Microgaming Pays Out $280 000 000 In Winnings

Submitted by Beth on Fri, 2010-07-09 at 14:05

Microgaming is one of the leading names in online casino software, with hundreds of games under its belt and powering hundreds of gambling websites. It is safe to say that millions of bets have been processed by Microgaming, and now the company has hit another milestone. Today, Microgaming has paid out $280 000 000 in winnings.

The number is shocking, but Microgaming has worked hard to reach this point. The CEOs at the company got in on the ground floor of the online gambling boom, and has steadily produced quality casino games for a vast number of online casinos over the years. Even during times of financial crisis across the world, Microgaming maintained its dedication to releasing new games every month, which kept the company float and relevant.

Microgaming also has a near-monopoly on the online gambling market. There are close to 100 different online casinos powered by Microgaming software. Its closest competitors are Cryptologic and PlayTech but Microgaming sets itself apart from the rest of the industry with its massive progressive jackpot network and it’s uncanny desire to actually want to give away money.

While many software developers continue to struggle due to the after effects of the global recession, Microgaming is still going strong. It is unlikely that the company will slow down anytime soon, so we can look forward to newer and more innovative games from Microgaming for years to come.