Caesars Palace’s Siberian Storm Progressive MegaJackpot in Michigan Reaches Over $500K
Operator Caesars Palace announced on its X social media channel that the progressive mega jackpot for slot game Siberian Storm in its Michigan lobby has climbed to a value of $509,000. Siberian Storm is a MultiWay Xtra slot created by software vendor IGT, offering a 3x4x5x4x3 hexagonal layout with an impressive 720 ways to win.
The main protagonist on the reels is a stunning Siberian white tiger. The visuals are rendered with crisp graphics and enhanced with an engaging soundtrack. It's one of the most popular slots from the IGT portfolio, thanks to its big payout potential and innovative features. The slot is available in land-based casinos and multiple Michigan casinos online.
Winning the massive jackpot prize is possible in two ways. The first method involves finding 5 MegaJackpots Scatters anywhere on the reels, including in the free spins round. If the jackpot prize isn't triggered on one spin, an automatic Second Chance determination allocates another opportunity to hit the jackpot. The higher the wager, the bigger the chance of winning the jackpot. The game offers a relatively low RTP of 93% paired with medium volatility.
Caesars Plans To Launch a New Brand in 2024
Caesars Entertainment operates two online casinos in the Great Lakes State. Its original platform is integrated into the Caesars Sportsbook & Casino, while in 2023, the brand launched a separate casino app, Caesars Palace Online Casino. The company plans to launch an additional casino app by the end of 2024.
The gossip surrounding a new platform launch was recently confirmed via Caesars's official announcement that the acquisition of WynnBet's Michigan online platform is complete. The current WynnBet brand will stay active until the second half of 2024, after which the new brand will be revealed pending regulatory approvals.
The purchase of WynnBet's online casino and sportsbook license was announced in February. Caesars operates ten other land-based casino brands, each of which could be the next new Michigan online casino.
Stable Wolverine State Operator
Caesars Palace ranks as the fifth-best operator in Michigan, according to generated revenue. The brand has maintained this position for four years since entering the Wolverine State iGaming market.
However, with the acquisition of WynnBet and taking into account that Caesars Sportsbook & Casino also generates casino revenue, the combined Caesars Palace revenue of $11.8 million and WynnBet’s $2.6 million rank Caesars as the fourth best iGaming company in the Great Lakes State.
Caesars is actively working to improve its market position by introducing a new online casino brand, distributing competitive Michigan online casino promotions, and increasing the inventory of slots.
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