Microgaming slot jackpot hit makes lucky player mega moolah; Novomatic celebrates Italian breakthrough

TAGs: business news, casino slot game, Italy, Mega Moolah, Microgaming, Novomatic, Online Gaming, slots

mega moolah microgamingMega Moolah, the casino slot game powered by gaming software provider Microgaming, lived up to its name today when it had its jackpot hit by a player. The lucky son of a gun won a life-changing figure of €3.84m – that’s £3.4 million for Brits or $5.5 million for the Yanks.

Whoever struck it lucky on the slots will be able to reap the rewards sooner than they think. According to an announcement by Microgaming, the amount won will be paid out in full in a lump sum, so that the player can “enjoy the winnings immediately”. Yeehaw!

The release also states that the winning is of a highly unusual amount in an industry that typically adopts staggered annuity payments. We’re sure this will only attract new people to the site though, so it will only work in Mega Moolah’s favour.

It’s not the first time a player at has made mega moolahs. In 2008, another player hit the jackpot, with a €3.5m win (that’s £3.1 million or $4.6 million). This made them the second biggest ever winner in the 11 year online casino group history.

According to Microgaming, their Progressive Jackpot Network has paid out £300m since it began in 1999, and the total across all jackpots currently stands at a whopping £3.5 million. Moolah mania!

While Microgaming is celebrating its biggest ever jackpot win, gaming operator Novomatic is currently celebrating a milestone in Italy. As Europe’s largest gaming market, Italy is now operating its 10,000th video lottery terminal (VLT) produced by Novomatic in that place which is easy to pronounce; Gumpoldskirchen.

Franz Wohlfahrt, Chief Executive Officer of Novomatic, has plenty to say about the operation. He said: “We are proud that our technology is successful in one of the most modern gaming markets in the world.”

“Our activities in Italy are of great significance because the Italian video lotteries are setting a trend in Europe, possibly even worldwide. The strict regulation by the Italian authorities already serves as a model for many countries planning to expand their gaming markets.”

Novomatic has a market share in video lottery terminals of around 40 per cent, making it now the number one supplier in Italy.


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