Online betting companies face tough new UK fines

[ReggieMac]

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!

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[Playford7]

Watchdog clamps down on online gambling

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Be of interest to see if any action at all is taken or any changes made.

 

[ReggieMac]

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.

 

[steveh35]

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.

 

[Playford7]

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.

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.

 

[steveh35]

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.

I think they might put a withdraw limit on instead of wagering ie minimum £500 if you take a bonus maybe

 

[nutnut]

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.

 

[The Dude]

Maria Casino told Chris he had an account with its sister company Unibet, and he had used a self-exclusion feature on the site - something introduced by the Gambling Commission to help problem gamblers...

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.

 

[vinylweatherman]

They could always increase the current pitiful loyalty point accrual rate as an incentive rather than deposit bonuses.

 

[petro]

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.

 

[Jono777]

Not 100% but pretty darn close, here is a quick formula..

Reverse Withdrawal = Will Power + Patience = Cash in your pocket

More of a personal perspective before anyone tries to chop my head off

 

[redsfan]

3 of the 5 are Hills, Corals and Ladbrokes.

All playtech who I BELIEVE out sorce their Security to Phillipines "Relevant Department"

 

[ReggieMac]

Phillipines "Relevant Department"

LOL!