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Light & Wonder Set To Deliver Players An Out Of This World Experience With 2022 Flagship Game Release “Stargate Megaways”
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Scientific Games Corporation, operating as Light & Wonder, has launched a new slot game titled Stargate Megaways, inspired by MGM's iconic sci-fi franchise. This 6-reel game features innovative mechanics, including a unique winning trail and various modifiers that enhance gameplay. Light & Wonder's VP, Rob Procter, emphasizes this as a flagship release, aimed at solidifying their position in the gaming industry. The Stargate franchise boasts significant cultural impact, with extensive media history and over 56 million DVD sales, promising to attract a diverse audience.
Positive
Launch of Stargate Megaways expands product offerings and leverages a popular franchise.
Innovative game mechanics such as modifiers and free spins could increase player engagement and retention.
Partnership with MGM enhances brand visibility and market appeal.
Negative
None.
MGM’s Iconic Sci-Fi Fantasy Franchise Injects Fresh Life into the Megaways Genre
LAS VEGAS--(BUSINESS WIRE)--
Scientific Games Corporation, doing business as Light & Wonder, (NASDAQ: SGMS) (“Light & Wonder,” “L&W” or the “Company”) is inviting players on an unforgettable intergalactic adventure in its latest title Stargate Megaways.
The first game to be released on OpenGaming™ under the new Light & Wonder name, this ambitious 6-reel slot is based on MGM’s legendary sci-fi fantasy film Stargate, boasting imagery and characters from the famous franchise, as well as some truly innovative features and mechanics.
Stargate has become a cultural phenomenon, capturing the imaginations of sci-fi lovers and inspiring legions of fans around the world. The Stargate franchise includes three TV series, three films, an animated series and a web series. More than 56 million Stargate DVDs have been sold as well. Living well beyond the screen Stargate has found its way into games, comic books, trading cards and more and more. The hit TV series, Stargate SG-1, celebrates its 25th anniversary in 2022.
In Stargate Megaways, players are tasked with working their way up a Stargate trail every time they register a consecutive win, unlocking modifiers and one of three free spins rounds. When the fifth segment of the trail is reached a random modifier will be activated, which boosts their chances of triggering up to seven free spins.
Modifiers include random wilds, wild reels, expanding reels, mystery symbols and regenerate, which clears the game grid and sees a re-spin occur with the same number of Megaways in place.
Should the seventh, eighth or ninth segment be reached, Star Coordinates will align, allowing players to step through the gate into distant worlds as they are awarded between five and seven free spins featuring lucrative modifiers.
In permitted markets, for a cost of between 32x and 126x their bet, players can gain instant access to a modifier or free spin round, should they wish to bypass the base gameplay.
Rob Procter, Vice President of Game Development at Light & Wonder said, “Not only is Stargate Megaways Light & Wonder’s flagship release as a new brand, but it’s also set to be our most revolutionary. We’ve flipped the concept of a Megaways slot on its head, this game is nothing like you’ll have played before from a Megaways title and we think it’ll prove to be a big hit.
“Stargate has been going for almost 30 years now and there are still people of all ages that love the franchise, so we’re incredibly excited to bring it to a new medium. Light & Wonder has great ambitions to solidify itself as the leading cross-platform global game company, and releasing a slot that’s truly out of this world is the right way to go about that.”
Robert Marick, EVP Global Consumer Products at MGM said, “Stargate continues to resonate around the globe and through this partnership with Light & Wonder, we are able to bring this incredibly popular series to fans in a fresh and exciting way. We’re looking forward to seeing the debut of the Stargate Megaways 6 reel slot game.”
Scientific Games Corporation, doing business as Light & Wonder, is the global leader in cross-platform games and entertainment. The Company brings together over 5,000 employees from six continents to connect content between land-based and digital channels with unmatched technology and distribution. Guided by a culture that values daring teamwork and creativity, the Company builds new worlds of play, developing game experiences loved by players around the globe. Its OpenGaming™ platform powers the largest digital-gaming network in the industry. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.
About Metro Goldwyn Mayer
Metro Goldwyn Mayer (MGM) is a leading entertainment company focused on the production and global distribution of film and television content across all platforms. The company owns one of the world’s deepest libraries of premium film and television content as well as the premium pay television network EPIX, which is available throughout the U.S. via cable, satellite, telco and digital distributors. In addition, MGM has investments in numerous other television channels, digital platforms, and interactive ventures and is producing premium short-form content for distribution. For more information, visit www.mgm.com.
Forward-Looking Statements
In this press release, Scientific Games makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the “SEC”), including Scientific Games’ current reports on Form 8-K, quarterly reports on Form 10-Q and its upcoming annual report on Form 10-K that will be filed with the SEC on March 1, 2022 (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 the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
