Mutuel Play choose RISQ to power new Bingo Millions game up to £25m

RISQ the iGaming Insurance Platform iGiP™, has announced a deal with innovative Game Developers Mutuel Play to roll out their Insured jackpot solutions across Mutuel Play’s suite of products. This Partnership provides Mutuel Play with the flexibility to construct jackpot offerings that will continue to give them the edge in what is already a highly competitive sector.

One of the many ingenious products that RISQ will be backing is Mutuel Play’s Bingo Millions. Bingo Millions uses a Multiplayer Fixed Odds format and gives the player a chance to win prizes up to £25,000,000 within the traditional bingo game.

With a recent resurgence in bingo across the nation, Bingo Millions’ combination of lottery and bingo will see even more players rewarded, acquired, and retained.

Rhys Owen, CEO of Mutuel Play had this to say: “We’ve been working hard on the Bingo Millions game for quite some time and really feel it offers operators and players something different with lots of different marketing angles. It will be our flagship product for 2019 and my hope is to not just distribute the game digitally in the UK, but hopefully in the coming years, in retail outlets like Bingo clubs throughout the UK and beyond. We have an exciting pipeline of additional variants launching around the Bingo Millions brand later this year to cater for different types of players, which all link to the same jackpot framework. Additionally, we’re looking to give 10% of game profits to charity, giving our operators a new marketing approach with lottery players, and we were really keen to be involved in a game that gives something back. Partnering with RISQ was an easy decision for us to make. The flexibility that their platform offers gives us a chance to scale and tailor jackpots in an endless amount of ways. We are delighted to announce this deal, and are confident that RISQ will help us continue to deliver innovative and interesting content in the bingo, keno, lottery and soft casino sector.”

Julian Borg-Barthet, Director of Business Development commented on the relationship: “Mutuel Play came to RISQ to support their ambitions, and it’s incredible to see where they’re going with the Bingo Millions brand. Adding life-changing Jackpots to Bingo needs to be done in a way that takes a step back from the traditional approach, and combining this with a Lottery approach opens the possibilities to have a niche offering in this sector. In addition, their dedication to setting aside a portion of their profits to charity is great to see in any industry”.

About RISQ: RISQ’s iGaming insurance Platform iGiP™ creates new levels of player acquisition and retention with scalable jackpots and high limit bets. These flexible solutions offer operators and platform-providers access to some of the biggest non-networked jackpot payouts in the industry. RISQ also provides ancillary coverage for betting-on-lottery platforms up to £150m (featuring national, state, and provincial lottery betting) as well as free-to-play sports predictor games for event-based competitions. RISQ’s insurance platform is backed by a team of innovative and experienced professionals in both risk and sporting analytics, leveraging over twenty A-rated global reinsurance markets.

About Mutuel Play:

Founded in 2016 with a team comprising over 50 years experience in the gaming industry. Mutuel Play specialises in the design and development of soft gaming content for the Lottery, Bingo and soft Casino segments of the real money and social gaming market. Mutuel Play has its own proprietary Remote Gaming Server on which it has built several multiplayer bingo, keno and lotto games. The flagship brand, 'Bingo Millions' is available in many variant formats and offers a unique insured Jackpot facility up to £25m, which is covered by the RISQ iGaming Insurance Platform iGiP™. The RGS is licensed and hosted in the UK and integrated to several of the major wallet and aggregation platforms so that content can be licensed B2B to any operator.

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