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Casino bosses gamble on bid to lift bet limit

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Casino bosses gamble on bid to lift bet limit
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CASINOS are calling on the Government to relax rules around high stakes gambling in a bid to attract more “high rollers” to Britain.

 

They want to be able to extend credit to mega-wealthy players, arguing that the Government would benefit two-fold from both their winnings and their losses.
The Gambling Act 2005 prohibits UK casinos from lending customers money, unlike casinos in the rest of world.

Simon Thomas, chief executive of London’s Hippodrome Casino, is among those campaigning for the law to be changed, along with high-end rivals Crown Aspinalls and Crockfords.

He said: “Worldwide, high-end customers get what we call a ‘marker’ – they are allowed to gamble on credit rather than having to transfer money from country to country and be subject to the vagaries of different exchange rates.

All we’re asking for is a simple change in the law to allow customers in British casinos to do the same.

Mr Thomas insists the law change would be a win-win for the Government.

At the high-end we pay 50 per cent of any money lost to the Government in tax on our gross profits, and corporation tax on top of that.

And research has shown that the more people win, the more they spend on nearby hotels, restaurants and shops, which is a considerable upside for the UK economy.

Mr Thomas is also calling for a loosening of the restrictions around slot machines in casinos as the Government tightens the rules on Fixed Odds Betting Terminals (FOBTs).

Last October the Government said it would cut the maximum bet on FOBTs from £100 to between £2 and £50.

In High Street betting shops you can currently play roulette on a slot machine, staking £100 per spin every 20 seconds.

That is extraordinarily hard gambling.

By comparison, we are limited to 20 slot machines at the Hippodrome, with the maximum stake set at £5 a spin.

We are in the perverse situation of there not being adequate restriction at the bottom end of the gambling industry, where people cannot afford to lose money, and too much at the higher end where customers essentially gamble for sport. It doesn’t make any sense.

The casino call is being backed by Tory MP Andrew Bridgen.

High end casinos are a magnet for high rollers from around the world who have money to burn in Britain,” he said.

If ministers play their cards right with this law change, then the Government really could be left holding all the aces.

It would certainly be a big win for the British economy.

 

Source: Express.co.uk

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ZITRO INTRODUCES CASH TOTEMS: A MYTHICAL JOURNEY TO ANCIENT FORTUNES

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Awaken the power of ancient gods in Zitro’s new game release, Cash Totems. With two exciting themes—Tomahawk and Vikings—this slot title transports players to a mystical world where Ancient Gods hold the key to incredible fortunes.

Cash Totems offers a Free Games bonus with 10 initial free spins and introduces 3 combinable metamorphic features, each supported by its own scatter symbol. The left accumulator features Sticky Wilds, where players can earn credits with the corresponding scatter symbol. The right accumulator offers Rainy Multiplier Wilds, granting extra spins with each corresponding scatter symbol, enhancing winning opportunities.

Finally, the central accumulator unveils a thrilling Jackpot feature, where each corresponding scatter symbol reveals two potential prizes (Low/High) and awards players one of the following: Credits, Extra Spins, or the chance to spin the Jackpot Wheel. Landing on the jackpot symbol activates the wheel, offering one of four jackpots: Mini, Minor, Super, and Mega.

Unveil the hidden fortune within Cash Totems!

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Betway Customer Wins £53,000 from £1 eSoccer Bet

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Betway is thrilled to announce a new milestone in its eSoccer platform, as one lucky customer scored a huge eSoccer payout – walking away with an incredible £53,000 from just a £1 stake. The winning bet, a six-fold accumulator, has set a new record for eSoccer payouts at Betway, marking a historic moment for both the customer and the platform.

eSoccer, a fast-growing sector at Betway, blends the thrill of football with the high-energy world of esports. In these virtual matches, two players go head-to-head in EA Sports FC 25 (formerly known as FIFA), with games running in short, action-packed formats of 8, 10, or 12 minutes. Every game Betway offers has a stream on the inplay site with streams also available on YouTube and Twitch to the public.

Mike Reading, a spokesperson for Betway, commented, “Football is a passion we share with our customers, and eSoccer has become one of our fastest growing products.  We are delighted to see a lucky customer turn a £1 bet into an incredible £53,000! It’s moments like these that highlight the thrill of eSoccer for our players and we’re looking forward to celebrating more big winners in the future.”

