Evolution adds Progressive Jackpot to Live Casino Hold’em
Evolution Gaming, leading provider of Live Casino solutions, will introduce the world’s biggest online Live Casino Progressive Jackpot with the Jumbo 7 Jackpot to its Casino Hold’em game, launching in the near term.
The Jumbo 7 Jackpot-enabled version of the popular Poker-based game will launch with an initial Jackpot fund of EUR 1 million seeded by Evolution.
Todd Haushalter, Chief Product Officer at Evolution, commented: “By Evolution contributing the whole €1,000,000 to start the Jackpot, it is our way of saying ‘thank you’ to operators and players. With the player volumes we see on Casino Hold’em this could potentially grow to be bigger than all of the online progressive slots combined. That means it could grow to in excess of €30 million, which will put it in contention to be the biggest jackpot in the history of table games or slots. That sort of money makes playing the game a lot more fun, and that is our mission with this Jackpot version of Casino Hold’em.”
Fully integrated into the Casino Hold’em gameplay and UI, the new Jumbo 7 Jackpot adds the attraction of these significant extra winnings through a simple side bet. The Jumbo 7 Jackpot side bet pays out to qualifying players (i.e. those who choose to place this side bet) even if the player folds or is beaten by the dealer’s hand in the main Casino Hold’em game.
With each game played, the prize fund becomes progressively larger as a percentage of all progressive Jumbo 7 Jackpot side bets placed on the Casino Hold’em table is added to the Jackpot fund.
The top-level Jackpot prize is the full amount of the progressive Jumbo 7 Jackpot, which keeps growing until it is won with a 7 Card Straight Flush. A second level of Jackpot prizes offers lower fixed payouts for a range of other Poker hands — from a Straight through to a 6 Card Straight Flush, which pays 5,000 for 1.
The Casino Hold’em Jumbo 7 Jackpot is available through an optional programme for this table. Evolution licensees who sign up to the programme will have the optional Progressive Jackpot side bet enabled for their players.
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Evolution Gaming Group AB (publ) (”Evolution”) develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider in the European market with 100+ operators among its customers. The group currently has about 3,800 employees, most of whom are located in Latvia and Malta. The parent company is based in Sweden and listed on the Nasdaq First North Premier exchange under the ticker EVO. Avanza Bank is the company’s certified adviser. Visit www.evolutiongaming.com for more information.