While gambling itself presents a risk to the player, licensed slot games are a business-savvy sure bet for brands looking to strategically boost revenues.
Whether online or inside a bustling casino, consumers flock to the games that pay homage to their favorite brands, artists and properties.
When you walk into a casino, you might happen upon a “Game of Thrones,” Titanic, Elvis, “The Walking Dead” or Britney Spears-branded slot game. And chances are, if you’re a fan, you’ll fork up some cash and play. Just as Black Sabbath fans will likely sink their proverbial teeth (yes, that was a bat-biting reference) into the upcoming online Ozzy game. If brand-appropriate, these deals have proven to be a major money-maker.
In 2017, Madonna inked a $10 million licensing deal
The Hollywood Reporter.
Along those same lines, Hollywood studios can rake in anywhere between $1 million to $20 million via licensed slot deals, according to THR, who cited gaming analyst Todd Eilers.
Ever since “Wheel of Fortune” paved the way for branded slots decades ago, the trend has grown continually with no end in sight. And it would be wise for certain brands to cease the opportunity and hit the reels.
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