Networked Casino Question

I'm a bit curious regarding how things work "behind the scenes" at Networked Casinos (think Microgaming). I'm hoping that someone "in the know" can chime in and provide insight.

As I understand things, each skin has their "own" banking & licencing and to some extent each skin has their choice in games they can offer from the menu of "available" games. Of the games they can provide, there's the progressive slots and slots games that are not tied to a progressive jackpot. With respect to the progressive slots, where does the money come from if a player hits?

I'm not sure if I'm exactly clear in my question or scenario, so I will present a hypothetical :

Suppose I sign up through Microgaming Casino "A" and I deposit £100 and burn through that. Then, I deposit another £100. On my last spin, I hit a progressive jackpot for £26K.

I know that with each spin on a progressive slot, a portion of the wager goes towards building the progressive jackpot. I assume that the "skin" is "billed" on a somewhat regular basis to feed the respective progressive jackpots that their players (and other networked players) can try to win.

My actual questions :

When the progressive is hit, does the "network" send the jackpot money to the "skin" to pay out (by the skin) to the lucky player?

Does the player instead get paid directly by the "network" assuming he decides to cash out immediately upon hitting the jackpot?

If neither of the above are how things work, how exactly does the money flow when dealing with a progressive jackpot at a "Microgaming skin"?

I'm certain I will have some follow-up questions after getting initial insight, so I do thank everyone in advance who can shed some light on this process for chiming in.

Cheers

Does anyone have relevant insight they can offer on the above?

when someone won that Life's a beach at betfred they were all doing the promos saying won at betfred etc so im guessing the money goes from microgaming to betfred to customer, but just guessing

Anthony Hodgetts or Luke Cotton normally know the score with stuff like this

Hi Shay,

Yes, thebookiesoffers is correct - The operator pays the winner the jackpot amount into their customer account at skin they were playing on.

Hope this helps,
Elaine

Quote:

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Originally Posted by ElaineGardiner

Hi Shay,

Yes, thebookiesoffers is correct - The operator pays the winner the jackpot amount into their customer account at skin they were playing on.

Hope this helps,
Elaine

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Elaine, this does help a great deal. Thank you for the confirmation on how things work behind the scenes.

I don't know exactly how it is in Casino, but in my Poker days MG would take x amount of rake of each Bad-Beat Table, and hold those funds for all the operators. When the Bad-Beat Jackpot was activated, that money would automatically go to the player's account, and Microgaming would send a report to the operators, so that everyone knew exactly where the money went.
I would assume that is how they handle it at their Casino product as well.

Quote:

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Originally Posted by ElaineGardiner

Hi Shay,

Yes, thebookiesoffers is correct - The operator pays the winner the jackpot amount into their customer account at skin they were playing on.

Hope this helps,
Elaine

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you can call me Aidan, in fact, everyone can call me Aidan lol

I know you're Aidan, just didn't know if Shay knew :). Just didn't want to confuse anyone

I asked our product team about this and usually the money is paid to the player by the operator, who is paid by the supplier - although that isn't always the case and sometimes players are paid direct by the supplier.

Possibly the least helpful answer I'm afraid!