Posts Tagged ‘online slots news’

Average Online Casino Jackpot to Reach £1 Million

Monday, August 16th, 2010

Progressive jackpots operate by collecting a portion of all wagers placed on the machine and contributing them to the jackpot total. While progressive jackpots currently can range anywhere from £5000 to £5 million, a financial analyst believes that by the year 2018, the average progressive jackpot will be £1 million.

This is great news for online casino operators and players, as both sides of the coin will benefit from this breakthrough. As progressive jackpots increase, more and more players try their hand at winning the big prize. This is beneficial for operators as they are guaranteed an influx of customers who are interested in winning the million-dollar progressive jackpot.

While the average increase is destined to be, there are some things that online casino operators can do to speed up the process. The first thing that can be done is to expand progressive jackpot networks. Most online casinos today only link progressive slots across one particular casino, but it would be a most worthwhile option to link progressive jackpots across a many casinos that belong to the same brand.

Cryptologic had the right idea by linking all of its Marvel Superhero slots. The progressive jackpot is not only linked between games with the same title, but between all of the Marvel Superhero slots, regardless of which hero the game is based on.

This is certainly the future of online gambling and operators should take note of this!

One Casino says Farwell For Good

Thursday, January 14th, 2010

The fairly new online casino known as Slot Club has recently announced that it will be closing its doors for good as of the end of this month. The exact date of closing will be January 31st, 2010. This news came in just recently and the online casino did not have too much of a run since it only opened its doors in February of last year.

Its a dog eat dog world out there in the industry of online casinos and online gambling altogether. Sure many believe its a lucrative industry to be in, and for some it really is. There are companies out there that are making millions on a daily basis. But those companies (at least for the most part) are considered pioneers in the industry and they have been around for an average time of ten years – which is when online gambling just began.

New players that enter the industry sometimes have a tough time, its hard to say what exactly goes wrong. Perhaps their promotions aren’t good enough, perhaps bonuses aren’t well received. Maybe they just don’t offer the games that players want to see. But either way there were simply not enough players to keep the doors of the online casinos open.

Either way if you are currently a member of that particular online casino now is a good time to get your money out. Any funds that are still in the casino after the last day in January may be lost and not returned to the customer.

Traditional Slots Making a Big Come Back

Tuesday, October 20th, 2009

Those one arm bandits are many’s favourites and it looks like that will continue to be the way no matter whether it is an online casino or a land based casino. Online casinos have a ton of slot games and there is just so much to choose from but the old original slots that display three reels and one to three win lines are really making a comeback as players are seeking simplicity.
 
The online casinos are reporting that there is quite a bit of traffic when it comes to the traditional slots and all the new slots that are being introduced are just a little too much for some players that prefer the traditional games. The online casinos are launching new games at any given moment but the older games are increasing in popularity even to this day.
 
After giving the new games a try players often come back to the traditional games or give the traditional games a try for the first time. Online casinos have noticed this pattern from players and are considering launching even more three slot three pay line games to keep their players interested and diversified all at the same time.