Light & Wonder has launched the second installment of its popular "Wizard of Oz" online casino slot. "Follow the Yellow Brick Road"is the second high-end "Wizard of Oz" title available only at BetMGM Casino.
Key Takeaways
BetMGM has launched the "Follow the Yellow Brick Road" slot, exclusive to four North American markets.
The company has updated FY 2025 guidance projects at least $2.6B revenue, $100M EBITDA
Hot on the heels of the success of "The Wizard of Oz – Over the Rainbow," launched in April, the new game cements the brand's position within the online casino arena.
The latest release transports players down the Yellow Brick Road with Dorothy, the Tin Man, the Cowardly Lion, and the Scarecrow on five reels and 40 lines. The slot offers expanding wilds, a bonus game with multiple jackpots, and interactive bonuses.
BetMGM upped its fiscal year 2025 financial estimate, citing continued strength in iGaming and online sports revenue. The upward revision follows positive trading up to and including June 13 and Entain plc's statutory regulatory market notice.
The firm announced that the 34% year-on-year net revenue growth it experienced during Q1 2025 has carried over into Q2 based on increased betting handle and broader user engagement. BetMGM has thus updated its full-year net revenue estimate to a minimum of $2.6 billion from its previous estimate of $2.4 to $2.5 billion.
EBITDA is currently anticipated to be at least $100 million, better than the prior guidance of a positive result. The company reaffirmed that its online sports segment contributions are estimated to be positive for the year, supplemented by strong returns from its iGaming segment. The upgraded guidance indicates increasing confidence in BetMGM's strategic direction and operating performance.
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