EveryMatrix Secures MGA Approval for New Jackpot Engine
The Malta Gaming Authority (MGA) has approved EveryMatrix’s JackpotEngine, a gamification solution. The product enables brands to add a bespoke jackpot feature to any game, and the MGA approval will allow EveryMatrix to offer it to hundreds of brands licensed by the authority.
Integrated through EveryMatrix's productivity platform, CasinoEngine, JackpotEngine is a comprehensive Jackpot Management System enabling operators to easily build, configure, and manage local jackpots on any game available through the casino and player segments, greatly increasing acquisition and retention rates.
An analysis of core game session data for two comparable EveryMatrix customers revealed impressive results after their games were assigned to a JackpotEngine-powered jackpot. The number of rounds per session increased by 25% and 11%, and the average bet amount rose by 30% and 50%, respectively.
JackpotEngine has been designed to be legal in jurisdictions where bonus offers are limited by local regulations. Operators are able to control the range of games with a jackpot offer, as well as player segmentation, winning probability, seed amounts, winning cap, contribution distribution, and the division of contribution funding between operators and players. They can also access real-time monitoring and reporting of jackpot transactions.
The testing we’ve done in the first phase of release has shown exceptional uplift in-game rounds, session times, and bet size so we’re confident JackpotEngine will be a game changer. I’m delighted with the MGA approval, and this will significantly boost the product’s rollout in the months to come.