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Noun. gathering where both male and female participants engage in a variety of sexual and monoganous activity. The ultimate slug fest is when anuses are involved and a minimum of double penetration is generally required.

"Jim, Jim's friends, jane, and jane's friends engaging in group sex while influenced by alcohol."

"They'll be lot's of spreading out our slug fest, should I sign you up for one hole or two?"

"Would you like to partake in our slug fest?"
slug fest by Mike_7272727 July 28, 2008
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Des Moines Slug Fest 

When two large people get into a fight over the last piece of Iowa sweet corn.
After Jedediah finished his work for the day, he drove down to watch the Des Moines Slug Fest.
Noun
In mma fight, boxing/kickboxing both fighters simultaneously exchange strikes with fist until someone gets knocked out.
watch clay guida and diego sanchez fight. its a slugfest

watch kimbo slice beat up people in backyards. its a slugfest
According to George Carlin, Slugfest is a festival which is held once a year. 100 000 macho muscle men are gathered and are put inside a big 17-acre dirt arena. For 24 hours non-stop they beat the shit out of eachother, no food or water, they are only given whisky and PCP. When there is one left standing, he is put on a pedestal and shot in the head.
Mikey went to slugfest and got a whisky bottle with PCP in it shoved up his ass.
Slugfest by jambabeer July 22, 2009
An annual corporate event held on a weekday in which drinking commences at 9:00AM sharp, and continues until 5:00PM.

Violators of undocumented rules will be arbitrarily written up according to their role in the company's hierarchy. Known violations include: showing up late, informal dress, and failure to eat the required amount of cheesies off of the floor in the specified time.

Violations are addressed with a minimum of 1.5oz of the least desirable liquor in the room.
Pod's informal dress at the first annual Slugfest warranted a shot of Grappa, resulting in violent vomiting at 9:01AM.
Slugfest by kev_g December 9, 2008
When someone sends a dick pic in the group chat
Dude, remember when Jake sent his dick in the chat? Damn, that sure was a slugfest.
slugfest by octopuslights April 9, 2015

Tulsa Slugfest 

when you and all your friends get naked, cover each other in Vaseline or lube, and squirm around in a bathtub together
Friend 1: hey man, sorry I couldn't make it to the party
Friend 2: no worries, but you did miss out on the Tulsa Slugfest we had
Friend 1: oh so sorry about that, but I didn't have any Vaseline so I couldn't have taken part
Tulsa Slugfest by battlesalmon April 21, 2021