Forest Tale

How to play Forest Tale

“Publicly traded valuations are a reflection of the current interest rate environment,” Chad Beynon, lead gaming analyst for Macquarie, told iGB. “Whether it’s a long-term financial model on a growth company, you’re going to discount that back at a higher rate, or if it’s just a standard four-wall business, the cash flows in a higher interest rate environment are worth less.”

According to data from Yahoo Finance, the resort and casino sector is -41% over the last five years, and the overall gambling sector, which includes major sportsbooks and online operators, is +7%; the benchmark S&P 500 index, by comparison, is +71% during that span.

Two blockbuster developments in the casino space earlier this year seemed to indicate an increasingly bullish bet on the sector, including Fertitta Entertainment’s acquisition of Caesars Entertainment in May. The other is a subsequent takeover offer of MGM Resorts from its largest shareholder, Barry Diller’s People Inc. But a negative shift in market conditions could affect both deals.

About Forest Tale

The most useful hook for slots readers isn’t the fruit-and-sevens dressing. It’s the way Flaming Streaks structures its payouts. Both of the game’s core features are designed to guarantee a win, and that approach shapes the entire proposition.

The Streak Spins round awards eight spins in which every spin lands a paying result, with wilds extending the round. The second feature is a Fiery Jackpots bonus. It collects scatter activity in a treasure chest that can trigger a coin-based round revealing one of four fixed prizes, topping out at a 1,000x Mega.

Push Gaming is targeting players who value pace and predictability

What is Forest Tale?

George Papanier has taken on Mircheva’s role as CFO on an interim basis. Papanier will continue in his current roles as Bally’s president and a member of its board of directors.

Papanier has over 40 years of experience in the gaming industry, previously serving as CEO between February 2011 and October 2021 having first joined the company as COO in 2004.

Bally’s CEO Robeson Reeves thanked Mircheva for her contribution and expressed confidence in Papanier’s ability to ensure continuity during the transition.