While listening to the stories given by most jackpot winners from casino games, one gets the impression that gambling is indeed a game of luck. That is a truth that many gamblers are not in tune with from the time they start to engage in gambling activities. For most people, gambling is a means of making money – others even go as far as predicting the amount of money they will make with every bet.
According to a gambling news article, a casino player has in the recent past won a jackpot by playing an online slot. The resident of New Jersey has been declared $930K richer from a win they landed on by playing the online version of the wheel of fortune title. According to the press release, the player hails from Gloucester City and met his good fortune by playing on the BetMGM online casino platform.
While it is possible to predict the events of possible wins against losses as far as sports betting is concerned, slots are far more unpredictable. With slots, neither the experience of a player nor their luck history plays an insignificant role in the present circumstances. Most slot players are aware of the fact that a newbie can win on their first attempt what a veteran has failed to bag in decades.
According to casino data compiled from the state of New Jersey this almost $1 million jackpot win is position four in the entire state in terms of the amount of money involved. In 2021 alone, this current jackpot win ranks at number two. According to vice president of gaming at BetMGM, Matthew Sunderland, the win is simply amazing.
The fact that this win was realized on their platform makes the management extremely proud of their involvement in changing the lives of their players. BetMGM has a large population of active players in New Jersey who place their hard-earned money on the line every single day.
It is true that a win took place on the BetMGM but it is also true that the jackpot was open on many other online platforms. This means that there was no way that the location of a player could influence where and when the jackpot would be unlocked. A casino will marvel at the reality that the player won from their slots but what they are indeed excited about is the publicity that the win brings to their business.
This win is a demonstration that the casino business seeks to reward players from time to time. Even though a jackpot might remain active for an extended period of time, it is eventually going to be won. Sunderland also reveals that his company is eager to build a strong portfolio of games for its New Jersey market and the US as a whole.
What we cover
The new top dog of New Jersey
BetMGM has been leveraging on the gambling license issued to Borgata Hotel Casino & Spa’s casino to conduct its betting activities in NJ. This is not new and in a way is a demonstration of the business maturity of the players acting in this market. Some of the businesses that run under the BetMGM banner in New Jersey are PartyCasino, Borgata Casino and BetMGM Casino.
There are also casinos which operate outside of the main BetMGM brand but which are in fact supported by the Borgata license; Pala Casino and Scores Casino. Since its installation in Atlantic City, Borgata has more or less upheld its performance for a great part of the 18 years it has been in business. Of late, the brand which is a subsidiary of MGM Resorts International property has begun investing heavily in digital gambling products.
Over the month of August, the trio of PartyCasino, BetMGM and Borgata topped the NJ online betting scene. When the performance of the three markets was combined for the eight month of the current year, it emerged that they made more than $264 million revenue. This amount is higher by 129% compared to what was achieved for the similar financial period in the previous year.
Other spectacular New Jersey jackpots in 2021
2021 started on a lucky note because the first jackpot of the year was won on the second day of the first month. This win involved a player who had logged into their 888Casino online account only to bag $1.54 million by playing Millionaire Genie. So far, Atlantic City has produced two mega jackpot winners playing from its established betting brands.
A month ago, the largest jackpot of the year was recorded at the Resorts Casino Hotel. It involved a guest who had placed a bet on a Wheel of Fortune Pink Diamond spin only for them to walk out with $1.644 million as prize money.
Another spectacular win was reported in July when someone playing the Golden Wins slot at the Harrah’s Resort in Atlantic City won more than $1 million. Although the exact amount involved in this win remains unknown, they most definitely returned home with a new status.
Responsible gaming
Most people who indulge in betting are aware of the risks involved, the biggest of which is money loss. Well, there is another equally damaging risk if not worse; problem gambling. For many online gaming brands, a player must read through the user agreement before creating an account. Most people will go ahead even without having read a word from the agreement.
It makes sense therefore that betting companies have a tab for responsible gaming on their homepage. Players must be reminded all the time that money placed as a bet is not an investment; it is basically money paid to have a good time. This removes expectations from the gambling exercise which a lot of people easily fall for.
Final Thoughts
Winning a jackpot is a great achievement but it does in any way speak of the ability of an individual. Sticking around casinos betting in the hope of winning a jackpot is therefore not a good idea – you might have signed up for a dead end.
