Insurance-backed business-to-business online gaming platform programmer, RISQ Capital Limited, has announced that it recently paid out its first £25 million ($32.47 million) jackpot via the HappyPay sweepstakes and competitions service.
Award for a lucky player:
Based on an official Tuesday press release published by European Gaming Media and Occasions , the London-established innovator explained that one lucky receiver took home the most life-changing award after entering one of the many free-to-play prize draw contents provided by HappyPay across a range of eCommerce domains.
Valuable invention:
RISQ Capital Limited said that its iGaming insurance program enriches player acquisition and retention rates by enabling operators to provide scalable non-network prizes worth up to £150 million ($194.83 million) via a wide portfolio of channels and game forms. The programmer declared that it succeeds with HappyPay just over one year ago and has since helped the supplier to drive traffic, sales and customer engagement with daily competition entries rising by some 150%.
Worth of connections:
Tom Mitchell, Business-to-Business Director for RISQ, proclaimed the record-setting jackpot provided proof of his firm’s ability to honor some of their business ’s biggest cash prizes via its connections with A-rated re-insurers.
Mitchell’s announcement read…
“As volumes increase on our insurance system, lottery payouts will become increasingly more regular. Finally, in the event of any jackpot win, our customers rely on our ability to cover out quickly and without any hidden complications. I certainly feel that we’ve demonstrated this capability with HappyPay. As we grow and grow, our goal is for the platform to provide customers access to any winnings within one day. By continuing to increase our technology, procedures and reinsurance contracts, I believe this is a realistic target.
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