This record-breaking win reflects Betway’s commitment to offering an exciting range of products and delivering unforgettable experiences for its customers.

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WinSpirit Moments: How an Online Casino Can Educate Players

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WinSpirit Moments: How an Online Casino Can Educate Players
Reading Time: 3 minutes

 

The rise of the Internet has been a transformative technological revolution of the 21st century, fundamentally changing people’s lifestyles and preferences. More and more individuals are opting for online services over traditional offline options, and the casino industry is no exception.

According to TGM Research, approximately 80% of players prefer online platforms for betting and casino games. Other sources, like Statista, predict that the number of online players will continue to grow, surpassing 180 million by 2029.

 

Why players choose online casinos over land-based casinos:

  • Availability: Online casinos are open 24/7, allowing players to enjoy their favorite games anytime, from the comfort of home, no matter where they are.
  • Lower Stakes: Online casinos often have much lower minimum bets compared to land-based casinos, making the experience accessible to a wider audience.
  • Bonuses and Promotions: Online casinos offer a wide range of bonuses and promotions, enhancing the overall gaming experience and adding excitement for players.

 

However, for many newcomers, transitioning from offline to online casinos can be difficult. These players often face several challenges:

  • Bonus Programs: Online casino bonuses often come with wagering requirements and minimum deposit conditions, which can be confusing and difficult for players who are used to offline offers.
  • Differences in Game Rules: With the wider range of online casino games, players accustomed to offline gaming may struggle to adapt to new mechanics and gameplay styles.
  • Lack of Support or Guidance: Without sufficient support, players may find it hard to choose games or develop strategies.

Online casino managers generally recognize the importance of these challenges and create onboarding strategies via email or on the website to explain how the online casino works.

However, some operators take a step beyond the standard approach. Recognizing that players connect better with information shared by fellow players, the WinSpirit team developed a strategy that enabled players to exchange knowledge and showcase their experiences through engaging photos.

 

WinSpirit Moments

The WinSpirit Moments project ran for three months with a simple concept: players were invited to capture a photo of WinSpirit Casino in a unique location and share why they choose online casinos and the benefits they enjoy. Each week, the team selected some of the most creative submissions to share on social media, offering the community insights into players’ perspectives.

According to WinSpirit, the project was a clear success, gathering nearly a thousand contributions from players worldwide and helping the community gain a broader understanding of online casino benefits. In addition, participants’ insights revealed common themes, highlighting key advantages that online casinos offer:

 

Accessibility

  • “I like playing online casinos because we don’t have any casinos in our community.”
  • “I play online when I’m at home with a fantastic view of a lake outside of my house.”
  • “Honestly, I play at online casinos because the games are 100% better than the land-based slots nearby. I prefer to sit in the comfort of my home and play fun games and win funds.”

 

  • Convenience
  • “I like to play from the comfort of my home. It’s very convenient when I don’t have a babysitter, plus I love the variety of games available.”
  • “I like to play WinSpirit casino, a more convenient casino online with lots of bonuses and freebies. It’s fun and exciting to play while watching TV in the living room.”

 

  • Relaxation
  • “I prefer online gambling as opposed to in-person because I feel less pressure when choosing slots.”
  • “I play online casinos because I have anxiety in public. So playing from home is much more comfortable and allows me to stay at home.”
  • “I love being able to relax in my backyard, enjoy the sun and WinSpirit casino with all its fun slot games!”

 

WinSpirit Moments Achievements

WinSpirit’s management reported that the WinSpirit Moments project was a business success. The team observed a notable increase in social media activity, higher content engagement, and positive feedback from followers. Additionally, support inquiries related to onboarding significantly decreased.

The project played a key role in boosting retention rates among new users while further engaging long-time players, strengthening their connection to the brand and maintaining their ongoing interest in the product.

 

The Impact of WinSpirit Moments

The success of WinSpirit Moments highlights the potential for online casinos to engage players through community-driven learning. By sharing personal experiences, players were able to educate each other on the benefits of online gaming in a relaxed and relatable way.

This approach fostered trust and understanding among players, helping newcomers adapt and feel more comfortable. WinSpirit Moments proved that community-focused initiatives can effectively bridge the gap between new and experienced players, enhancing both engagement and education in the online casino space.

 

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