What happens to the progressive jackpot when a casino group closes it's doors?

[binshakindown]

I am just wondering, since the progressive jackpot is around $1.5 million at English Harbor Group. Given these tough times, could it be worth closing shop for $1.5 big ones, rebrand or rename, so when the time comes that foreign on-line casinos are allowed into the US market, they are good to go. Oh well...I am just wondering, not that it really even matters.

[pinkfloyd]

doesnt the main server/supplier run the jackpots ? ie they pay the casino if a jackpot is hit ? not sure tho , sorry for adding more confusion lol

[binshakindown]

doesnt the main server/supplier run the jackpots ? ie they pay the casino if a jackpot is hit ? not sure tho , sorry for adding more confusion lol

So, is (soon to be was) the English Harbor group the same as Vegas Tech? And if so, I thought the whole thingy was going down, meaning they were all calling it quits. Could be wrong though.

[Nifty29]

Good question.

Maybe Bryan could ask their people?

[chayton]

They're going to send it to me! (I wish)

Well that's a good question if all the casinos are going away. If there's even one casino remaining open then the progressive will still be active....if not....?

[KasinoKing]

So, is (soon to be was) the English Harbor group the same as Vegas Tech? And if so, I thought the whole thingy was going down, meaning they were all calling it quits. Could be wrong though.

I got the impression that all Vtech casinos were closing...?
But even if it's not, it would still be unfair for the progressive contributions from USA players at the English Harbour Group Casinos to be given out to players at other casinos, when those American players who have contributed would have ZERO chance to win the progressives.

It's a complicated issue, and a VERY good question!

KK

[P.V.]

Good question.

Maybe Bryan could ask their people?

It's my understanding that software operators pay progressive jackpots at land based casino's and I've read where the same happens online.

This shouldn't be a problem.

[Nifty29]

It's my understanding that software operators pay progressive jackpots at land based casino's and I've read where the same happens online.

This shouldn't be a problem.

....except that it isnt their money for the most part. It has been created by player contributions, hence the concern that someone just gets to keep it.

[P.V.]

....except that it isnt their money for the most part. It has been created by player contributions, hence the concern that someone just gets to keep it.

I agree Nifty, it's not their money and therefore the player should receive the progressive regardless of any one particular site closing.

[jetset]

This is a good question, and as KK points out, even if the EH operation in the UK is still operating, and the progressive jackpot was transferred to it, this would still prejudice US players.

I still cannot believe that this company has not issued a clarifying statement advising the industry and the public at large on its intentions, and the future of Vegas Tech, which is widely believed to be part of the EH interests.