If you are a BetMGM player, you are probably among the group of players who are right now considered to be the luckiest players of 2022. What luck? Two weeks ago, the parent company released a press statement revealing that the total amount that had been paid out to winners on their platform was $104.4 million. This is with regard to progressive jackpot payouts to online casinos players both in and outside the NJ gambling market.
In terms of the state that had the highest payouts from BETMGM progressive jackpots, New Jersey ranked No. 2 with $30.2 million, right after Michigan which paid out ($38.3 million. The gambling market of Pennsylvania came at position three having awarded their players a total of $28.9 million. Commenting on the payout made last year, chief revenue officer of BetMGM, Matt Prevost, recently expressed the company’s delight in getting to and even eclipsing the $100 million mark for payouts to BetMGM Casino jackpot winners.
Prevost is convinced that the company’s commitment to innovating casino games that resonate with the needs of its customers is working well for the business. Future plans of the company involve expanding their product portfolio and aligning its offerings to industry trends. He further reports that his team is eager to engage gambling enthusiasts with some of the highest progressive jackpots in the United States in the coming years. By partnering with top-of-the-range developers and gaming suppliers, this pledge is as good as accomplished.
What we cover
Slot players from NJ top the pack
It has been long said that the gaming spirit in New Jersey is on another level – players want to try out new games as they are released and the betting companies compete on which games have the greatest appeal. To assist BetMGM Casino to achieve its objectives in business requires joint action from like-minded individuals. The network that operates under the BetMGM license is made up of BetMGM Casino, Borgata Casino online, and PartyCasino.
Speaking of the type of games that this network offers to its players, some players have discovered that there are uniform games which they can access from any of the operator’s three skins. If you are looking for the most popular, consider the likes of MGM Grand Millions, Mirage Mega Magma, Loot’En Khamun, Bison Fury, and Dead Sea Scrolls. Based on media reports comprising of some of these games in the past, it is normal that some should sound familiar compared to others. Bison Fury has been trending on BetMGM related news since April following the $2.8 million win that took place back in April.
The reason this game stands out as a BetMGM classic is that, it was the company’s biggest jackpot win payout in 2022; the winner was a resident of New Jersey. In another incident of a Bison Fury game jackpot that was won last year, the casino reported that it was the largest payout they had ever had and the amount won by a NJ player was $2.2 million.
Leading the market of wins
By awarding large sums of money to their players from jackpots, companies such as BetMGM are present when their players get an opportunity to turn their life around. Being at the top of the payout list means that players are confident of the company’s ability to pay wins; no wonder they flock online platforms to try their luck. Even though the road to success is difficult, everyone enjoys being on the winning team. Actually, every hustle that a player ever went through as they scaled up melts away when an achievement is attained.
According to a recent press release, BetMGM controls a national online casino market share of about 29%. Aside from the states where most people are aware of the brand’s existence, it has operations in West Virginia as well. Well, the secret to this massive success lies in their ability to strike a balance between in-house produced slots and engaging content from our fantastic suppliers. According to an explanation provided by the company’s executives, most games are inspired by the stories of players. It is even more encouraging for the company when they hear life-changing stories from the players they serve.
From a revenue point of view, the NJ online casino market continues to perform well because of the efforts of brands like BetMGM. The fact of the matter is that BetMGM plays a huge role in propelling Borgata Hotel Casino & Spa to the top of the list of the eight Atlantic City casino license holders. Looking back to December revenue results, Borgata and its online casino partners managed to earn nearly a half-billion ($496.3 million). The market in general reported more than $1.66 billion. Golden Nugget managed to finish 2022 by a distant second with $431.7 million.
The New Jersey Division of Gaming Enforcement keeps a record of all the jackpots won and paid out from both online and land-based casinos. This record is updated on a monthly basis and this is inclusive of two BetMGM payouts that are more than $100,000. One player was awarded $103,800 from a win on Gold Volcano while the other won $142,780 from Cleopatra Mega. As a matter of principle, those wins do not measure up to the amount won by the most recent winner. Just two weeks ago, a mystery person in New Jersey managed to win $2.8 million from a mere $2 bet on MGM Grand Millions.
Final Thoughts
Apart from developing games and creating an exciting environment for players on their platform, BetMGM is also involved in programs that promote the social well-being of players. Responsible gaming for instance is a huge agenda in the company’s operations and all players are encouraged to get involved. Solutions such as self-exemption are suggested for players that feel that their gambling habits pose a threat to their mental well-being.
