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The RISQ igaming insurance platform (iGiP) pays out record £25m jackpot

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RISQ igaming insurance platform (iGiP) pays out record £25m jackpotReading Time: 2 minutes

 

RISQ, the leaders in insurance-backed acquisition and retention services for the igaming industry, have announced their first £25m jackpot winner via the sweepstake and contests platform, Happy Pay.

The lucky winner of this life-changing prize entered the free-to-play prize draw via one of Happy Pay’s popular portfolio of promotional jackpot products, available across a range of assorted ecommerce websites.

Since partnering with RISQ over a year ago, Happy Pay’s clients have reported significant boosts in daily entrants due to increased jackpot sizes, whose levels RISQ has escalated by over 150%, proving their worth as a driver of traffic, player-engagement and sales across all platforms and devices.

RISQ’s insurance-backed solution enables the creation of non-networked prizes across a wide range of game types and channels. This diverse and tailored jackpot provision adds real substance and value to a company’s product offering and marketing campaigns, as evidenced by RISQ’s wide scope of B2B partnerships.

It’s the latest application from RISQ, whose leading igaming insurance platform is creating new levels in player acquisition and retention via its scalable jackpots of up to £150m. These flexible solutions offer operators and platform-providers access to some of the biggest payouts in the industry.

RISQ’s B2B Director, Tom Mitchell, said the record £25m jackpot provided ready proof of RISQ’s unique ability to pay out promptly on even the biggest industry jackpots, thanks to their contracts with A-rated reinsurers.

Mitchell said: “As volumes increase on our insurance platform (iGiP), jackpot payouts will become more and more frequent. Ultimately, in the event of any jackpot win, our clients rely on our ability to pay out quickly and with no hidden complications.

“I certainly feel that we have proven this capacity with Happy Pay. As we grow and develop, our goal is for the platform to give clients access to any winnings within 24 hours. By continuing to improve our technology, processes and reinsurance contracts, I believe that this is a realistic target.”

 

About RISQ:

RISQ’s iGaming insurance Platform (iGiP) creates new levels of player acquisition and retention with scalable jackpots and high limit bets. These flexible solutions offer operators and platform-providers access to some of the biggest non-networked jackpot payouts in the industry. RISQ also provide ancillary coverage for betting-on-lottery platforms up to £150m (featuring national, state and provincial lottery betting) as well as free-to-play sports predictor games for event-based competitions. RISQ’s insurance platform is backed by a team of innovative and experienced professionals in both risk and sporting analytics, leveraging over a dozen insurance markets, including Lloyd’s of London and their affiliates.

 

Source: Latest News at European Gaming Media

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Industry News

Bryke launches Link King in Spain

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Bryke launches Link King in SpainReading Time: 1 minute

 

Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

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RTG launched a new game, called I, Zombie

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RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

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William Hill US seeks modifications in regulations

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William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

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