MGA minimum RTP from 92% -> 85%

bamberfishcake

Senior Member
MM
Joined
Jan 8, 2019
Location
Essex
All joking aside....chances of UKGC taking the research and example of MGA?

Possibly the worst example of consumer neglect and legislative corruption in recent times?
 

bamberfishcake

Senior Member
MM
Joined
Jan 8, 2019
Location
Essex
Taken from the report......

'The MGA has received responses from gaming companies holding B2C and/or B2B licences as well as consultants to the gaming industry replying on behalf of various clients holding MGA’s licence. There was significant support from respondents to the consultation proposal.'

No sh*t Sherlock!
 

pinnit2014

Meister Member
PABnoaccred
mm1
Joined
Dec 13, 2014
Location
Glasgow and Home - N Ireland
Taken from the report......

'The MGA has received responses from gaming companies holding B2C and/or B2B licences as well as consultants to the gaming industry replying on behalf of various clients holding MGA’s licence. There was significant support from respondents to the consultation proposal.'

No sh*t Sherlock!
The Turkey's voted for Xmas and....

Voted for the Chicken

I know: would you like increased authority to swindle?

Why, Sir, yes we would, yes we would.

These consultations or whatnot are always lob sided no matter where you are: normally a decisions already been made and they badge talking to experts at the end as trying to show they based it on x,y,z.

Sort of like when the UKGC come out with some of theirs and it ends up being they just spoke to families of problem gamblers etc as their representative sample.
 

bamberfishcake

Senior Member
MM
Joined
Jan 8, 2019
Location
Essex
Mate, dont bother reading the report, it gets worse, much, much worse.......

Several respondents stated that operators should have the ability to set their own RTP within
prescribed ranges, in order to remain profitable in view of the various changes in national tax regimes
and rising compliance costs. It has been acknowledged that the alignment with the land-based sector
will give the online operators the option to decide on the optimal RTP based on the game type and
the targeted customer segment, whilst keeping the games sufficiently attractive for players

And......

Several respondents stated that operators should have the ability to set their own RTP within
prescribed ranges, in order to remain profitable in view of the various changes in national tax regimes
and rising compliance costs. It has been acknowledged that the alignment with the land-based sector
will give the online operators the option to decide on the optimal RTP based on the game type and
the targeted customer segment, whilst keeping the games sufficiently attractive for players

Yeehaw! Cowboy! Gold Rush........
 

orion

Experienced Member
PABnononaccred2
Joined
Nov 22, 2013
Location
deep south of Eu
anyway, basing on what has been going on in Italy in the last YEARS, people will continue playing even if games are set at 84%-85% or even lower.
sad but true.
:(
 

LoopsterAU

Experienced Member
MM
Joined
Oct 17, 2015
Location
Melbourne, Australia
They will probably start offering heaps of 500% bonuses which they know at 85% will result in 0% chance of withdrawal.

Surprisingly most of the Curacao casino's us Aussies are forced to play at usually have the highest model of most of the remaining providers but obviously those casinos have their own set of problems including stalling n non payment etc.
 

colinsunderland

Experienced Member
webmeister
MM
Joined
Jan 28, 2016
Location
uk
Someone posted this from the Videoslots office yesterday, wondered what it was about

tumblr_n2lk6g0mi61scrr9ao1_500.gif
 

orion

Experienced Member
PABnononaccred2
Joined
Nov 22, 2013
Location
deep south of Eu
seriously, I see MGA on the same road I already saw "somewhere else".
I can easily predict what will be next step.
Call me fool now, then time will tell.
Next step will be leaving the casinos free to set whatever RTP setting and in the meantime leaving them free to display 96% in the helpfiles.
 

hhhelllo

Not really here
PABnonaccred
MM
Joined
May 31, 2015
Location
canada
wow... what a nice little group of scumbags those maltese crooks
And people will keep going with deposits and complain about return

I was sick of being taken for granted like if I was the dumbest person on earth. It’s been around a month since I gambled online. Another reason to keep away from this bs
 

slotmaster

Paleo Meister (means really, really old)
Joined
Apr 2, 2011
Location
Ontario
Someone posted this from the Videoslots office yesterday, wondered what it was about

tumblr_n2lk6g0mi61scrr9ao1_500.gif
Videoslots is already at %85, saying this after I posted screenshots last night but geez it was a real slog to even get those. LOL Seriously though they turned down the RTP and weekend booster for sure.
 

ChopleyIOM

Hearthstone Addict
webby
Joined
Mar 25, 2012
Location
IOM
The Turkey's voted for Xmas and....

Voted for the Chicken

I know: would you like increased authority to swindle?

Why, Sir, yes we would, yes we would.

These consultations or whatnot are always lob sided no matter where you are: normally a decisions already been made and they badge talking to experts at the end as trying to show they based it on x,y,z.

Sort of like when the UKGC come out with some of theirs and it ends up being they just spoke to families of problem gamblers etc as their representative sample.

It's like some sort of deleted scene from The Godfather.

'Hey there gangsters, we're doing a survey, how would you feel about the opportunity to do loads more crime?'
 

Davey86

They make things hard for us because they can
MM
Joined
Feb 6, 2020
Location
Newcastle upon tyne
And All those non compliant casinos and crypto curacao casinos are sitting round a table wondering how so many players seem to be joining up! NOT!
 

Slotplayer83

Full Member
Joined
Jan 29, 2021
Location
World
I'd avoid any curacao based casino. No matter what brand or reputation it is. The three times i dealth with a casino from curacao they where all utterly shit. It just does'nt feel right (at all).
 
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