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Amazing Hitting a Slot Progressive Jackpot TWICE
This appears to be a winning week (see previous InfoPowa reports on Unibet, Casino Action and Platinum Play casinos). The Playtech-powered Europa Casino.com has reported a Euro 3 million progressive win by one player hitting two jackpots on the Beach Life progressive.
A press release from the casino claims that the two major online casino wins occurred three months apart and raked in almost Euro 3 000 000 in prize money for the lucky slots enthusiast.
A company spokesman said that winning two progressive jackpots is statistically not far short of impossible. For the sake of comparison, the probability of being struck by lighting is 576 000 to 1; and that of dating a supermodel 88 000 to 1. Hitting a progressive jackpot is apparently not much easier than either.
Renee Pascal, the casino's manager, says: "This is the first and most likely the last time that Europa Casino will twice produce the same winner on a single progressive slots game. We're quite literally as astounded as the player who won the jackpot - it's incredible."
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The payment of these large amounts will be watched with interest by the industry following recent scandals in which certain Playtech-powered online casinos have been accused of slow-paying major progressive jackpot wins in instalments instead of in one large tranche as is the case with veteran companies such as Microgaming and Cryptologic.
Among the casinos that have been listed as having predatory T&Cs permitting payment of progressives by instalments are:
Casino Del Rio
Golden Palace Casino
Grand Play Casino
William Hill Casino
Player advocates are of the view that anything short of full payment in one tranche is unfair when it comes to progressives. This is because jackpots are paid from a pool fed by players at a number of networked casinos, and the casino where the jackpot is won receives access to those monies immediately and completely upon the jackpot being hit.
Europa Casino has been asked to confirm their payment policy, although to date no response has been received.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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