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Cash Pot Increases Revenue

Seemingly living up to its name, Cash Pot was the popular game of choice for slots players during the months of May, June and July. Supreme Ventures Limited’s executives are not sure what they can chalk this increase in gambling up to, as they didn’t do anything different from what they have been doing all along.

Cash Pot is their flagship game, and they had 83% average liability for prizes, which is the highest on record for the quarter. They think that perhaps this was responsible for their profit dropping to $4.7 million from $15.7 during the same time last year. The game usually pays out 72% to gamblers, and is traditionally their largest revenue earner.

Sonia Davidson, SVL’s VP of Corporate Communications says that they don’t know why there was such an increase in betting, but they are assuming it is because people do not want to play illegal online slots. She thinks that their clients are coming back and playing registered online slots as they know that they don’t have to worry about payment.

Because they had other ventures to rely on, the company was able to make their prize payments and meet regulations as well. They were ensuring that they did not end up with the same problems they did last year when they had breached their license due to heavy acquisitions which led to them having less than 75% of their assets in cash.

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