UIGEA Impact on Online Casino Progressive Jackpots

Progressive jackpots are jackpots that don't stop growing until the jackpot is hit. Players love progressive jackpots as it gives them the chance of winning a massive amount for a relatively small bet.

A moderator on the Winneronline message board pointed out an interesting point – that the anti-online gambling bill will have a strong impact on the rate at which progressive jackpots grow, particularly in online casinos that have withdrawn from the US market.

For months now, the InterCasino Millionaires Club progressive jackpot has been setting new records, first as it passed $2 million, then $3 million, then $4 million and now sits on an amazing $4,770,148 (at time of writing).

Because of its size, this particular progressive jackpot has been growing exponentially as people who wouldn't normally play the Millionaires Club Slot finding themselves trying out the game for a shot at almost $5 million (this writer included).

But Cryptologic, which powers the software InterCasino uses, was among the first of the online gambling networks to withdraw from the US market following the anti-online gambling bill passing through the Senate.

The moderator tried to measure the growth in the Millionaires Club jackpot from the date InterCasino stopped accepting US wagers. The results were alarming, if you love playing Online Slots with progressive jackpots. The moderator found that until the UIGEA, the jackpot was growing at around $11,000 per day, but since InterCasino stopped accepting US wagers, growth has slowed. The jackpot is now growing at around $6000 per day.

On the plus side, those not living in the US now all have a better chance of winning this record-breaking progressive jackpot. But once someone hits the lucky combination of reels, it will take a long, long time to ever rise back up to its present giddy heights.

Ed note: You can get an instant 100% to $100 bonus at InterCasino to help with your shot at winning the $5 million progressive jackpot!

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