Microgaming Pays Out €1 Billion In Jackpots

The iGaming industry is celebrating another “momentous landmark,” as stated by one of the leading casino software producers from the Isle of Man – Microgaming. The company has once again set astonishing results in the slots vertical by reaching €1 billion in payouts under its progressive jackpot network – this milestone has irreversibly cemented the supplier’s footmark and reputation as a unique millionaire-making machine.

In fact, this remarkable figure was attained a couple of days ago when a player cashed in €13.3 million on Mega Moolah – probably the biggest moneymaker in the entire industry along with NetEnt’s Mega Fortune and Arabian Nights.

Awarding Life-Changing Prizes Since Inception

Since its foundation, the software company has paid out a multitude of life-changing prizes, including around 70 seven-digit figures to this day… however, during the last three years, as more and more players venture into iGaming, jackpots have increased, creating additional 30 lucky winners. Moreover, the network’s range has also been expanded, which magnified the popularity of progressive and highly volatile games from the portfolio.

CEO at Microgaming, John Coleman, commented:

“What an astonishing milestone for Microgaming’s progressive jackpot network! We are incredibly proud to see total payouts exceed the €1 billion mark – congratulations to all the lucky Mega jackpot winners who have been part of this remarkable story.

The network has been awarding life-changing wins since 1999, including thousands of five and six-figure sums, and we look forward to building on this remarkable success in the future with the development of even more innovative and rewarding gameplay experiences for players.”

Notable Record-Breaking Markers

On the road to glory, fans and dedicated players even managed to strike record-breaking amounts and the Guinness World Records. In 2013, a member of Royal Vegas walked away with the world’s first ever mobile jackpot, while in 2015, a UK resident smacked jaw-dropping €17,879,645.12 and ‘entered the book.’

Nevertheless, in 2018 that amount was exceeded by another player from Grand Mondial – he cashed in mindblowing €18,915,872.81 on Mega Moolah.

After reaching €1 billion in progressive jackpots, the company has promised it will continue to offer thrilling experiences and “amazing lump-sum rewards.” Equally important, each jackpot is paid out in the currency in which the punter had previously deposited.

The aggregator has recently signed a supply agreement with IWG, allowing the studio to convert some of its biggest hits into instant win games, but it also rolled out three new slots – Village People Macho Moves, Shogun of Time and Banana Odyssey. The last two games premiered at this year’s ICE 2019 in London.

Source:

“Microgaming’s progressive jackpot network makes history with €1 billion milestone”, microgaming.co.uk, February 5, 2019.