You’d have to be a regular visitor of the brick-and-mortar casino in question to have yourself subscribed to their mailing list through which you’d receive regular updates in order for you to be in the know about some of their biggest winners, otherwise if you are clued-up about the jackpots paid out in physical casinos versus those which are paid out on online casinos, you will know that there is no contest. The online casinos pay out a whole lot more and there are a number of reasons for this.
Fewer employees to have to hire
The fact that an online casino has fewer staffs to have to hire is just a tiny bit of what makes up the vastly reduced operational costs an online casino would have in comparison to its brick-and-mortar counterpart. Since online casinos are operated digitally, it’s pretty much all about the platform itself, which is nothing but some code running on a web server, to put it quite simplistically. Obviously it’s a lot more complicated than that because an online casino is after all one of the most heavily regulated businesses you could get into in this day and age. So there will definitely be some lawyers, software engineers, administrators, online security experts, etc., all working to keep the platform running smoothly, but still, online casinos run on fewer employees than physical casinos, by far.
Consequently, a lot more of the money which is made gets channelled back to the gamers as winnings.
A bigger player pool to draw on
Since online casinos can typically reach players from all corners of the world, they often enjoy a much, much bigger pool of regular players, all of whom then naturally contribute to the progressive jackpots. The money isn’t all channelled back as jackpots though, although most of it is. Some of it returns to the players in the form of the free spins no deposit would be required to get and other such special promotional offers.
There’s just a logically bigger pool of earnings to draw on, which accounts for a set of bigger jackpots to be paid out.
Fewer regulations to have to adhere to
While online casinos are still heavily regulated in terms of operational aspects such as the mandatory percentage of profits which are to be paid back to winners as earnings, a good chunk of the money they would have spent on other regulatory requirements can be redirected to make up the available jackpots. An online casino wouldn’t need to pass a Safety Health and Environment check, for example.
A constant fight for credibility and visibility
With so many online casino platforms popping up everywhere, a lot of which are digitised versions of their brick-and-mortar predecessors, there is a constant battle for credibility and visibility amongst online casino operators. Casino operators can do all manner of things to try and win over clients, but at the end of the day nothing does that better than the possibility of a bigger jackpot to be won. These are the positive effects of competition.