Lucky Archives - Keno Wizard https://kenowizard.com/tag/lucky/ The Ultimate Keno Destination for Odds, Tips & Tricks Thu, 16 May 2024 06:13:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Lucky Archives - Keno Wizard https://kenowizard.com/tag/lucky/ 32 32 230792155 Lucky Four Winds Gambler Turns $5 Bet into $500K Jackpot https://kenowizard.com/2024/05/16/lucky-four-winds-gambler-turns-5-bet-into-500k-jackpot/ https://kenowizard.com/2024/05/16/lucky-four-winds-gambler-turns-5-bet-into-500k-jackpot/#respond Thu, 16 May 2024 06:13:25 +0000 https://kenowizard.com/2024/05/16/lucky-four-winds-gambler-turns-5-bet-into-500k-jackpot/ A gambler from Schaumburg, Illinois, was visiting the Four Winds Casino in New Buffalo for a few bets. The guest, who chose to remain anonymous, however, did not expect to return home 536,614-dollar-richer. According to the operator, the Illinois gambler was playing a Dollar Storm Wild Ninja slot machine at the casino on April 28 [...]

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A gambler from Schaumburg, Illinois, was visiting the Four Winds Casino in New Buffalo for a few bets. The guest, who chose to remain anonymous, however, did not expect to return home 536,614-dollar-richer.

According to the operator, the Illinois gambler was playing a Dollar Storm Wild Ninja slot machine at the casino on April 28 when they hit the jackpot. The jackpot was won on a $5 bet, the Four Winds casino noted.

Dollar Storm Wild Ninja sports a progressive jackpot that increases over time. At the time of the Illinois gambler’s win, the jackpot stood at $536,614.25.

This is not the first time a Four Winds Casino property has paid out such a significant sum. The tribal casino chain operates four casinos across Michigan and Indiana and has paid out a whopping $3.2 million in jackpots since March.

Two of the most recent ones included a $177,894.30 progressive jackpot that was won on April 30 by a guest player from Indiana. The player in question was enjoying a Double Blessings slot machine at Four Winds South Bend and won the jackpot on a $0.88 bet.

Another visitor from Indiana won a $104,500 jackpot on May 2 after placing a $100 bet. That player was tackling a Mystical Mermaids slot machine at Four Winds South Bend. All players in question preferred to remain anonymous.

Four Winds Is Happy to Change Players’ Lives

In an official statement, Four Winds Casinos’ chief operating officer, Mary Smith, expressed her team’s excitement about the recent jackpots. She said:

Four Winds Casinos is very excited for all our guests that have recently won significant and life-changing jackpots at one of our four casino locations as well as our online casino.

Mary Smith, COO, Four Winds Casinos

The casino company confirmed that the progressive jackpots have now been reset.

Speaking of gambling in the region, a player from Indiana recently won $2,200 on a slot machine at the Blue Chip Casino in Michigan City. The man, however, asked another person to collect his winnings on his behalf to avoid having his ID scanned since he was falling behind schedule in terms of child support.

The man was charged with Level 6 felony cheating at gaming at La Porte Superior Court 4 and faces up to 30 months in prison.

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Lucky Player Wins Three Casino Jackpots in a Row https://kenowizard.com/2024/04/02/lucky-player-wins-three-casino-jackpots-in-a-row/ https://kenowizard.com/2024/04/02/lucky-player-wins-three-casino-jackpots-in-a-row/#respond Tue, 02 Apr 2024 17:23:54 +0000 https://kenowizard.com/2024/04/02/lucky-player-wins-three-casino-jackpots-in-a-row/ Many dream of winning the jackpot but few can imagine hitting three big prizes on the same day. Surprisingly, this is exactly what happened to a lucky Caesars player in Las Vegas. The player in question was visiting the Caesars Palace venue Tuesday night into Wednesday morning. As reported, the lucky player turned his stay [...]

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Many dream of winning the jackpot but few can imagine hitting three big prizes on the same day. Surprisingly, this is exactly what happened to a lucky Caesars player in Las Vegas.

The player in question was visiting the Caesars Palace venue Tuesday night into Wednesday morning. As reported, the lucky player turned his stay into a $667,750 payday after hitting three big prizes in the span of several hours.

