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Online casinos and slots are growing in popularity due to social isolation

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Online casinos and slots are growing in popularity due to social isolation
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If the online gaming and betting industry was consolidating its expansion before the arrival of COVID-19, social isolation has finished pushing online casinos as the prevailing leisure trend. Without risks, without moving from home and with a range of possibilities, both fans and new users always find a new proposal to tempt luck.

The main operators take advantage of this increase in demand to launch new and seductive promotions such as good casino bonuses and free spins without a deposit, which are the best way to start entering the world of Internet gambling houses and successfully attract thousands of new users every day.

 

Advantages of online casinos and free spins

Firstly, it is a legal gaming option that can be played from home, using the computer or mobile applications.

But also, thanks to the free runs, it is possible to get the most out of the money invested without additional costs. Basically, the user increases the profits by reducing the risk since, with the same money, he or she has a better chance of winning.

As if that wasn’t enough, there are additional rewards that can come along with these free spins, for which you need to have a good search criteria and choose the best online casino offer or promotion.

 

To take into account

All users, especially new ones, should be aware that there may be some ambiguity in some sports betting bonuses, as they are not always free spins without a deposit. You should also be aware that the time frames for these promotions are often short and therefore you may not always be able to take full advantage. Finally, it is sometimes necessary to make a very high profit or to bet a large amount to withdraw what has been achieved with the free spins.

So how do you know which option is reliable? There are online comparators that select the best current online casino promotions and gather them so that new users can get informed about each one in detail.

This kind of sites gather the best online casinos at the moment, based on the promotion they announce and on the users’ rating. It makes a selection in which it informs the free-spins, which are the requirements to obtain them, in which game they can be used, how the bonus package is composed and the average rating of the sports betting according to its users. This information is essential for responsible and reliable gambling.

However, it is always necessary to read the “small print” of each online casino and make sure that it has the certifications approved by the General Directorate of Gaming, which are usually found at the bottom of the websites.

 

How to get free spins and win with them

There are some tips and tricks to get free spins at major online casinos. Free spins have a higher probability of winning if certain guidelines are followed.

The first thing to do is to check in detail the promotion section of the portal and read the conditions in detail. Then, you can access the trial mode of the promoted slot machine, to check if you like it and if you understand the operation.  It is likely that by accessing the test mode, the casino will inform the specific promotion for that game.

Another tip is to frequently visit online casino comparators, which we talked about earlier, to be aware of the latest updates.

It is also recommended to subscribe to the newsletter or alert system of our favorite online casino to find out about free spins promotions as soon as possible.

 

Which online casino should we choose?

Once the above recommendations have been followed, the user may have to decide between the three or four online casinos that seem to fit his expectations or launch the most tempting bonuses.

The suggestion is to choose carefully and trust the most important names. It is almost always the most prominent gaming houses that offer the best conditions for free-spins, such as 888casino, Betfair Casino, Bet365 Casino, William Hill Casino, etc.

It is also important to verify the trajectory and the quantity and quality of users and ratings, as well as read some reviews about the casino in which we will trust our leisure and money. But as we play for fun, it is also very useful to use the “test mode” of the slot machine to use it and know if it is to our liking before making the first deposit.

No matter how tempting the offer is, the premise of playing responsibly should not be forgotten.

Industry News

Patrick Svensk Resigns as Chairman of Betsson

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Patrick Svensk, Chairman of the Board of Betsson AB (publ), has informed the Nomination Committee that he is resigning from Betsson’s Board of Directors and the assignment as Chairman with immediate effect. The Board has appointed Johan Lundberg, currently a member of Betsson’s Board, as the new Chairman.

Patrick Svensk has been a member of Betsson’s Board of Directors since 2005, and Chairman of the Board since 2017. The decision to resign from Betsson’s Board of Directors is based on the fact that the company’s major shareholders have stated that they no longer have full confidence in Patrick Svensk as Chairman of the Board. The lack of full trust is due to how the dismissal of the CEO was handled, which the company communicated in a press release on September 17, 2021.

“It is very sad, and I am sorry that I have disappointed our major owners, but I have done what I thought was best for the company. I am proud of what we have achieved during these years and wish everyone at Betsson great luck in the future,” Patrick Svensk said.

Johan Lundberg, who has been appointed as new Chairman by the Board, has been a member of Betsson’s Board since 2018. Johan Lundberg is the founder of NFT Ventures and a Board Member of Loomis, Svolder and Ölands Bank.

