White Hat Studios has achieved a major milestone by winning the prestigious Gaming Product of the Year award at the 2024 American Gambling Awards for its innovative Jackpot Royale™ feature.
This recognition underscores the transformative impact that the progressive jackpot system has had on player engagement and revenue growth across the online gambling industry.
The American Gambling Awards, organized by Gambling.com Group Limited (Nasdaq: GAMB), celebrate the companies and individuals who have played a pivotal role in shaping the regulated U.S. online gambling market. The awards are widely regarded as a benchmark for excellence within the sector.
Jackpot Royale™, a dynamic jackpot system that offers players thrilling opportunities to win large prizes, has become a standout product in the industry. White Hat Studios has consistently integrated this feature into new and existing games, bringing a fresh and engaging experience to players while providing operators with a sustainable and cost-effective tool for growth.
“Winning Gaming Product of the Year is a testament to our dedication to creating memorable gaming experiences,” said Andy Whitworth, CEO of White Hat Studios.
“Jackpot Royale™ has revolutionized the player experience, delivering exceptional results by combining exciting jackpot opportunities with a self-sustaining model. We are eager to continue expanding this innovative feature across new titles and enhancing existing ones to drive further engagement for our operator partners.”
Since its launch, Jackpot Royale™ has proven to be a major success, with more than $15 million in jackpot prizes paid out to players across the U.S. during the judging period. Its integration into games on a monthly basis allows operators to continuously refresh their content offerings without the need for constant re-development, making it a cost-effective solution.
The product has garnered praise for its unique three-tier jackpot system, which offers players the chance to win one of three progressive jackpots:
Maxi Jackpot: An average payout of $5,000.
Major Jackpot: An average payout of $25,000.
Jackpot Royale: The top prize, averaging $175,000.
In its first year alone, the feature has been integrated into 30 games and awarded $15.4 million to 950 U.S. players. The jackpot system operates on a self-sustaining model, with a 1% contribution from every bet funding the reseeding of the jackpots, ensuring operators can maintain the excitement without incurring additional costs.
The product’s unique mechanics have caught the attention of industry leaders. Charles Gillespie, CEO of Gambling.com Group, praised White Hat Studios for their groundbreaking work:“Congratulations to White Hat Studios for their outstanding achievement with Jackpot Royale™, which has rightfully been recognized as the Gaming Product of the Year. Jackpot Royale™ has redefined the player experience by combining the thrill of jackpot opportunities with an efficient, self-sustaining model.
The judging panel was particularly impressed by the three-tier system and the product’s cost-effectiveness, which provides both excitement for players and tangible value for operators.”
With its continued integration into new titles and revitalization of existing games, White Hat Studios’ Jackpot Royale™ is set to maintain its upward trajectory. The feature's combination of excitement, innovation, and operational efficiency has solidified its place as a game-changer in the iGaming industry, with operators and players alike eager to see what comes next.
As the U.S. online gambling market continues to evolve, White Hat Studios is well-positioned to lead the way with products like Jackpot Royale™, which deliver both entertainment and value across the board.
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