Industry News
SLOTCATALOG ANALYSES THE GROWING POPULARITY OF DAILY DROP CASINO JACKPOTS
The digital casino landscape is changing at unprecedented rates, as operators deal with the increasing demands of players engaging with digital gaming entertainment services and looking for instant playability and satisfaction.
SlotCatalog, the data-driven intelligence platform for slot games for the iGaming industry, shared some insight into the innovative, accessible, player-friendly progressive jackpot mechanic of Daily Drop Jackpots.
A company spokesperson from SlotCatalog explained: “Our brand vision is to facilitate and assist operators in their business goals and decision making in marketing and product for online players. With that, we looked into the Daily Drop Jackpots, which offer a prize sum of £40k – £60k.
Launched in February 2019, these daily drop jackpots have become very popular with players, because in player psychology, players would rather have the opportunity to play for the prize today as against tomorrow. The concept is simple; each day, more and more operators connect their online casino brand to the daily jackpot network, thus allowing massive daily jackpots to be won against large progressive jackpots taking time to hit.
As of May 2020, £25m has been paid out in jackpots in total. In August 2019, the Daily Drop Jackpot Network paid out its biggest-ever daily prize with one UK Betsson player scooping €78,429 from a €2 stake on Dragon’s Luck Power Reels. The evening of February 19th saw a lucky Interwetten player win a €10,274 Hourly Jackpot with a 20c spin on Dynamite Riches.
With the continued desire of digital natives and the now generation, it is very likely the popularity and the format of daily jackpots shall increase accordingly.”
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