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Games Global Announces That Mega Moolah Jackpot Has Created Another Millionaire

games_global_progressive_jackpot_mega_moolah_awards_e6_6_million_Games Global, the famous international supplier of gaming content for online casinos, has announced that its legendary Mega Moolah Mega Jackpot has created another millionaire after a lucky player grabbed 6.6 million euros after having hit the jackpot.

The exact sum that the player won on Mega Moolah was 6,689,308 euros and the bet that triggered the win was worth just 3 euros. This is the first Mega Moolah Mega Jackpot won since the start of the year, the last time it was won was on 24 December 2023 and that hit was worth 13.5 million euros.

Mega Moolah and its progressive jackpot has been on the market for over 17 years as the game was launched all the way back in November 2006. Since then, the legendary online casino game had ten jackpot winners and awarded prizes worth more than 700 million euros.

The game has four reels and 25 paylines and it features wild symbols that can double wins, free spins bonuses that triple wins, plus four different Mega Moolah progressive jackpot tiers.

Games Global has built a reputation for paying out large sums of money on progressive jackpots. Moreover, the gaming content supplier boasts an impressive win ratio in its games with a winning spin coming every 14 seconds on average.

Huge Jackpot Hit Before Christmas

Before the end of 2023 Games Global set a new record that will be extremely hard to beat as a lucky player managed to hit its WowPot! progressive jackpot and take home a whopping 38.4 million euros!

That landmark win set a new record for the industry and crushed the previous record which was recorded on the Mega Moolah jackpot and was worth 19.4 million euros. The lucky hit came on Wheel of Wishes, a game that was launched in 2020.

Games Global has an entire network of progressive jackpots, alongside WowPot and Mega Moolah the company also offers Maple Moolah for the Canadian province of Ontario and King Millions, a brand new product which was launched in July 2023. King Millions has also been made available in Ontario in November 2023.

Source:

“Games Global progressive jackpot Mega Moolah™ awards €6.6 million“, gamesglobal.com, March 6, 2024.

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EGT Digital Joins Forces with Codere to Expand to the Spanish Market

egt_digitals_slots_made_their_spanish_debut_with_codere_One of the leading iGaming developers from Bulgaria, EGT Digital, continues its European expansion. As its products are available in many key markets across the continent, it’s Spain’s turn to welcome a set of brand-new games.

Newly established partnership

EGT Digital joined forces with one of the most popular operators in Spain, Codere, to present its thrilling content to Spanish players. Among the titles included in the offering will be hit releases such as Bell Link and Clover Chance. All games are available on Codere’s website.

Sarit Adania, a Head of Casino Product at Codere, commented on the recently established partnership: “EGT Digital’s games and jackpots are an excellent addition to our range of casino proposals and the evaluation given by our customers speaks for itself: they are becoming more and more popular on our website. Very soon we will be able to further diversify our portfolio with more of their titles.”

Tsvetomira Drumeva, Head of Sales at EGT, added: “We are very glad that our content made its Spanish debut on the site of one of the largest local operators. Thus, our slots will be able to demonstrate their great potential to a wide gaming audience, and their good performance will pave the way for the other key players in the country.”

Successful company

EGT Digital is a subsidiary of Euro Games Technology. Its main mission is to create unforgettable products and technologies that will ensure its fans can have a smooth and secure gaming experience.

Apart from carefully crafted products, the company focuses on promoting responsible gaming practices and making sure its content always aligns with the community standards in the field.

After expansion to the Italian market that was ensured in January 2024 thanks to the partnership with popular operator Microgame, the company continues to conquer key markets in Europe and rapidly going towards achieving the title of European leader in the field of iGaming.

Now, the company has a vast network of partners, including big industry names such as Evolution, NetEnt, Endorphina, and many more. Its portfolio consists of a range of popular releases, including 20 Leprechaun Hot, Tropical Beauties, Flaming Hot Extreme, and others.

The industry leader in Spain and Latin America

On the other hand, Codere is already widely popular in the Spanish market, but not only in that one – apart from Spain, its operations are running in Italy, as well as in Latin America – Argentina, Mexico, Colombia, Panama, and Uruguay.

The company has been present on the market for more than 40 years. It was founded in 1980 as a slot machine operator in Spain, but since then has grown into an industry giant that features various kinds of products.

