BetMGM Casino Patron Hits on Record $6.5 Million Online Jackpot
Last Updated: August 22, 2024 2:43 PM EDT • 1 min 44 sec read.
BetMGM, one of our best sports betting sites, also features top-rated real money online casino, and Monday was a lucky day for one customer who turned a $200 bet on the five-reel Fruit Blaster slot into $6,450,023.
On Tuesday, BetMGM brass announced that a player using its New Jersey online casino took home “The Big One” progressive jackpot, which had been building for months. The $6.45 million jackpot is the highest in U.S. history.
While the huge payout may not cause champaign to be popped at BetMGM headquarters, the press from the iCasino win and the fact that its progressive jackpot grew so substantially are victories for a brand that has been making iGaming market share inroads on FanDuel and DraftKings, in part because of its lucrative BetMGM casino bonus codes.
Adam Greenblatt, Chief Executive Officer of BetMGM, said on Tuesday, “BetMGM and one lucky player made iGaming history. It’s been a summer filled with anticipation watching the progressive jackpot grow quickly to record levels. This win is the latest proof that BetMGM Casino is the premier destination for progressive jackpots and unforgettable experiences.”
The Big One
“The Big One” progressive jackpot, which consists of a suite of games produced by top iGaming producer Entain, turned out to be just that.
BetMGM Casino resets the Jackpot to $1 million every time it is won. Getting to $6.45 million is a culmination of months of the totals growing. By accessing BetMGM’s Borgata Casino, Wheel of Fortune Casino, or Party Casino in the New Jersey iCasino market, which many players did by joining with a New Jersey online casino bonus, they became eligible for The Big One Jackpot.
The win broke the previous progressive jackpot record of $4 million, which BetMGM awarded in late February.
The lucky winner will also be granted a trip to an MGM Resorts International property in Las Vegas or to his/her nearest MGM property. It is part of a BetMGM offer that provides such perks for winners of jackpots of $500K or more.
iCasino key to BetMGM
The iCasino market in the U.S. continues to be a boon for providers in the five states that have legalized such online gambling scenes, BetMGM included.
The battle for online casino market share has been ongoing and features the usual players such as FanDuel and DraftKings.
BetMGM has been making headway on the two top dogs in the industry. According to Eilers & Krejcik Gaming, a company that tracks and reports on the industry, BetMGM has closed the gap in the last 12 months.
BetMGM reported more than $138 million in payouts in 2023, a 32% year-over-year improvement in that metric. The hope is for the company that increased exposure will be positive for the momentum of BetMGM Casino.
James Bisson