According to Caesars, the anonymous player’s first win came at around 9:30 pm. The player won $125,000 playing Aristocrat Gaming’s Dragon Link slot. Instead of taking his prize home, the player remained around and later won another $383,500 playing on a similar machine. The second win, according to reports, came a bit before 11 pm. The player, however, still hadn’t gotten enough and, at around 12:30 am found himself winning another $159,250.

Reports say that the player won each of the big prizes via $25 bets. Although the player won a total of $667,750, the sum he took home was likely smaller because of casino taxes.

Caesar Entertainment did not release further statements on the matter.

The Caesars Palace Guest Was Not the Only Lucky Player

Earlier this month, another Caesars player, this time playing online from New Jersey, hit a $440,000 jackpot. This was notably the largest prize won on Caesars Palace Online Casino to date.

In other news, several more players won prizes of $1 million after failing to match the Powerball. Had one of them guessed all numbers correctly, they would have been in for a payday of almost a billion dollars.

As a result, the jackpot has risen to $975 million for the next drawing with a cash value of $471.7 million.

Elsewhere, a French couple just won the €73 million EuroMillions jackpot. In Michigan, on the other hand, a woman took home some $791,957 after spending a small lottery win on an additional ticket.

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Lucky Player Hits Second Dream Drop Jackpot for the Year https://kenowizard.com/2024/03/22/lucky-player-hits-second-dream-drop-jackpot-for-the-year/ https://kenowizard.com/2024/03/22/lucky-player-hits-second-dream-drop-jackpot-for-the-year/#respond Fri, 22 Mar 2024 20:52:18 +0000 https://kenowizard.com/2024/03/22/lucky-player-hits-second-dream-drop-jackpot-for-the-year/ The leading supplier of unique casino games and iGaming aggregator, Relax Gaming, announced that it made another lucky only player millionaire thanks to a Dream Drop Jackpot win. The company confirmed Friday that a player at Unibet casino secured the latest Dream Drop Jackpot, pocketing a whopping €2.7 million ($2.9 million) prize. The latest mouth-watering [...]

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The leading supplier of unique casino games and iGaming aggregator, Relax Gaming, announced that it made another lucky only player millionaire thanks to a Dream Drop Jackpot win. The company confirmed Friday that a player at Unibet casino secured the latest Dream Drop Jackpot, pocketing a whopping €2.7 million ($2.9 million) prize.

The latest mouth-watering prize represents the second grand prize from Dream Drop Jackpot for the year so far and fourteenth overall. The monumental win comes after back in January, a lucky player hit the thirteenth Mega Jackpot drop and the first for 2024.

To secure the grand prize, the customer played Print Studios’ Pine of Plinko Dream Drop via Unibet. Ultimately, the lucky online gambler was able to hit the grand prize after placing a tiny €3.50 bet. Besides Dream Drop, Pine of Plinko Dream Drop offers other engaging features, including multipliers, feature bet and Pinko Bonus, among other functions.

David Robertson, the director of casino and gaming at Kindred, Unibet’s parent company, was excited about the latest win. “The Dream Drop Jackpot has quickly become known for allowing players to win incredible jackpots, adding a layer of excitement to the gameplay experience, we are delighted to see the latest winner play at our casino,” he said. Finally, Robertson congratulated the lucky player.

Relax Gaming Enjoys a Wonderful Start of the Year

Filip Wargeus, Print Studios’ CCO, was also excited about the recent jackpot win. He said that the company strives to offer engaging and rewarding experiences to its players. This is why, Wargeus said, Print Studios decided to add the popular Dream Drop Jackpot feature into Pine of Plinko. In conclusion, he pointed out: “We have seen great levels of engagement with the game and we are thrilled to have seen a millionaire made playing one of our titles.”

Back in 2023, Relax Gaming was recognized with the Product Launch of the Year award by the GGA for its Dream Drop Jackpots. As a leading supplier of online casino games, the company offers more than 4,000 quality titles. Forging partnerships with iGaming operators and aggregators, Relax Gaming successfully grows the reach of its games.

