RISQ develops 25 million GBP jackpot RNG
(PRESS RELEASE) -- RISQ, the London-based technology company, has launched a gaming industry first with the development of a random number generator platform boasting jackpots of up to £25 million.
The insurance-backed solution is suited to a range of games, including slots, table games, lottery, keno, bingo and instant win, and can be tailored to the individual needs of the operator or game developer.
Each simple integration offers adjustable odds, flexible jackpot totals and variable pay tables, allowing operators to build their own unique jackpot games.
With no reliance on cross-network liquidity, the innovative technology looks set to provide an effective and risk-free customer acquisition and retention tool for betting and gaming brands.
It will initially cater for jackpots up to £25 million, but there are plans in place to quadruple that limit to £100 million.
Tom Mitchell, RISQ's B2B Director, said the new platform was a game-changer for the industry and would help partners increase their margins and maximize revenues.
He added, "In a market where demand for huge, scalable jackpots is increasing, our Jackpot RNG delivers a knockout combination of cutting-edge technology, tailored development and sophisticated risk management.
"No matter what game is chosen to utilize its framework, jackpots have a proven and unique ability to deliver new customers, build loyalty, enhance retention, and facilitate expansion into new markets."
RISQ, who are licensed by gambling regulators in the U.K. and Alderney as well as having an insurance license, also offer hedge bets and insurance on the outcomes of over 50 international lotteries.
In addition, they have access to A-rated insurance limits of up to £250 million in multiple currencies and a £10 million Jackpot limit dedicated to sporting-outcome jackpots.
With their unique structure and technology, this B2B-only platform allows affiliates, operators, platforms and game developers the opportunity to access and use Jackpots in a scalable and flexible way.