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L&W’s Dragon Train Slots First in North America

Posted on June 4, 2024June 4, 2024

Casino equipment and gaming technology provider Light & Wonder said its “dragon train” slots (pictured) have been installed at several casinos across the U.S., including Nevada.

“Dragon Train has become the fastest-selling light-and-wonder game in the Australian market since its launch in 2023,” it said in a press release on Friday.

Light & Wonder introduced the title to the gaming category in August. The company noted that it was “specifically developed with Australian players and customers in mind.”

“The popularity and performance of the game in Australia has set the stage for a highly anticipated U.S. presence,” the company said in a Friday announcement. The title is available at venues in Nevada, California, Kansas and Minnesota, it added.

The release quoted Nathan Drain, chief product officer for gaming, as saying, “Light and Wonder is excited to offer players in the U.S. the opportunity to enjoy Dragon Train with four exciting titles featuring experience-enhancing gaming components.”

He added: “We are encouraged by the phenomenal success in Australia and are confident it will resonate equally with US operators and athletes.”

The Dragon Train, offered in the company’s Cascada dual-screen cabinet, has several “innovative features,” including “hold-and-spin capabilities, new sticky reels, and cache cluster gaming capabilities,” the gaming provider said.

The theme started with four titles: “Chirin wins,” “Kutulun Battle Princess,” “Sunshot,” and “Eternal Emperor.”

Light & Wonder also said it plans to launch Dragon Train titles across the group’s social and iGaming platforms and “make them available to all players.”

In January, JPMorgan Securities said it expected Light & Wonder to “exceed” its $1.4 billion annual revenue target by 2025, before interest, taxation and depreciation costs (EBITDA).

The land-based gaming division will be a “key driver” for Light & Wonder’s EBITDA growth, according to the brokerage.

“The early performance of the new Dragon Train gaming suite [in Australia] demonstrates good early execution,” the brokerage observed.

“The recent gaming suite in Australia gives us confidence in where the company should go to achieve similar growth in a much larger U.S. revenue pool,” JPMorgan analysts said, adding that the new title helped boost light-and-wonder’s average turnover ratio in NSW and Queensland in Australia.

Light & Wonder completed its secondary listing on the Australian Stock Exchange in May last year. The company’s main listing remains on the Nasdaq in the United States.

BY: 에볼루션 바카라사이트

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