To have created two millionaires so early in 2024 is a wonderful start to the year for our portfolio of Dream Drop titles.

Simon Hammon, CEO at Relax Gaming

Simon Hammon, Relax Gaming’s CEO, revealed that it is exciting to see two millionaires early in the year, who have secured huge Dream Drop Jackpots. While he said that last year will be remembered considering the number of jackpots won, Hammon also predicted that the company may surpass previous records this year.

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Lucky Player Hits Mega Moolah Jackpot Worth €6.6 Million https://kenowizard.com/2024/03/08/lucky-player-hits-mega-moolah-jackpot-worth-e6-6-million/ https://kenowizard.com/2024/03/08/lucky-player-hits-mega-moolah-jackpot-worth-e6-6-million/#respond Fri, 08 Mar 2024 15:25:23 +0000 https://kenowizard.com/2024/03/08/lucky-player-hits-mega-moolah-jackpot-worth-e6-6-million/ Games Global, the famous international supplier of gaming content for online casinos, has announced that its legendary Mega Moolah Mega Jackpot has created another millionaire after a lucky player grabbed 6.6 million euros after having hit the jackpot. The exact sum that the player won on Mega Moolah was 6,689,308 euros and the bet that triggered [...]

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games_global_progressive_jackpot_mega_moolah_awards_e6_6_million_Games Global, the famous international supplier of gaming content for online casinos, has announced that its legendary Mega Moolah Mega Jackpot has created another millionaire after a lucky player grabbed 6.6 million euros after having hit the jackpot.

The exact sum that the player won on Mega Moolah was 6,689,308 euros and the bet that triggered the win was worth just 3 euros. This is the first Mega Moolah Mega Jackpot won since the start of the year, the last time it was won was on 24 December 2023 and that hit was worth 13.5 million euros.

Mega Moolah and its progressive jackpot has been on the market for over 17 years as the game was launched all the way back in November 2006. Since then, the legendary online casino game had ten jackpot winners and awarded prizes worth more than 700 million euros.

The game has four reels and 25 paylines and it features wild symbols that can double wins, free spins bonuses that triple wins, plus four different Mega Moolah progressive jackpot tiers.

Games Global has built a reputation for paying out large sums of money on progressive jackpots. Moreover, the gaming content supplier boasts an impressive win ratio in its games with a winning spin coming every 14 seconds on average.

Huge Jackpot Hit Before Christmas

Before the end of 2023 Games Global set a new record that will be extremely hard to beat as a lucky player managed to hit its WowPot! progressive jackpot and take home a whopping 38.4 million euros!

That landmark win set a new record for the industry and crushed the previous record which was recorded on the Mega Moolah jackpot and was worth 19.4 million euros. The lucky hit came on Wheel of Wishes, a game that was launched in 2020.

Games Global has an entire network of progressive jackpots, alongside WowPot and Mega Moolah the company also offers Maple Moolah for the Canadian province of Ontario and King Millions, a brand new product which was launched in July 2023. King Millions has also been made available in Ontario in November 2023.

Source:

“Games Global progressive jackpot Mega Moolah™ awards €6.6 million“, gamesglobal.com, March 6, 2024.

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Vegas Casinos Pay Out Millions in Jackpots to Lucky Players https://kenowizard.com/2024/03/05/vegas-casinos-pay-out-millions-in-jackpots-to-lucky-players/ https://kenowizard.com/2024/03/05/vegas-casinos-pay-out-millions-in-jackpots-to-lucky-players/#respond Tue, 05 Mar 2024 14:04:12 +0000 https://kenowizard.com/2024/03/05/vegas-casinos-pay-out-millions-in-jackpots-to-lucky-players/ Casinos on the Vegas Strip and beyond have paid out millions of dollars in jackpots to players over the past few days. This has highlighted the gambling industry’s potential to change lives and reward lucky customers. Lucky Customer Makes It Look Easy, Wins Two Jackpots in a Row Speaking of luck, one of the aforementioned [...]

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Casinos on the Vegas Strip and beyond have paid out millions of dollars in jackpots to players over the past few days. This has highlighted the gambling industry’s potential to change lives and reward lucky customers.

