Scientific Games Enhances Licensing Partnership With Hasbro for New MONOPOLY Utility Trails Release
New branded title further strengthens Hasbro gaming partnership
LAS VEGAS – March 18, 2021 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) has launched its Hasbro-branded blockbuster game MONOPOLY Utility Trails, further boosting its long-term brand licensing partnership with Hasbro, Inc. (NASDAQ: HAS).
Produced by Scientific Games’ in-house studio, the new MONOPOLY title follows on from the recent release of CLUEDO Cash Mystery, which enjoyed a strong launch earlier this year.
The latest title from Scientific Games incorporates familiar landmarks and symbols associated with the globally recognized board game, with the gameplay centered on the two utilities, Water Works and Electric Company.
With a top prize of 250,000x on offer, the online grid slot utilizes cluster mechanics and players are tasked with collecting 15 bonus symbols to trigger bonus rounds that are themed to the game’s iconic utility properties.
The exciting base game is packed with potential, featuring Wild Tracks that link up Wild symbols on the same row. Making a square with Wild symbols in each corner of the grid will trigger the huge Off The Rails Jackpot for maximum reward. There is also the classic Community Chest that hands out prizes, with players picking up solid wins even if they only manage to win second place in a beauty competition.
MONOPOLY Utility Trails is the latest product to be developed from the strong partnership between Scientific Games and Hasbro that extends back to 1998. An exclusive deal was signed in 2018 for the exclusive use of the prestigious MONOPOLY brand and 15 other iconic games, running through to 2025.
Mark Blecher, SVP Corporate Strategy and Business Affairs at Hasbro said: “Our long experience partnering with Scientific Games has showed us that this is a company dedicated to producing gaming entertainment that pushes the boundaries while staying faithful to our iconic brands. The MONOPOLY brand is the most iconic of all and it’s a delight for us to see a cherished brand globally inspire such an innovative gaming experience that we are sure players will love.”
Rob Procter, Content Specialist Director, Digital at Scientific Games said: “MONOPOLY remains one of the most popular game brands in the world and we thoroughly enjoyed working alongside Hasbro in delivering this innovative new title. Our OpenGaming™ proposition really springs to life with the MONOPOLY brand, and MONOPOLY Utility Trails typifies everything we are about in terms of game releases this year. Our in-house team has produced a slot that has a great front end, striking artwork and as ever, a strong set of responsible gaming features. The Cluster pays mechanic has great potential and this is a slot we are certain will be enjoyed by players seeking a new, feature-rich experience that builds on the success of a timeless classic.”
About Light & Wonder, Inc.
Light & Wonder, Inc. (formerly known as Scientific Games Corporation), is the global leader in cross-platform games and entertainment. The Company brings together 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.
In this press release, the Company 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 the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K that was 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 the Company’s ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.