“I would like to extend a warm thank you to Patrick Svensk for his valuable contributions to the Board for almost 17 years. I look forward to continuing the work with the rest of the board to recruit the next generation of international leader to Betsson and at the same time complete the strategic work that is going on with renewal and growth,” Johan Lundberg said.

The Chairman of the Nomination Committee Michael Knutsson has expressed full confidence and support for the remaining Board members and its election of a new Chairman and supports the decision to seek the next generation of international leader for Betsson.

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Industry News

Holland Casino Expects Gains in H2 2021

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Holland Casino is preparing for recovery after a rough first half of the year, having been forced to close for more than 5 months due to measures taken against the COVID-19 pandemic.

As anticipated by the Dutch state-owned company, the extended closure had a negative impact on its financial results for the first half of the year. But as its 14 branches have been operating again since June 5, the operator now expects to post positive results for the second half of 2021.

Turnover achieved in June shows that Holland Casino will soon be able “to operate in a healthy manner” again. Moreover, after having completed “necessary restructuring,” the company expects to become a more efficient and agile organisation, according to a press statement released on Wednesday.

Turnover for H1 2021 posted a low €28.8 million. Net results for tax purposes amounted to a loss of €64.8 million, compared to a loss of €37.8 million over the same period in 2020, in which the company remained open for several months.

“Although Coronavirus also hit our company head-on in the first half of 2021, notably our anniversary year in which we celebrate 45 years in business, we still look ahead with confidence. All in all, Netherlands was deprived of legal casino offer for almost a year, but now that the measures are disappearing little by little, recovery is in sight,” Erwin van Lambaart, CEO of Holland Casino, said.

“We see bright spots in the potential offer of online games of chance as of October 1, for which we have applied for a license, and the opening of our new world-class casino branches in Venlo and Utrecht,” van Lambaart added.

CFO Ruud Bergervoet considers that having sufficient liquid assets in the past six months was key to the company getting through the difficult period of closure. That, along with the NOW scheme, the deferral of tax payments, strict cost control measures and tight operation management, led to the company being able “to safeguard the continuity” of its operations over the past year and a half.

“The significant tax debt of €190.5 million is offset by a strong liquidity position without bank debt. We are therefore considering paying off this tax debt more quickly if no new Coronavirus measures are introduced and the recovery actually continues. The results after June are promising in that regard,” Bergervoet said.

Despite all branches now being open, certain pandemic measures are still being enforced, and Holland Casino is receiving guests at limited capacity in its gambling venues. The company expects that these measures will be phased out, with the hope to open at full capacity and without restrictions “towards autumn.”

“We are also looking forward to the reintroduction of poker, live bingo and our NXT zones so that gaming can really be experienced together again. We also hope to be able to offer our bars and restaurants after midnight, which currently all close at midnight,” van Lambaart said.

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Industry News

Singular Signs 100% of Shares to Flutter Entertainment

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Accountancy firms Crowe UK and Partis Capital have partnered to advise the shareholders of B2B software development company Singular on the sale of its business to Flutter Entertainment.

Singular will sign over 100% of its shares to operator giant Flutter and is the latest company to emerge from the partnership between Crowe and Partis, which provides a combination of M&A expertise and market access; aiding enterprises in the gaming sector with full support on all M&A advisory services.

Darko Gacov, Co-founder and Chief Business Development Officer of Singular, said: “This deal is a huge recognition of Singular and what we managed to build and it furthermore sets the foundation of an exciting next chapter. We look forward to exploring new challenges and opportunities, now being a part of the largest online betting and gaming company in the world.

“Working with Crowe UK, Partis Capital and DWF on the deal has been a really rewarding experience and their help and guidance throughout the process was invaluable in achieving an excellent outcome for the shareholders.”

Justin Edgar, Director at DWF, and Partner Edon Byrnes led the team who advised any legal aspects of the sale to the shareholders on the decision.

Partis Partners, Dan Beard and Stefan Hamann said: “The Crowe and Partis team have had the honour to support the strategic development of Singular over the past few years. It became apparent early in our collaboration that the Singular team had developed an industry-unique iGaming solution that created tremendous value for operators. We congratulate the Flutter and Singular teams on having the foresight to take advantage of this opportunity to create a very powerful partnership.”

Matteo Timpani, Corporate Finance Partner of Crowe UK, said: “It has been an absolute pleasure to support the Singular team throughout this transaction which represents another iGaming deal delivered by Crowe and Partis.

“The company and culture that the Singular shareholders managed to create is an amazing achievement. We look forward to watching both Singular and Flutter flourish following this important strategic acquisition and wish them every success in the future.”

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