Lucky Customer Makes It Look Easy, Wins Two Jackpots in a Row

Speaking of luck, one of the aforementioned jackpot winners won not one but two jackpots, hours apart. The fortunate player was firing up the reels of slot machines at Caesars Palace Las Vegas when they won their first prize.

After winning $165,000 at 5 am, the player continued playing for a few more hours. Five hours later, the same player struck another prize, this time winning a staggering $545,000.

Overall, the player’s journey to the casino turned into a $710,000 payday. The lucky Caesars customer preferred to remain anonymous and did not disclose their plans for the money.

Caesars Rewards Member Wins Over a Million

Caesars Palace was not the only Caesars-owned Vegas property to pay out a huge jackpot. A week ago, a Planet Hollywood Resort & Casino visitor won a jackpot of over a million dollars.

The customer, who was a Caesars Rewards member, visited the casino to play some Pai Gow Poker. To their surprise, they hit the mega progressive jackpot, receiving a whopping $1,208,521.

For reference, this jackpot was won on February 28.

Casinos Outside the Strip also Made People Rich

Beyond the Vegas Strip, a number of other Vegas casinos also turned their customers’ lives around by paying out huge prizes. These included a $450,600 jackpot from a $10 bet at Red Rock Casino on Friday. The huge prize was won by a lucky Double Double Bonus Poker player.

A day later, Red Rock paid out jackpots to a Super Double Double Bonus Poker player. After winning $200,000, the customer proceeded to play and, mirroring the Caesars Palace player, won a second jackpot, this time scooping up $160,000.

Green Valley Ranch Nevada, on the other hand, paid out $595,800 to a lucky player from Arizona.

Speaking of winners from Arizona, a visitor of the Inn of the Mountain Gods in New Mexico just won a record-breaking award for the casino. After wagering $3.75 on a slot, the woman claimed a huge $1.13 million prize.  

On the topic of jackpots, the Powerball jackpot hit $443 million for the recent drawing and, after not getting claimed, no stands at $485 million. The next drawing is scheduled for March 6.

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Lucky Las Vegas Gamblers Secure Multiple Jackpots https://kenowizard.com/2024/02/14/lucky-las-vegas-gamblers-secure-multiple-jackpots/ https://kenowizard.com/2024/02/14/lucky-las-vegas-gamblers-secure-multiple-jackpots/#respond Wed, 14 Feb 2024 04:57:02 +0000 https://kenowizard.com/2024/02/14/lucky-las-vegas-gamblers-secure-multiple-jackpots/ Lucky gamblers at several casinos in Las Vegas secured a number of jackpots over the last week. The announcement follows the Super Bowl LVIII weekend that attracted fans from across the nation who wanted to see the game between the Kansas City Chiefs and the San Francisco 49ers. In light of the big game, Sin [...]

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Lucky gamblers at several casinos in Las Vegas secured a number of jackpots over the last week. The announcement follows the Super Bowl LVIII weekend that attracted fans from across the nation who wanted to see the game between the Kansas City Chiefs and the San Francisco 49ers. In light of the big game, Sin City posted record-breaking betting results.

Focusing on jackpots, one lucky visitor at Wildfire, the premium gaming and entertainment venue in Las Vegas, will never forget their most recent visit. On Tuesday, the casino confirmed that one of its lucky visitors was able to hit a five-figure jackpot after wagering less than $2. Wildfire confirmed via its social media profile on X, formerly Twitter, that the lucky winner hit a $10,265.58 jackpot while playing Dancing Drums Prosperity. What’s exciting is that the jackpot was hit with a tiny $1.88 bet.

A Winning Jackpot Streak at Boulder Station

Before that, several visitors secured hefty jackpots when visiting Boulder Station, the luxury casino located minutes off the Las Vegas Strip. The winning streak started with two lucky visitors who hit the jackpot while playing Aristocrat Gaming’s Dragon Link. One of the visitors, identified as Christina S. hit a jackpot on Sunday, while the other lucky gambler, named Chandler, secured a jackpot from Dragon Link on Monday. While Boulder Station released pictures of the two lucky winners, it didn’t confirm the amount of the jackpot they won.

