all those multipliers!”
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BOS, The Swedish Trade Association for Online Gambling, has been in dialogue with the SGA, The Swedish Gambling Authority, for almost a year now, about how the Swedish licensed market may offer new gambling products to consumers more quickly and with better regulatory certainty. There is some regulatory uncertainty surrounding new games and the possibility of including them in the Swedish licensed market. BOS believes that it is of great importance that this can happen, not least in competition with the unlicensed gambling market, which does not wait for approval from the SGA but immediately introduces new games as they are created and offered to gambling companies. That speed must also be offered to the legally licensed gambling companies, according to BOS.
“The pace of innovation in the gambling industry is high and it is very important that the licensed gambling market can quickly offer consumers new attractive games. We hope that with our dialogue with the SGA and the letter we are sending them today, we can take a big step in the right direction. We want new attractive gambling products with regulatory certainty to be quickly included in the legal license market”, says Gustaf Hoffstedt, Secretary General BOS.
The post BOS sends letter to the SGA about new gambling products appeared first on European Gaming Industry News.
Adam Greenblatt Chief Executive Officer of BetMGM
BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASE
BetMGM LLC jointly owned by MGM Resorts International and Entain plc, is providing an update on its Second Quarter 2025 (“2Q 2025”) and First Half 2025 (“1H 2025”) performance.
- Strong 2Q and 1H performance as BetMGM’s ongoing strategic execution drives strong and profitable growth
- 2Q Net Revenue up 36% YoY and EBITDA of $86 million (up $78 million YoY)
- 1H Net Revenue up 35% YoY and EBITDA of $109 million (up $232 million YoY)
- Leading iGaming offering and enhanced player engagement delivered 2Q revenues +29% (1H +28%) with strong growth in player volumes and activity
- Strong Online Sports performance with 2Q revenues +56% (1H +61%) driven by refined player marketing and management and strengthened product
- Upgrade to FY25 guidance and increased confidence in path to $500 million EBITDA in coming years
- Expect FY25 Net Revenue of at least $2.7 billion and EBITDA of at least $150 million1
Adam Greenblatt, Chief Executive Officer of BetMGM, commented: “BetMGM has seen a strong first half of the year, delivering significant revenue and EBITDA growth that is underpinned by the ongoing execution of our strategic plan. The momentum we have built since the second half of 2024 accelerated through the first half of 2025. Our iGaming business continues to deliver new records as we showed why BetMGM is the go-to destination for all players, and in Online Sports, our refined player targeting and management capabilities have driven strong engagement and player KPIs across the board. BetMGM is healthier than it has ever been, a testament to the hard work of our teams and colleagues across the business. Our stronger than expected performance through 1H 2025 positions us well for the rest of the year, reinforcing our confidence in the future and the many opportunities ahead.”
Key Financial Highlights
|
2Q and 1H 2025 BetMGM Financial Summary1,2,3 |
|||||||
|
$ millions, unless otherwise noted |
2Q 2025 |
YoY Change |
1H 2025 |
YoY Change |
1H 2024 |
||
|
Net Revenue |
|||||||
|
iGaming |
$449 |
+29 % |
$891 |
+28 % |
$695 |
||
|
Online Sports |
$228 |
+56 % |
$422 |
+61 % |
$262 |
||
|
Handle4 |
$3,427 |
+25 % |
$7,515 |
+27 % |
$5,914 |
||
|
GGR Hold % |
9.8 % |
+40bps |
8.9 % |
(10)bps |
9.0 % |
||
|
NGR Hold % |
6.6 % |
+130bps |
5.6 % |
+120bps |
4.4 % |
||
|
Retail / Other |
$16 |
(5) % |
$36 |
(15) % |
$42 |
||
|
Total Net Revenue |
$692 |
+36 % |
$1,349 |
+35 % |
$999 |
||
|
Contribution |
$191 |
+$88 |
$307 |
+$241 |
$66 |
||
|
EBITDA |
$86 |
+$78 |
$109 |
+$232 |
($123) |
||
|
Average Monthly Actives (thousands)5 |
901 |
+7 % |
984 |
+6 % |
926 |
||
2Q/1H Financial Highlights
- 1H Net Revenue of $1.35 billion, +35% YoY delivering 1H EBITDA of $109 million (up $232 million YoY)
- 2Q Net Revenue of $692 million, +36% YoY with continuing momentum and strong underlying growth
- iGaming Net Revenue of $449 million, +29% YoY, driven by leading offering with exclusive content, differentiated engagement tools and enhanced player management
- Online Sports Net Revenue of $228 million, +56% YoY, reflecting strengthened product and refined engagement
- Average Monthly Actives +7% YoY
- 2Q EBITDA of $86 million (up $78 million YoY) underpinned by positive contribution from both iGaming and Online Sports
