New GBP 25 mill jackpot RNG launched by RISQ

London-based technology company RISQ has launched a gaming industry first with the development of a random number generator platform boasting jackpots of up to GBP 25 million.

The insurance-backed solution is suited to a range of games, including slots, tables games, lottery, keno, bingo, and instant win, and can be tailored to the individual needs of the operator or game developer, a company statement advised Friday.

Each integration offers adjustable odds, flexible jackpot totals, and variable pay tables, allowing operators to build their own unique jackpot games, with no reliance on cross-network liquidity, providing a risk-free customer acquisition and retention tool for betting and gaming brands.

The RISQ product will initially cater for jackpots up to GBP 25 million – but there are plans in place to quadruple that limit to GBP 100 million, the company advises..

Tom Mitchell, RISQ’s director of business-to-business operations, claims the new platform is a game-changer for the industry and will help partners increase margins and maximise revenues.

“In a market where demand for huge, scalable jackpots is increasing, our Jackpot RNG delivers a combination of technology, tailored development, and sophisticated risk management,” he said. “No matter what game is chosen to utilise its framework, jackpots have a proven and unique ability to deliver new customers, build loyalty, enhance retention, and facilitate expansion into new markets.”

RISQ is licensed by gambling regulators in the UK and Alderney, and has an insurance licence, enabling it to offer hedge bets and insurance on the outcomes of over 50 international lotteries.

In addition, the company has access to A-rated insurance limits of up to GBP 250 million in multiple currencies and a GBP 10 million Jackpot limit dedicated to sporting-outcomes.

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