Again, on Monday, the premium casino location confirmed that another five-figure jackpot was won. One fortunate visitor playing Fu Dai Lian Boost hit a jackpot after a $44 bet. As a result, the lucky Boulder Station casino visitor took home the hefty jackpot prize of $11,874.

Separately, another jackpot dropped at Boulder Station recently. A person who placed a $25.00 bet on poker hit a sweet $8,534 jackpot, the premium Las Vegas casino revealed.

Elsewhere, in Maryland, a $5 million lottery jackpot winner confirmed he plans to keep his current job. The lucky lottery player won the grand prize after purchasing tickets for Maryland Lottery’s 50 Years! instant ticket lottery game.

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Lucky Player Lands Win of 3.7 Million Euros at NineCasino https://kenowizard.com/2024/01/24/lucky-player-lands-win-of-3-7-million-euros-at-ninecasino/ https://kenowizard.com/2024/01/24/lucky-player-lands-win-of-3-7-million-euros-at-ninecasino/#respond Wed, 24 Jan 2024 16:57:16 +0000 https://kenowizard.com/2024/01/24/lucky-player-lands-win-of-3-7-million-euros-at-ninecasino/ NineCasino, an international online casino brand, has announced that one of its customers was lucky enough to secure a win of almost 4 million euros with a bet that was worth just 20 cents. The life-changing moment was experienced by a player from Brazil. According to the statement released by the casino, the player logged [...]

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3.7_million_win_from_a_wager_of_less_than_0.20c_at_ninecasinoNineCasino, an international online casino brand, has announced that one of its customers was lucky enough to secure a win of almost 4 million euros with a bet that was worth just 20 cents.

The life-changing moment was experienced by a player from Brazil. According to the statement released by the casino, the player logged in just to spend a few entertaining moments and in the early hours of the morning of January 15th he managed to score the big win.

Staggering Multiplier

It all happened after just a few spins on the Wolf Blaze WOWPot! Megaways online slot which was released by Fortune Factory Studios, a well-known and appreciated provider of games for online casinos. The player triggered a staggering multiplier of x20,008,157.44 which led to a win of €3,760,840.37 euros.

Wolf Blaze WOWPot! Megaways is an online video slot which was released in April 2023 and, according to the casino, it represents more than a mega jackpot slot. The game packs the WOWPot feature, which is a four-tiered progressive jackpot originally developed by Microgaming, one of the oldest casino software developers in the iGaming industry.

The jackpots offered by WOWPot games can lead to such epic wins, amounting to millions of euros. Wolf Blaze WOWPot! Megaways features symbols such as cougars, wolves and eagles, and it also offers Wild Tokens on Extra Reels where the progressive bonus games can be found. The game also has Free Spins that can be triggered, along with several multipliers.

More About the Casino

NineCasino is promoted by Chilli Partners, a powerful affiliate agency, and it represents their flagship brand. The online casino has seven Wowpots available at the moment, including Book of Atem WOWPot and the Sherlock & Moriarty WOWPot.

The online casino also offers jackpot games from Pragmatic Play, including The Dog House Megaways, Joker’s Jewels and Gates of Olympus. Moreover, NineCasino has over 6,000 games in its offering, along with regular tournaments and promotions, plus several gamification features. The casino is currently available in 12 languages and it offers customer support around the clock.

Source: “A €3.7 million win from a wager of less than €0.20c at NineCasino!“. European Gaming. January 22, 2024.

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Lucky Las Vegas Visitors Collect Multiple Jackpots https://kenowizard.com/2024/01/16/lucky-las-vegas-visitors-collect-multiple-jackpots/ https://kenowizard.com/2024/01/16/lucky-las-vegas-visitors-collect-multiple-jackpots/#respond Tue, 16 Jan 2024 16:25:05 +0000 https://kenowizard.com/2024/01/16/lucky-las-vegas-visitors-collect-multiple-jackpots/ Aristocrat, the leading global games leader that operates in more than 90 countries across the globe, announced that one lucky traveler at Harry Reid International Airport in Las Vegas, Nevada, hit a million-dollar jackpot on Friday night. The company confirmed that the player, who enjoyed Wild Wild Buffalo hit the game’s jackpot, a staggering $1,031,199.36. [...]

