PartyCasino Winner Recycles $2 MillionBy: Harper Whitefield
Last December the biggest online casino jackpot ever was hit at the Slots. German player GAMAGO couldn”t believe his eyes when his spin at the Gold Mega Jackpot made the screen explode with celebrations that he just turned his $45 into a massive $4,978,336.62.
At the time GAMAGO told reporters that he was shocked by the win, and did not know yet what to do with that amount of money. Within a month, he already lost $2 million of his winnings into the online casino. This became clear after Finance director Martin Weigold of PartyGaming told reporters that the fourth quarter results of 2009 were boosted by a customer that recycled $2 million of his jackpot winnings into PartyCasino.
GAMAGO is a highly valued customer of PartyCasino, being a member of the Palladium Lounge, the VIP program of PartyGaming. In his statement after winning the record breaking jackpot he told reporters that he had already won jackpots of $50,000 and $100,000 leading to the obvious conclusion that he must be a frequent player.
We can”t wait for PartyCasino to release its first quarterly results of 2010 to see if GAMAGO managed to keep the remaining $3 million in his pockets.