(PRESS RELEASE) -- Online instant win games supplier IWG has agreed a deal to launch an exciting new range of jackpots powered by the RNG engine of London-based technology company RISQ.
The insurance-backed solution enables the creation of non-networked prize pots worth up to £25 million on a wide number of game types and channels.
The new offering, which will be rolled out in the next few months, will be the first of its kind in the market, opening up the opportunity for operators to harness the acquisition and retention qualities of jackpots. RISQ's B2B Director, Tom Mitchell, said the deal was the first step in RISQ's push to help their pre-eminent partners maximize margins and revenues.
He said, "Our Jackpot RNG delivers a rare blend of cutting-edge technology, customized development and sophisticated risk management. It's great to see a progressive supplier like IWG recognize both our flexibility and scalability. It's a combination that enables them to offer operators robustly insured instant win content on jackpots."
Using adjustable odds, flexible jackpot totals and variable pay tables, RISQ allow operators to build their own unique jackpot games.
Rhydian Fisher, CEO at IWG, said, "We're pleased to announce our first collaboration with RISQ. It's a relationship that I'm sure will only continue to grow and prosper. We're committed to delivering the very best instant win games that entertain and engage players, and RISQ's flexibility and escalating limits set them apart in our book.
"As the market develops, it's ever more critical to harness the ability to offer huge jackpots, which enhance the playability of our games suite, and this partnership with RISQ secures that future."
RISQ, licensed by gambling regulators in the U.K. and Alderney as well as having an insurance licence, also offer hedge bets and insurance on the outcomes of over 50 international lotteries.
Equally importantly, RISQ's technology runs off the latest software, which both vets and protects data with automated timestamps and the most robust anti-interference systems available.
In addition, they have access to A-rated insurance limits of up to £250 million.
With their unique structure and technology, this B2B-only platform allows affiliates, operators, platforms and game developers the opportunity to access and use jackpots in a scalable and flexible way.