Once again, we see more development in the online casino sector within the borders of New Jersey. This continues to be very exciting times for the industry, and we’ll now show what we mean. International Game Technology (IGT) released its first-ever Wide Area Progressive (WAP) product in the US. This is going to be a game changer without a doubt. Also, the new WAP MegaJackpot machines will be available at four online casinos in the state including Caesars, Hard Rock, Resorts and Mohegan Sun.
About Mega Jackpot
As of now, only MegaJackpots Cleopatra & MegaJackpots Siberian Storm are available in New Jersey. Although there are more games from the MegaJackpot lineup on the way. The IGT jackpot will start at $500,000 and increase in value as players place their bets. The machines connect together from casinos throughout the U.S to form a large Jackpot, a so-called “Pooled Jackpot or Progressive Jackpot.” So it’s with excitement we report on this news. As WAP machines offer life-changing jackpots.
How does it work
First, a jackpot needs to see its day. In the industry, they call it “Seeding”, in this case, $500,000. Then a percentage is deduced from every qualifying bet. So let’s do the math. Say that the minimum qualifying bet is $0.50 and the percentage taken out of that is 2%. This means that $0.01 skims from every qualifying spin, and presto you now have a progressive or Pooled jackpot that can fall on any casino linked into the Jackpot.
An official word from IGT
SVP at PlayDigital IGT, Enrico Drago said, “This new launch strengthens our commitment. Not to mention, our leadership. These innovated games elevate the player’s experience across several channels.” He then added, “IGT MegaJackpot games entertain players in the UK and other digital markets. We’re also in the belief that players in New Jersey will benefit from these life-changing offerings.” So as you can see, change is here! The Jackpots are real, and the attraction is strong. People love big Jackpots, and this new technology makes them even bigger!
On that note, have fun and play smart. Good luck!