Lottoland's new technology enables insured instant win scratchcard jackpots

Lottoland's new technology enables insured instant win scratchcard jackpots

Friday, October 6, 2017 Posted by Joseph Streeter
The technology is already live and the initial suite of high prize games can already be played onsite

Lottoland will debut a new prize insurance model to scratch cards, casino and instant win games, allowing it to offer the largest prizes in online gaming.

The Random & insured number generator (RiNGÒ) allows customers to win huge jackpots instantly, with the prizes being insured through Lottoland’s proven insurance infrastructure.

The games will be available across multiple Lottoland markets, and also for Lottoland’s B2B and B2G customers through Lottoland Solutions and its partners Glück Games and Gamevy. RiNG is also open to third party game and casino operators who wish to build jackpot and big prize games and have them insured through Lottoland.  

The in-house developed, proprietary RiNG-technology is based on a new landmark combination of existing and new technologies:

  • A hardware RNG “Quantis Appliance” is used to deliver true quantum randomness.
  • Two instances are installed for redundancy and failover.
  • The certified RiNGÒ application itself is built on the base of a future driven technology stack.
  • Most importantly, the technology runs in a multi-layer secured and protected environment with a trusted time-stamping mechanism to guarantee tamper-proof results.​

The combination of the above allows any instant win game prizes/jackpots to be underwritten by Lottoland’s prize insurance, at the centre of which its Insurance Linked Security (ILS) stands. Consequently, there is no need anymore for jackpots to be fed through customer’s’ contribution as they can simply be seeded by the insurance - the same way Lottoland has solved the jackpot liquidity problem in lotto betting, it is now doing the same to the instant win game and casino sector.

Lottoland CEO Nigel Birrell told TotallyGaming.com: “This new innovative technology allows our customers to bet on some of the largest prizes in online gaming – expanding the thrill of playing with Lottoland.”

Totally Gaming says: With some of the most respected betting operators already in partnership Lottoland, this insurance opens up the operator to work with a wealth of new private and state operators. Furthermore, the new technology will make them more attractive to the jackpot chaser market.

 
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