A man in his forties from Norway has won over €4.8 million on the Malta-based online gaming site Betsson, with a stake of just €5. The win is the largest payout in Betsson’s history, and one of the largest in online gaming ever.

“The jackpot has built up over a long time, and it is always nice when a normal customer becomes a Betsson millionaire. The prize is the largest single win we have ever paid out, and shows that it is possible to win big even with small stakes,” says Magnus Silfverberg, CEO of Betsson Malta Ltd.

The gamer from Norway hit the jackpot after betting €5 on Betsson’s Arabian Nights online game. Jackpots have grown significantly in recent years as the number of online gamers increased, and online games are increasingly competing with the national lotteries to fulfil the Europeans’ dreams of becoming millionaires, the company said.

Nevertheless, Betsson added, it encourages responsible gaming, and enforces strict limits on stake sizes.

“We are very focused on facilitating responsible gaming. Among other things, we have strict regulations regarding maximum stake amounts, and also have a specialist Responsible Gaming employee who works solely on reducing the risk of gaming addiction,” Mr Silfverberg said.

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