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Holland gives Green Light for Online Gambling

Positive news coming out of Holland yesterday ( Tuesday, 19th Feb 2019 ), as the Dutch government gave the green light to regulate and legalise online gambling....Continue Reading
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Gold Rally Jackpot was hit today (1.76 million $)

Discussion in 'Online Casinos' started by nektar4d, Jan 13, 2006.

    Jan 13, 2006
  1. nektar4d

    nektar4d Dormant account

    Occupation:
    sales
    Location:
    European Union
    at about 1,760,942 usd! :notworthy

    I was wondering, how do the casinos pay such amounts?
    By monhtly installments?
    Is it just the casino that pays or also the software manufacturer? (in this case Playtech)
    Anyone knows at which casino it was hit?
     
    nektar4d, Jan 13, 2006
    #1
    2. Jan 13, 2006
  2. tim5ny

    tim5ny Quit Gambling

    I'm not the one who hit that jackpot in case you were wondering.
     
    tim5ny, Jan 13, 2006
    #2
    3. Jan 13, 2006
  3. chuchu59

    chuchu59 gambling addict CAG PABnonaccred

    Occupation:
    EXECUTIVE
    Location:
    SOMEWHERE IN ASIA
    I think Playtech will pay the full sum in a single payment. As for which casino it is,you can look for it within the next 24 hours at winajackpot.com. All the info related to playtech progressive jackpots are listed there.
     
    chuchu59, Jan 13, 2006
    #3
    4. Jan 13, 2006
  4. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    Each casino pays "progressive" royalties from each spin on a PJ game to the s/ware provider. When the Jackpot is hit, the S/ware provider usually (as i understand it) funds the casino the full amount which they then pay out -correction, should pay out - in one hit!

    I seem to remember an instance not too long ago where a casino tried to pay the player in installments, despite claims the s/ware provider had paid them the full amount.

    Simmo!
     
    Simmo!, Jan 13, 2006
    #4
    1 person likes this.

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