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Aristocrat, the leading global games leader that operates in more than 90 countries across the globe, announced that one lucky traveler at Harry Reid International Airport in Las Vegas, Nevada, hit a million-dollar jackpot on Friday night. The company confirmed that the player, who enjoyed Wild Wild Buffalo hit the game’s jackpot, a staggering $1,031,199.36.

Wild Wild Buffalo is one of the fan-favorite games of Aristocrat. The slot game successfully combines the company’s iconic Buffalo brand together with the Wild Wild Cash-on-Reel pays. Moreover, players of Wild Wild Buffalo can expect thrilling experiences thanks to the game’s free spins, progressive multipliers and progressive awards.

Tiny Bets Award Five-Digit Jackpots

Elsewhere around Las Vegas, more lucky gamblers enjoyed a hefty payday. Namely, one visitor of Durango Casino and Resort in Sin City placed a small wager that resulted in a five-digit prize. While playing IGT’s Cats Wild Serengeti on Friday, the visitor placed a $0.80 wager.

Little did they know that this tiny bet would turn into a staggering $10,000 jackpot. Durango Casino and Resort did not disclose further details regarding the lucky visitor. Still, it is certain that they will always remember the recent visit that granted them a $10,000 prize with a bet of less than $1.

But that wasn’t the only jackpot that was won recently with a tiny wager. One visitor of Aliante Casino Hotel Spa located in North Las Vegas, was able to hit another mouth-watering jackpot with a dollar bet. Earlier this month, while playing Imperial Wealth Triple Sparkle, one visitor of the casino hit the $10,000 jackpot after placing a bet of only $1.80.

More recently, another visitor of Aliante Casino also pocketed a five-digit prize by playing video bingo. On January 9, 2024, the casino confirmed that one lucky guest won $10,000 from the game.

On Christmas Day, one Betway player was able to pocket a staggering progressive jackpot. The fortunate player was enjoying Book of Mega Moolah when unexpectedly he hit the game’s progressive jackpot, a staggering €13.5 million ($14.7 million).

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Sportsbet.io Gives Huge Slot Jackpot to One Lucky Player https://kenowizard.com/2024/01/10/sportsbet-io-gives-huge-slot-jackpot-to-one-lucky-player/ https://kenowizard.com/2024/01/10/sportsbet-io-gives-huge-slot-jackpot-to-one-lucky-player/#respond Wed, 10 Jan 2024 20:05:38 +0000 https://kenowizard.com/2024/01/10/sportsbet-io-gives-huge-slot-jackpot-to-one-lucky-player/ Sportsbet.io, the well-known international sports betting website and online casino, has announced that one of its customers has hit a huge slot jackpot worth no less than 42 million dollars. The respective player was placing bets in USDT (Tether) cryptocurrency on Wheel of Wishes, one of the most popular slot games delivered by Alchemy Gaming, and [...]

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sportsbet-io-player-wins-biggest-ever-online-slots-jackpot-Sportsbet.io, the well-known international sports betting website and online casino, has announced that one of its customers has hit a huge slot jackpot worth no less than 42 million dollars.

The respective player was placing bets in USDT (Tether) cryptocurrency on Wheel of Wishes, one of the most popular slot games delivered by Alchemy Gaming, and the major jackpot dropped on December 20, 2023.

The enormous prize was one of the progressive jackpots offered in Games Global’s WowPot program. Jackpots within this brand start at 2 million euros and grow to much larger proportions as a part of each bet made on the game gets added to the prize pool.

Sportsbet.io also announced that the winner desired to remain anonymous, but did share some thoughts with the bookmaker’s representatives. The lucky customer revealed that he could not believe his eyes when the spin landed. “At first I thought it was a mistake,” the lucky player said, but revealed that later the fact that he won over 40 million dollars sank in and prompted him to start “running around the room shouting and celebrating.”

The winner said that he has not yet decided what to do with the money, revealing that he was not ready to make “any big decisions just yet.” However, he did say that one thing is certain: his family “will never have to worry about money again.”

