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NEW ONLINE GAMBLING PROGRESSIVE GAME IMMINENT

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发表于 2007-5-30 10:15 | 显示全部楼层 |阅读模式
"Megaz Bucks" will raise the bar in excitement, claims developer

Online gambling software provider Magnus Entertainment Group is busy building some impressive publicity hype this week on a new progressive jackpot game from its subsidiary Magnus Gaming Technologies Ltd.  Branded "Megaz Bucks", not much is known about the game and its potential rewards despite all the publicity.

Magnus Entertainment Group (formerly California-based Veridigm Inc.) restructured recently to operate through three wholly owned subsidiaries: Magnus Marketing Systems, Magnus Gaming Technologies Ltd, and Magnus Showbiz.

Without specifiying amounts, the company's press material claims that Megaz Bucks will "....allow its gaming operating customers to offer the largest progressive jackpot game to ever be offered on the Internet" and "....raise the jackpot bar in the industry creating both gaming operator and player excitement."

Progressive style jackpot games continue to generate global media and player attention. Unlike the Powerball, MegaMillions, or EuroMillions gaming models that have state-to-state or border-to-border restrictions, the 'online progressive model' that the Megaz Bucks will provide offers few restrictions, no boundaries and is applied to the 'international' online gaming community excluding the USA, says a company press release.

Magnus Entertainment has ambitious plans for the future, it appears. A company spokesperson said that a premium level of products and entertainment services will continually be developed and provided by the Magnus Group of companies.  Working through the company, gaming operators can power websites using software that it claims generated more than $125 million in wagering in '06.

Magnus Gaming Technologies has an important role in the group's expansionist plans. It will be responsible for all efforts surrounding the maintenance, creation, development, enhancement and acquisitions of gaming related software as well as oversee sub-licensing to other parties.

The company recently signed an exclusive, royalty bearing software license with an unidentified supplier that enables it to sub-license, to use all patent rights, software, applicable trademarks and other intellectual property to which licensor has the rights.

The newly licensed software brings with it a library of 48 games that include Table Games, Keno, Video Poker, 5 Reel Slots and 3 Reel slots. The software has been in use for more than 9 years and provided to the licensor the platform to generate over $125 Million in wagering last year alone. Revenues to the Magnus commenced from May 1st, 2007.
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