Sportsbook Network Jackpot Premiered by Softswiss

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Sports Betting Technology
Alan Campbell

Updated by Alan Campbell

Last Updated 10th Jan 2025, 01:39 PM

Sportsbook Network Jackpot Premiered by Softswiss

Alexander Kamenetskyi spoke to Casinos.com exclusively on his firm’s cutting-edge Sportsbook Network Jackpot innovation. (Image: Courtesy of Softswiss)

Online casino and sports betting software developer Softswiss has launched its Sportsbook Network Jackpot innovation so as to offer punters the chance to bank individual cash prizes beginning from at least €35,000 ($36,100). 

The Malta-based firm revealed the progressive jackpot advance sees sports betting sites, including those on third-party platforms, brought into an exclusive network where a shared prize pool continues to grow as more brands join in.

Punters are then offered the opportunity to bag this randomly awarded windfall simply by placing a wager on their favourite sporting event. 

Definitive Draw 

The Head of Sportsbook for Softswiss, Alexander Kamenetskyi, told Casinos.com his firm’s cutting-edge Sportsbook Network Jackpot innovation gives individual iGaming operators from around the globe the chance to offer greater player rewards without incurring large additional costs.

He revealed the new attraction will also allow such enterprises to improve their individual customer engagement, retention and satisfaction metrics while potentially boosting average turnover per user rates by as much as 27.91%. 

“We’ve launched the Sportsbook Network Jackpot with a relatively modest starting amount but we’re confident the prize pool will grow as more clients join,” Kamenetskyi said to Casinos.com. 

“Jackpots are not widely represented in the sportsbook industry and a solution like the Sportsbook Network Jackpot will surely attract significant attention from clients and players alike.” 

Positive Predecessor 

Softswiss explained the launch of its Sportsbook Network Jackpot advance follows last year’s premiere of its Prime Network Jackpot innovation for online casino aficionados. 

The 15-year-old company declared this precursor complete with a recent guaranteed €1 million prize pool, it has been a triumph and it is now aiming to replicate this success by bringing ‘the same innovative mechanics to the sports betting sector.’ 

“We have always been about innovation, which is why we are the first to introduce the Sportsbook Network Jackpot for sportsbooks, a groundbreaking solution for the sports betting market,” Kamenetskyi said. 

Ambitious Architect  

With its products licensed by regulators for iGaming jurisdictions around the world, Softswiss recently had its Game Aggregator solution certified for use by online casino operators in Brazil

The innovator disclosed the Sportsbook Network Jackpot is just the latest example of how it is continuing to ‘lead the way in creating effective and scalable engagement tools for the iGaming industry.’ 

“This industry is evolving rapidly with players becoming increasingly demanding and drawn to unique and cutting-edge solutions and I believe implementing the Sportsbook Network Jackpot will elevate sportsbook jackpots to an entirely new level,” Kamenetskyi added.

“At Softswiss, we pride ourselves on being at the forefront of innovation and consistently delivering creative solutions to bookmakers. Our goal is to help clients captivate their audiences and provide their players with fresh and exciting experiences.” 

Meet The Author

Alan Campbell
Alan Campbell

Alan Campbell has been reporting on the global gambling industry ever since graduating from university in the late-1990s with degrees in journalism, English and history. Now headquartered in the northern English city of Sheffield, he has written on a plethora of topics, companies, regulatory developments and technological innovations for a large number of traditional and digital publications from around the planet.

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