Not In a Million Years

The lucky Sportsbet.io customer revealed that he was just relaxing by playing a few spins on his favorite online casino and that he was not expecting that moment to change his life, “not in a million years” he said. “I’ve been playing with Sportsbet.io for years,” the player added, “and it has proven to be the best decision I’ve ever made.”

Alex Haig, Director at Sportsbet.io, congratulated the lucky winner and underlined that this was the largest ever prize won on a single spin on an online slot game. “We couldn’t be prouder to see a Sportsbet.io player win the biggest prize in online slots history,” the Director added while also revealing that the player was able to withdraw his huge prize in less than 90 seconds.

In addition to the vast amount of money, the winner will also be treated to a flight to London for dinner with the Sportsbet.io team and also to VIP tickets to a football match at Newcastle United, a Premier League club which has the online sportsbook as one of its official partners.

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Lucky Bucks Alleges Former Executives in $200 Million Fraud Scheme https://kenowizard.com/2024/01/09/lucky-bucks-alleges-former-executives-in-200-million-fraud-scheme/ https://kenowizard.com/2024/01/09/lucky-bucks-alleges-former-executives-in-200-million-fraud-scheme/#respond Tue, 09 Jan 2024 11:31:22 +0000 https://kenowizard.com/2024/01/09/lucky-bucks-alleges-former-executives-in-200-million-fraud-scheme/ ARC Gaming and Technologies, formerly known as Lucky Bucks, has filed a RICO lawsuit against its former executives, accusing them of orchestrating a massive fraud scheme that allegedly siphoned off around $200 million from the company before its bankruptcy.  Lawsuit Unveils Alleged Systematic Looting of Lucky Bucks by Former Executives The lawsuit, which was announced [...]

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ARC Gaming and Technologies, formerly known as Lucky Bucks, has filed a RICO lawsuit against its former executives, accusing them of orchestrating a massive fraud scheme that allegedly siphoned off around $200 million from the company before its bankruptcy. 

Lawsuit Unveils Alleged Systematic Looting of Lucky Bucks by Former Executives

The lawsuit, which was announced on January 2, alleges that the accused individuals engaged in a systematic looting of Lucky Bucks, diverting funds through various illicit means. Lucky Bucks, a major player in Georgia’s coin-operated amusement machine industry, filed for Chapter 11 bankruptcy in June 2023, citing increased competition and regulatory pressures.

ARC Gaming and Technologies claims that the defendants, including founder Anil Damani, Tony Kassam, and Imran Ali, orchestrated a complex scheme involving fraudulent transactions, misappropriation of trade secrets, and breaching fiduciary duties. 

The lawsuit also alleges that the former executives utilized shell companies and competing businesses under their control to divert contracts and assets away from Lucky Bucks.

The company accuses Damani and his associates of borrowing hundreds of millions of dollars from lenders, only to distribute the majority of the funds among themselves. The complaint further details instances of selling customer contracts back to Lucky Bucks at inflated rates and the removal of serial numbers from machines before selling them in various states.

ARC Gaming Seeks Redemption After Restructuring Triumph

The lawsuit was initiated after a comprehensive investigation by industry professionals hired by new shareholders in September 2023 to review Lucky Bucks’ operations. Forensic investigators and litigation case analysis, combined with employee interviews, contributed to the formal complaint being filed.

Despite Lucky Bucks successfully emerging from Chapter 11 bankruptcy in October 2023, ARC Gaming and Technologies is determined to hold the former executives accountable for their alleged criminal activities. The company aims to recover the stolen funds and assets, including $200 million in what they describe as “fraudulent and illegal dividends.”

Anil Damani, the founder and former owner, denies all allegations, stating that the claims are baseless and frivolous. Damani’s attorneys assert that he is a successful businessman and a pillar of the community, expressing confidence in defeating the claims in court.

As legal proceedings unfold, ARC Gaming and Technologies remains focused on its future, having completed a successful restructuring process and positioned itself as a strong contender in the Georgia coin-operated amusement machine industry. The company is set to announce new appointments for key executive positions, ensuring a dedicated management team committed to responsible governance and growth.

The post Lucky Bucks Alleges Former Executives in $200 Million Fraud Scheme appeared first on Keno Wizard.

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