Now, Codere offers a range of products, including gaming machines, bingo seats, sports betting terminals, arcades, racetracks, and many more. Its customer base grew to an impressive number of 7,500,000.

Thanks to the recently established partnership with EGT, the company will get a chance to further strengthen its position in the Spanish market and once again prove that it’s a leader in the industry in this European country.

Source:

“EGT Digital’s Slots Made Their Spanish Debut with Codere”, europeangaming.eu, March 6, 2024.

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Slots a Fun (Re)Introduces Coin Slots to Vegas Strip

Circus Circus updated its Slots a Fun floor on Friday. Or, more accurately, they downdated it.

The newly gathered coin-operated slots at Slots a Fun boast actual reels, not virtual ones. (Image: X/@casinocollective)

The separate casino area, located next to Circus Circus’ main building, now features 85 coin-operated slot machines, many from the last millennium. (Technically, the mix of 25 cents, $1 and $5 machines are operated by tokens that need to be purchased.)

Ticket Out of Here

Coin slots began disappearing from casino floors across the US by the mid-2000s, as Ticket In Ticket Out (TITO) vouchers replaced almost all of them.

For casinos, TITO machines — developed in 1992 by MGM Corporation — eliminated the labor-intensive cost of having to continually empty hoppers of coins. Because of reduced cash handling, they also streamlined accounting procedures.

Paper money and vouchers also put less wear and tear on machines than coins do.

The problem with the newer machines, however, is that lots of gamblers miss the feel of coin slots and the big plastic barrels that got heavier when coin avalanches kerplunked into them.

This is why TITO machine manufacturers still replicate the sound of change dropping into the payout tray during jackpots.

Tokens of Their Appreciation

A Circus Circus press release describes this as a “strategic shift” that “reaffirms its dedication to honoring the essence of vintage Vegas while embracing innovation for the modern-day guest.”

In reality, there was no “American Pickers” rummage through junkyards or estate sales for retired machines. Circus Circus and its Slots a Fun were simply the last bastions of the Strip that modernization hadn’t completely transformed. So Phil Ruffin’s casino decided to flip this from a negative to a positive.

Around 50 of these last clattering icons — until recently found in smatterings across the Circus Circus and Slots a Fun floors — were simply gathered together into one place. Circus Circus then fortified the collection with 35 more token slots it purchased from vendors in Las Vegas and Iowa.

If the coin machines aren’t enough of a time portal to entice a visit curing your next Strip sojourn, Slots a Fun also features $2 beers, hot dogs, and shrimp cocktails. And 20 table games have been reintroduced into  its 8,000 feet of gaming space — all with $5 minimums.

What year is this again?

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‘Accountant to the Stars’ Avoids Prison in Wayne Nix Case

An accountant for former minor league baseball player turned illegal bookie Wayne Nix was spared a prison sentence Tuesday for lying to federal agents.

William Fulton, Wayne Nix, Yasiel Puig, Scott Sibella, illegal gambling
A federal judge rejected prosecutors’ allegations that William Fulton, above, was an “organizer” of Nix’s illegal gambling operation and showed leniency because of his previously good reputation. (Image: The Hollywood Reporter)

William Eric Fulton, 60, is the founder and managing partner of Fulton Management, whose clients have included MMA champion Connor McGregor and Hollywood star Channing Tatum. They also included Nix, who for two decades ran an illegal gambling operation that handled bets for professional athletes.

Last July, Fulton pleaded guilty in a federal court in Los Angeles to one charge of making false statements. This related to untruthful information he provided during interviews about Nix’s operation with Homeland Security and the IRS.

Bookkeeper to a Bookie

Fulton supplied accounting, bookkeeping, and tax preparation services for      Nis. He gave the bookie a $1.25 million no interest loan to pay his gambling clients when he needed access to liquidity. He also placed bets with Nix himself and recommended Nix’s services to at least one of his other clients, according to prosecutors.

In short, defendant and the company knowingly operated as a de facto back office for the Nix gambling business, making payments, moving funds, extending financing, and conducting bookkeeping and administrative tasks that allowed the Nix gambling business to continue to operate,” prosecutors wrote in their sentencing memorandum.

But their demands for a robust sentence on the grounds that Fulton was an “organizer” of the operation were rejected by U.S. District Judge Dolly Gee on Tuesday. She determined that the accountant played a minor role in the sports betting business.

