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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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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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