|London, UK – May 16, 2002 |
IQ-Ludorum, a leading provider of software solutions for the offshore E-Gaming market, is pleased to announce the release of the Progressive Jackpot Management system and the first of several Progressive Slots games for the IQ-Casino 4.0 platform.
The IQ-Progressives Engine gives Casino Operators the flexibility of either operating their own internal jackpot pools or partnering with other Operators to offer even larger and more attractive jackpots; the latter option empowering the operator to leverage the strengths of IQ-Ludorum’s customer base - the largest in the offshore gaming market. The IQ-Casino Progressive Jackpot Management Module provides the necessary front-end game controls and back-end management tools to create and operate progressive pools for a single game or for groups of games, automating control of the game configurations and contribution amounts. On the front-end, players can see the pool value and watch its growth.
IQ-Ludorum plans to rollout a full menu of progressive games to support the Progressive Jackpot Engine including Progressive sports pools. According to IQ-L’s General Manager of Marketing John Roberts, the release of the Progressive Jackpot system validates IQ-Ludorum’s objective to continually deliver gaming solutions that deliver true competitive advantage to clients:
“Progressive games have an exciting and obvious appeal. Players can see the jackpot growing and their participation grows accordingly. IQ-Ludorum’s new Progressive Engine strengthens our already impressive integrated gaming suite. More importantly, it gives our clients another key revenue generator that can be grown exponentially over a range of digital media access points.”
IQ-Ludorum unveiled the release at the recent Global Interactive Gaming Summit & Expo in Toronto, CAN. The UK based gaming provider also demonstrated a spate of recent product innovations including IQ-Racing, a turnkey system for online pari-mutuel wagering, and their popular Internet casino, IQ-Casino, on wireless and stand-alone kiosk platforms.
About the companies:
IQ-Ludorum plc. is a leader in the E-Gaming Industry, providing a unique integrated architecture for the operation of best-in-class gaming services across all digital media. A publicly held company with offices in the UK, Canada, and throughout the Caribbean, IQ-Ludorum trades on the London Stock Exchange’s Alternative Investment Market (AIM) under the symbol IQL.L.