PR: €6,9055,670.81 win on Microgaming's Progressive Jackpot Network

Casinomeister

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15th April 2016

€6,9055,670.81 win on Microgaming's Progressive Jackpot Network


ISLE OF MAN
– Microgaming announces another epic win on its progressive jackpot network, which is the largest in the industry having paid out over €574 million to date.

On Friday 8th April 2016, a Spin Palace player hit the Mega Moolah jackpot, taking home an astonishing €6,905,670.81. As with all Microgaming's progressive wins, the windfall will be paid out to the player in a lump sum.

"It is always an incredible feeling to have one of our players become an instant millionaire. On behalf of everyone at Spin Palace, a massive congratulations to our winning player on their near €7 million fortune," a Spokesperson from Spin Palace commented.

Microgaming made headlines in October 2015 when Betway UK player Jon Heywood won the GBP equivalent of €17,879,645.12, playing Microgaming's Mega Moolah. That win set a GUINNESS WORLD RECORDS title for the "Largest jackpot payout in an online slot machine game".


John Quinn, Head of Casino at Microgaming, said: "It's not long since we were celebrating our historic and record-breaking win. To be able to crown another millionaire so soon after is brilliant - congratulations to the lucky Spin Palace player."

Ends

For further information please contact:


Microgaming Press Office

01624 647777

pressoffice@microgaming.co.uk

About Microgaming (microgaming.co.uk)


Microgaming developed the first true online casino in 1994. It has been breaking records, breaking new ground and breaking its back in pursuit of original gaming ever since. Developer of thousands of unique, genre-defining casino, mobile, poker, bingo, land-based and multiplayer games, and a pioneer in virtual and wearable gaming, the software giant hosts the world's largest progressive jackpot network. Its products include Live Dealer, Sportsbook, Business Solutions and Quickfire. Microgaming is an award winner. A millionaire maker. The father of player protection and responsible gaming. And through Microgaming PlayItForward, it is a pillar of its local community on the Isle of Man.

 
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Casinomeister

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Just a note - you do notice they are paying this in one lump sum which is something you would expect. There are numerous Playtech casinos that will not do this. They will piecemeal these jackpot payments over decades. :eek2:

Congrats to the player - that's a definite life changing win. :thumbsup:
 

interlog

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Is it known with what stake this jackpot was won?

From my own perspective (other than beginners luck with two quick £100 jackpot wins), I find it very difficult to trigger the bonus wheel with £0.50 spins :what:
 

rshkrn

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wow huge :thumbsup: to whoever that is.....would be interesting to know the stake
 

geordiecolin

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As I am down to the felt on this weeks gambling stack I am off to buy half a lottery ticket with my remaining quid in the hope of getting three numbers up
 

geordiecolin

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Just a note - you do notice they are paying this in one lump sum which is something you would expect. There are numerous Playtech casinos that will not do this. They will piecemeal these jackpot payments over decades. :eek2:

Congrats to the player - that's a definite life changing win. :thumbsup:

That's a disgrace because as I understand it the casino that the jackpot is won at do not pay the winnings out of their own pocket but receive it from pooled money that had been accrued specifically for that purpose? So they are "illegally?" banking the full jackpot and effectively paying out to the winner from the interest they gain from it?
 

lotusch

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Congratz to the winner..
These are the wins we all dream about.. :cool:

I play these MGS JP slots from time to time but not loads as a big chunck of the RTP goes to the JP funds.
Mostly 0.75 cent bets and I only triggered that wheel once and it gave me the lowest JP value,something like 11.00. :)

I think you have to bet really high stakes to be able to trigger the wheel more often.
 

jetset

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That's a disgrace because as I understand it the casino that the jackpot is won at do not pay the winnings out of their own pocket but receive it from pooled money that had been accrued specifically for that purpose? So they are "illegally?" banking the full jackpot and effectively paying out to the winner from the interest they gain from it?

The best party to ensure that the jackpot is paid out in full and at once is surely the software provider running the progressive system at the casino where the player hit the jackpot...unfortunately that does not appear to be an imperative with Playtech and others that allow this disgraceful player-unfriendly practice to carry on.
 

Casinomeister

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The best party to ensure that the jackpot is paid out in full and at once is surely the software provider running the progressive system at the casino where the player hit the jackpot...unfortunately that does not appear to be an imperative with Playtech and others that allow this disgraceful player-unfriendly practice to carry on.

I spoke with a Playtech spokesperson about this and they said their responsibility stops when they have paid the amount into the player's account. Once it is there, then it's the casino's responsibility to pay the player how they see fit - the old mantra "we're just the software provider" is in effect here.

Microgaming's sense of responsibility is a bit higher than that - they will ensure that the full amount is promptly paid to the player. No bullshit there.
 

jetset

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I spoke with a Playtech spokesperson about this and they said their responsibility stops when they have paid the amount into the player's account. Once it is there, then it's the casino's responsibility to pay the player how they see fit - the old mantra "we're just the software provider" is in effect here.

Microgaming's sense of responsibility is a bit higher than that - they will ensure that the full amount is promptly paid to the player. No bullshit there.

That sort of response from Playtech is in my view irresponsible...especially since they have been informed that some of their operators are player-abusing their progressive system by only paying jackpots in small increments or - in at least one well publicised case - slow-paying a player into negotiating away half the winnings..

It's a cop-out on Playtech's part imo, and it harms their reputation.

Perhaps the regulators in the more responsible jurisdictions where Playtech operators are active should be looking at this progressive winnings payment issue in order to introduce basic rules that better protect the player.
 
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