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Online betting companies face tough new UK fines

Discussion in 'Online Casinos' started by ReggieMac, Jun 23, 2017.

    Jun 23, 2017
  1. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    Is this action or just more saber rattling and posturing? Would be nice to see the named and shamed list of companies being investigated but I bet we can guess most of them!

    You must register/login in order to see the link.
     
  2. Jun 23, 2017
  3. Playford7

    Playford7 Experienced Member

    Occupation:
    Offshore worker
    Location:
    North east England
    Watchdog clamps down on online gambling
    You must register/login in order to see the link.
    Be of interest to see if any action at all is taken or any changes made.
     
  4. Jun 23, 2017
  5. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    I think the only real outcome from these investigations will be that the Casino's will stop offering bonuses at all. They will still make plenty of money and I am sure they will find some other way of incentivising the casual punter. Little to no regulatory change will probably come of it.
     
  6. Jun 23, 2017
  7. steveh35

    steveh35 Senior Member

    Occupation:
    ..
    Location:
    doncaster
    The online companies will just stop offering bonuses or limit winnings, they won't cut the wagering requirements down, i hope the reverse withdraw gets a mention.
     
  8. Jun 23, 2017
  9. Playford7

    Playford7 Experienced Member

    Occupation:
    Offshore worker
    Location:
    North east England
    I'd love to see the option of removing the reverse withdraw. That I think would be a massive blow for the casino's.
    And also think bonus's will not be as regular anymore, understand a casino needs to protect itself by all means, but for a lot of players who don't play often or perhaps only have a small budget a bonus is a great way to extend play time and it'd be unfair to those players.
     
  10. Jun 23, 2017
  11. steveh35

    steveh35 Senior Member

    Occupation:
    ..
    Location:
    doncaster
    I think they might put a withdraw limit on instead of wagering ie minimum £500 if you take a bonus maybe
     
  12. Jun 23, 2017
  13. nutnut

    nutnut Senior Member

    Occupation:
    IP consultant
    Location:
    england
    love how guy who got refused his 35k in bbc article got it because someone with power/or a big voice managed to speak on behlaf of the player.

    what about other 99% who never get this support and never get paid.
     
  14. Jun 23, 2017
  15. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    This is why you don't self exclude unless you want to quit gambling.

    Another thing - bonuses are not compulsory - they are not required. Play without them and you will find yourself having a stress-free playing experience. A lot of these articles come across as if you are only allowed to play with bonuses - and that is BS.
     
  16. Jun 23, 2017
  17. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    They could always increase the current pitiful loyalty point accrual rate as an incentive rather than deposit bonuses.
     
  18. Jun 23, 2017
  19. petro

    petro Dormant account, per user request PABnoaccred2 PABaccred

    Occupation:
    N/A
    Location:
    Narnia
    Sure there will be some regulation but that does not mean that promotions will become worthless.
    I don't see any real connection between regulation and less valuable promotions.
     
  20. Jun 23, 2017
  21. Jono777

    Jono777 Meister Member CAG mm4 mm1

    Occupation:
    Self- Employeed
    Location:
    Wolverhampton
    Not 100% but pretty darn close, here is a quick formula..

    Reverse Withdrawal = Will Power + Patience = Cash in your pocket :thumbsup: :p

    More of a personal perspective before anyone tries to chop my head off :)
     
  22. Jun 23, 2017
  23. redsfan

    redsfan Experienced Member webby

    Occupation:
    sales
    Location:
    bishop auckland
    3 of the 5 are Hills, Corals and Ladbrokes.

    All playtech who I BELIEVE out sorce their Security to Phillipines "Relevant Department"
     
  24. Jun 23, 2017
  25. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    LOL! :lolup::lolup::lolup:
     

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