- Secured stabilized 14% GGR market share in active markets with iGaming (22%) and Online Sports (8%), further cementing BetMGM’s podium position in the market6,7
- $150 million revolving credit facility remains undrawn with no further capital from parent companies expected
Operational highlights
- Market leading iGaming offering
- Continued investment behind leading iGaming business to acquire and retain a broader pool of players at attractive payback periods
- Strong player volumes and engagement KPIs underpin 1H outperformance
- 1H Average Monthly Actives +38% and Active Player Days each month +34%8
- Attractive player economics supported by:
- Exclusive and unparalleled library of content including The Wizard of Oz, Price is Right and Family Feud
- Creative player engagement tools improved active player days and 2025 cohort retention
- Further investment in live dealer business
- Improved targeting and showcasing of promotions to cross-sell Online Sports and iGaming players in our multi-product states
- Strengthened Online Sports product and enhanced player engagement approach
- Significant growth in Online Sports demonstrates successful brand repositioning, player acquisition and management, alongside ongoing product improvements
- Focused “premium mass” approach and enhanced CRM delivering a more engaged and higher quality player base
- 1H Handle per active +34% and NGR per active +70%9
- 1H Active Player Days +14% with +24% more Bets per active8,9
- 1H NGR margin improvement of +120 bps YoY
- Strengthened product with broader offering and parlay capabilities, plus enhanced UX navigation and app speed
- Unlocking differentiated omnichannel opportunities
- Growing flywheel benefits from Nevada omnichannel position with launch of flagship app and nationwide digital wallet
- Improved integration across omnichannel touchpoints supports efficient acquisition and retention funnel offering unique player experiences
- 30% growth in NV monthly actives in 1H; 4x increase in number of NV actives continuing play in home state in 1H10
- Omnichannel game titles and differentiated live dealer offering provide BetMGM exclusive experiences
- c50% of BetMGM’s Top 20 grossing slot titles are omnichannel games, including recently launched titles from The Wizard of Oz franchise11
- Growing flywheel benefits from Nevada omnichannel position with launch of flagship app and nationwide digital wallet
Outlook
- BetMGM’s performance in 2Q and 1H 2025 provides increased confidence in the long-term profitability and opportunities for the business
- Stronger than expected second quarter supports further upgrade to FY25 guidance12:
- Net Revenue guidance of at least $2.7 billion
- EBITDA guidance of at least $150 million
- Secured podium position in a large and growing total addressable market with increasing operating leverage benefits, reinforces our confidence in delivering EBITDA of $500 million in the coming years
The post BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASE appeared first on Gaming and Gambling Industry in the Americas.
Anna Mackney Head of Regional Sales US at Play’n GO
Play’n GO Announces North American Operator Partnership with Caesars Entertainment
Play’n GO, a leading casino entertainment provider, has announced a new U.S. operator partnership with Caesars Entertainment.
The partnership brings Play’n GO titles such as Buildin’ Bucks, Piggy Blitz, and Reactoonz online across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino in Ontario, Michigan, Pennsylvania, New Jersey, and soon in West Virginia.
This partnership marks another significant milestone in Play’n GO’s growing U.S. footprint, highlighting the company’s commitment to delivering world-class entertainment to players across the country, where it is now licensed in six states.
Anna Mackney, Head of Regional Sales US at Play’n GO: commented: “The Caesars brand is synonymous with world-class gaming and entertainment in North America, and it’s an exciting time for our business to announce this partnership. Our mutual commitment to high-quality entertainment and responsible gaming makes them the perfect partner for us as we mark this latest milestone on our U.S. journey.”
Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital added: “Bringing Play’n GO’s popular titles live on our platforms is a win for our players. We’re committed to continuously making strides in building out our portfolio of titles on our online casino platforms and we’re thankful to bring another great partner like Play’n GO into the fold to make that happen.”
The post Play’n GO Announces North American Operator Partnership with Caesars Entertainment appeared first on Gaming and Gambling Industry in the Americas.
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