Gee sentenced Fulton to one year probation and ordered him to pay a fine of $673,290. The sentence acknowledged Fulton’s remorse and otherwise good reputation and standing.

The accountant was listed as one of Hollywood’s most powerful business managers by The Hollywood Reporter in 2015.

Scott Sibella Scandal

As for Nix, he pleaded guilty in April 2022 to a count of conspiracy to operate an illegal gambling business and a count of subscribing to a false tax return. He awaits sentencing.

Former LA Dodgers outfielder Yasiel Puig was also embroiled in the case as one of Nix’s betting clients. He initially accepted a plea deal that would have seen him admit to lying to federal agents but subsequently pleaded not guilty. If convicted, he faces up to five years in prison.

Meanwhile, in September 2023, president and chief operating officer of Resorts World Las Vegas, Scott Sibella, was fired by the casino because of his association with Nix.  

In January, Sibella pleaded guilty to charges that could also send him to prison for five years. According to Sibella’s plea agreement, he was aware of Nix’s illegal betting operations but still allowed him to gamble at the MGM Grand from 2010 to 2019 when he served as its president. That was a violation of anti-money laundering laws, according to prosecutors.

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Study: Sports Betting Regulations Can Have Adverse Effects, Drive Consumers Offshore

A new study concludes that sports betting regulations designed to protect athletes can have adverse impacts and drive consumers to offshore sportsbooks.

sports betting offshore sportsbook
Sports betting restrictions can drive traffic to offshore sites. That’s according to new research commissioned by the International Betting Integrity Association. (Image: Shutterstock)

The International Betting Integrity Association (IBIA) in Belgium recently commissioned a study to determine how policymakers unknowingly impact a market and fuel activity they sought to prevent through regulations. The IBIA probe was conducted by H2 Gambling Capital, a data intelligence firm based in England focused on the global gaming industry.

The study — “The Availability of Sports Betting Products: An Economic and Integrity Analysis” — makes several key assumptions based on the review. One highlight researchers discovered is that when regulators prohibit certain bets, that often prompts bettors to seek those options in unregulated markets.

“The central finding of the study is that alongside other regulatory and economic factors — including taxation and advertising policy — there is a strong correlation between the availability of sports betting products and onshore channeling,” the report’s executive summary read.

Regulations Drive Offshore Activity  

H2 Gambling said it compiled anonymized data from IBIA members in 12 markets where sports betting is allowed. Those jurisdictions included Australia, Brazil, Canada (excluding Ontario), Denmark, Germany, Great Britain, Italy, Netherlands, Ontario, Portugal, Spain, and Sweden. The US was excluded because of the bespoke regulatory model that varies from state to state.

Researchers found that when a market excludes a type of bet, with one example being a player prop, bettors wishing to make such a wager won’t simply fold on that endeavor but will instead seek a business willing to accept the bet. In the US, player props involving college student-athletes are banned in nearly all of the 38 states that have legal sports betting.

NCAA President Charlie Baker says college player props increase the likelihood of players being harassed and threatened on social media and in person. IBIA researchers, however, say banning those bets doesn’t eradicate such wagers but instead fuels bettors to offshore sportsbooks.

While politically attractive, this study confirms that bet restrictions are a blunt and counterproductive instrument,” said IBIA CEO Khalid Ali. “They don’t prevent betting; they just drive it into the unregulated market where most of the problems with sports integrity arise.”

Along with protecting student-athletes, prohibiting player props on college sports, Baker and others in favor of prohibiting such bets argue, decreases the risk to game integrity being compromised. With a player prop, a rogue bettor seeking an upper hand might buy off a student-athlete to throw a game.

More Bets, More Onshore Demand

Researchers deduced that the more betting options a market allows, the more demand there is for the regulated environment.

In Great Britain, H2 Gambling investigators calculated that 97% of sports bettors opt to make their wagers through regulated books. The UK is home to an abundance of bets, including politics.

Compare that with Germany, which restricts in-play betting and tends to allow only moneyline, spread, and over/under bets, H2 found that about 40% of bettors patronize unregulated sports betting channels.

“The evidence-based and data-driven analysis in this study shows that sports betting product restrictions adversely impact onshore channeling and that in turn has negative consequences for regulatory oversight and taxable revenues. A market that seeks to maximize the economic impact and social protections achieved via an onshore regulated framework requires a wide sports betting product availability,” the report concluded.

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