
Malta Gaming Authority Endorses New Progressive Jackpot Tool
The Malta Gaming Authority (MGA) has bestowed its approval upon JackpotEngine, a product developed by leading betting software conglomerate, EveryMatrix. This green light from the Maltese regulator paves the way for integration of the product into casinos that operate under the MGA licenses.
JackpotEngine is designed to seamlessly blend with CasinoEngine or SlotMatrix platforms, acting as an effective jackpot administration mechanism. It empowers casinos to design bespoke big win systems for a wide array of slots, irrespective of the creator. According to EveryMatrix, this tool significantly enhances the gaming experience, causing a 25% increase in session rounds, and a 30% rise in average bet sizes. Customizable features include win odds, maximum win limit, contribution allocation, splitting of contribution funds, seeding amounts, among other options.
EveryMatrix is a major player in the software aggregation arena within the gaming industry, boasting thousands of games sourced from numerous developers. In addition, the firm offers a popular sports betting platform widely used across the iGaming sector.
Stian Enger, the Head of CasinoEngine at EveryMatrix, expressed his satisfaction with the MGA approval. He said that their initial testing phase demonstrated a significant boost in game rounds, session durations, and bet sizes, leading them to believe that JackpotEngine will revolutionize the industry. This Maltese approval will undeniably facilitate a faster product roll-out in the upcoming months.
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