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World-Record Online Progressive Jackpot Hit as Finnish Player Wins €17.8 Million on Single Spin; LiveCasinoDirect Notes Trend of Consistently Bigger Jackpots

On January 20, 2013, an online progressive jackpot was hit on Net Entertainment’s Mega Fortune for €17.8 million, shattering the previous world record for a slot-game payout. LiveCasinoDirect sees this record as part of a general trend that is making the average jackpot significantly higher and million-dollar wins more common, particularly (but not exclusively) at Microgaming- and Net Entertainment-powered online casinos.

Belize City, Belize, January 29, 2013 --( Representatives of game software producers Net Entertainment have announced a new record-setting jackpot win on their online progressive slot game Mega Fortune.

An unnamed player residing in Helsinki hit an incredible €17.8 million (approximately US $23.75 million) on a single spin of the game while at the state government-run Paf casino website on Sunday, January 20. The win represented an over-34% besting of the previous record, a jackpot of €11.7 million (app. US $15.9 million) won in September 2011 on the same slot-game title., a leading independent online gaming portal, sees this most recent as simply part of a greater trend in internet casinos: “The record-breaking win can also be attributed in part to the general increase in the growth of progressive jackpot networks online. As progressive jackpot slots typically accumulate their big payouts based on the earnings of the game at several casinos, the larger the casino network gets and the more popular the slot game becomes, the bigger the progressive jackpot.”

Indeed, a brief look of today’s two major players in the progressive slot software game, Microgaming and Net Entertainment, bear out this assessment. As of January 2013, the Microgaming Progressive Jackpot Network, reportedly the largest in operation online and now including 41 game titles, had awarded over €320 million (approximately US $427.2 million) since 2000. But over one-third of that total (€95 million/US $146 million) has paid out over the last four years and Microgaming progressive slots created more instant millionaires in 2012 than in the previous three years combined.

Meanwhile, the past two record wins have established Net Entertainment as a competitor to the bigger Microgaming. Having first introduced progressive slots a few years ago, Net Entertainment’s business relationships with larger, all-purpose gambling sites such as William Hill, Sporting Bet, and others has pumped up the network to the point of regular eight-figure payouts.

LiveCasinoDirect will continue to follow all the trends in progressive jackpot slots as bigger and bigger wins hit ever more frequently. For free play on slots by Microgaming, Net Entertainment and dozens of other online slot providers, visit today.

About LiveCasinoDirect
Launched in 2006, LiveCasinoDirect is the flagship website of Northern Lights Holding Ltd. is an online casino portal featuring a catalog of over 1,000 playable free games with no download necessary. The site also contains information on internet casinos, player bonuses, industry news and other items of interest to players.
Contact Information
Northern Lights Holdings Ltd.
Paul Marton

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