Progressive Jackpot Networks in 2022 Set to Create a Record Number of Millionaires

The online casino scene is constantly shifting with new trends and leading the way is B2B solutions provided to online casinos which end with player consumption. New technology is changing the industry’s landscape, existing concepts are moving in new directions creating more engaging and enticing gameplay.

A leading online casino portal reviewing the best places to play online casino games – Playcasino dotcom – recently noted that one of the major shifts occurring on the current iGaming landscape is the rise of progressive jackpot networks. For example, progressive jackpot networks are one of the latest trends. In the past, stand-alone progressive jackpot slots hit the headlines with million Euro wins, yet these slots paid out their millionaire jackpots sparingly.

Fast forward to 2021-2022, and we are now seeing progressive jackpot slot titles clubbed together into networks. With multiple slots connected into a single network, news of million Euro jackpots is almost a weekly occurrence. Some of the companies involved in these B2B jackpot networks include SoftSwiss, Yggdrasil, and Microgaming.

Of course, Micogaming’s Mega Moolah network is running away with the crown for top paying progressive jackpot network online today. Microgaming’s overall jackpot payouts currently sit at € 1.5 billion with Mega Moolah jackpot wins contributing a large portion of that sum. In the past 12 months, the Mega Moolah network has paid out close to € 150 million, and in that time, it has risen from 2 slots to 8 slot titles with more lined up for release over 2022. Even more noteworthy is that with multiple slots linked to the same jackpot, Mega Moolah broke the Guinness World Record for the largest online jackpot payout, which was €19.4 million coming from its Absolootly Mad slot title.

With Microgaming’s success, companies like SOFTSWISS have taken note. SOFTSWISS operates one of the fastest-growing casino aggregation solutions online with € 6 million bets processed per month. The company sees the potential and future for progressive jackpot networks and thus designed a ‘Jackpot Aggregator’ tool. Operators using this platform club together video slots from various providers with the main jackpot that continues to rise. Anyone playing on one of these slot titles has a chance of landing the jackpot through a random trigger.

Online casinos are already using the SOFTSWISS aggregator network, which has now been shortlisted for Global Gaming Awards for ‘Product Launch of the Year’ 2022. Product Manager, Aliaksei Douhin, stated that the nomination is an inspiring new experience for the company and its Jackpot Aggregator.

Another noteworthy jackpot platform on the rise is Yggdrasil’s jackpot slots collection. Recently Yggdrasil made its mark by bagging the International Gaming Awards Slot Provider of the Year honors. And this is yet another company that is rising through the ranks of progressive jackpot payouts. The company’s jackpot games are so popular that it recently reported a record jackpot payout of € 7.8 million, and to kick off 2022, its Joker Millions paid out €6 million. The response from Yggdrasil’s Head of Products & Programs, Stuart McCarthy, said that the company couldn’t have asked for a better start to the year.

There is no doubt that linked progressive jackpot slots inside a single network will produce more millionaires than seen before in iGaming. The best online casinos for 2022 will be partly spurred on by the introduction of jackpot slots that are part of these impressively high-paying networks.