Industry News
Why Online Casinos Are Here To Stay
Over the last few years, there has been a rapid increase in the number of online casino websites popping up. These will continue to become more widespread with all of the new online casinos 2021. These have been successful in gaining large followings from players all over the world. Whilst some people may think that these sites are simply a fad, there are, in fact, many reasons as to why they are here to stay for good. We have looked at some of these below in great detail.
Provide Greater Confidentiality
Some players like the idea of being anonymous whilst gambling. There are a number of reasons why this may be so, although one of the main ones is getting seen by someone within a gambling venue that you do not want to see you there. In a large casino, such as those found on the Las Vegas strip, it can be almost impossible to know who will see you whilst you are there. This poses a big privacy issue, especially for high profile people such as athletes, actors, and politicians.Â
However, by playing on an online casino, this is not an issue, as you are able to gamble away in the privacy of your own home. No one can possibly see you and such websites offer a good level of confidentiality, doing everything that they can to keep the identity of their customers private. As a result, no one will ever be aware of what your gambling habits are exactly.
Make You Spend Less
As anyone who has ever set foot in a store before can attest to, it is quite easy to go in with the aim of just getting one item and coming out with dozens of others instead. This is because they are filled with lots of tempting products and offers that will entice you into making a purchase/purchases. Casino resorts are very much designed in the same way, with there being present many things to tempt you from parting with your hard-earned money. These include luxury accommodation, fine dining, exotic drinks, and pulse-racing shows. None of these things are cheap and if you decide to indulge in them all, it can end up costing you a fortune.Â
However, playing at an online casino means that you do not have all these things to tempt you, thus meaning that you will spend less…at least on other things than gambling. To ensure that you do not gamble away more than what you can afford, most online casinos have betting limits in place, so that you do not get carried away and spend all of your money on one spin/hand / or throw of the dice. This is perfect for those individuals who are either on a budget or have a gambling issue.
Provide You With Bigger Bonuses
There are many online casinos out there that are known for providing big win bonuses to their players. Some even give out bonuses simply just for signing up with them. The bonuses and rewards come in the form of things like free spins or matching of sums deposited. Similarly, many provide players with generous loyalty schemes that offer benefits and regards the more that you play. However, these do come with certain terms and conditions that must be met in order to qualify for them. These often come in the form of specific wagering requirements and the like.Â
Because online casinos have much lower overheads and overall running costs than those with physical real locations, they can afford to pass these savings on to players in the form of larger and more generous bonuses. All the expenses that come with running an actual real casino, such as electricity, manpower, premises rent, water, etc. are all costs that are not relevant to online casinos. Over the space of a single year, these can build up considerably. Online casinos only need very few staff and the odd few pieces of equipment in order to keep their business up and running.Â
Accessible 24/7
Many people do not have real physical casino locations near them to go and play in. Therefore, being able to play your favorite games online provides for a much more convenient experience than driving for hours in order to reach your closest casino. This is similar to how online stores such as Amazon work, whereby you go to them because you cannot physically go to a store. To be able to access these online casinos all you need is a computer or mobile device that has access to an Internet / Wi-Fi connection.Â
Because of how many games these websites have on them, you would have to visit one of the large Las Vegas super casinos in order to experience the same amount of games. Doing this would obviously cost you more in travel and accommodation if you then decided to stay the night. However, for some individuals, travel is simply not something that they can do. This can be for a variety of reasons, including work or commitments at home.
Make gaming accessible for all
Anyone that enjoys gambling and playing games but has some sort of health or mobility issue can find getting to and making their way through some of the bigger gambling resorts a difficult thing to do. This includes people with anxiety problems, lung diseases, agoraphobia, muscle problems. Thanks to the prevalence of online casinos, these such individuals are able to play away and not have their health problems impact on their enjoyment of doing so.Â
Staying away from physical casino locations is actually good for everyone’s health as it stops you from eating excessively at the all you can eat buffets and get carried away at the bar. However, you must remember to take regular breaks when gaming on a computer screen as it is bad for your eyes and can cause fatigue. Getting up and stretching your legs helps to get the blood flowing and fight the effects of fatigue.Â
Industry News
Dutch Mental Health Care Calls for Total Ban on Online Gambling Advertising
The Dutch mental health service is calling for a total ban on online gambling advertisements in the Netherlands.
Although a ban on untargeted gambling advertisements and a ban on the use of role models has been in effect since 2023, a recent research by KRO-NCRVâs Pointer shows that (illegal) gambling companies and sports tipster platforms are still enticing young people via social media such as TikTok and Snapchat.
By using influencers and terms like âfree moneyâ, they try to attract a young audience and thus lower the threshold to start gambling. This concerns both legal online casinos and online casinos that do not have a license in the Netherlands. The Gaming Authority has started an investigation based on Pointerâs findings.
Pointerâs research shows that part of the gambling industry deliberately targets young people who are often susceptible to promises such as âfast moneyâ and the influence of role models. Ruth Peetoom, chair of the Dutch mental health service, compares this approach to that of the tobacco industry, where similar marketing strategies were used to get young people to smoke.
Despite the existing advertising ban, gambling companies continue to explore the boundaries of the law, according to Peetoom. The Dutch mental health and addiction care associations in the Netherlands therefore push for a total ban on online gambling advertising and stricter rules for the duty of care of gambling providers.
With the call for a total ban, the Dutch mental health care sector hopes to prevent further normalisation of gambling behaviour among young people and to protect them from the temptation and consequences of online gambling.
Compliance Updates
UKGC: Market impact data on gambling behaviour – operator data to Oct 2024
The Gambling Commission has published further data on the gambling industry in Great Britain.
This data, sourced from operators, reflects the period between March 2020 and September 2024, inclusive, and covers online and in-person gambling covering Licensed Betting Operators (LBOs) found on Britainâs high streets.
Comparison should not be made with the industry statistics dataset, as this dataset may include free bets and bonuses and does not include data from all operators.
This release compares Quarter 2 (Q2) of financial year 2024 to 2025, with Q2 of 2023 to 2024, looking at how the market has changed in comparative periods over a year.
The latest operator data shows:
- online total Gross Gambling Yield (GGY) in Q2 (July to September) was ÂŁ1.32 billion, an increase of 11 percent from Q2 the previous year. The overall number of total bets and/or spins increased 12 percent Year-on-Year (YoY), reaching a new peak for the third consecutive quarter of 25.2 billion, whilst the average monthly active accounts2 in the quarter increased 8 percent
- real event betting GGY increased by 6 percent YoY to ÂŁ453 million. The number of bets decreased 10 percent, while the average monthly active accounts in Q2 increased 9 percent
- slots GGY increased 16 percent to ÂŁ680 million YoY. The number of spins increased 13 percent to 23.3 billion while the average monthly active accounts in Q2 increased 16 percent to 4.4 million per month. Although this is a new peak for GGY in this dataset for the slots vertical, it should be noted that one operator has re-classified some of its products into the slot vertical this quarter, which has had an impact on the vertical data
- the number of online slots sessions lasting longer than an hour increased by 9 percent YoY to 10 million. The average session length remained at 17 minutes. Approximately 6.1 percent of all sessions lasted more than one hour compared to 6.6 percent in Q2 the previous year. The number of spins per session has fallen from 147 to 142 YOY, whilst the GGY per session has fallen from ÂŁ4.20 to ÂŁ4.13 in the equivalent timeframe
- LBO GGY decreased by 1 percent to ÂŁ533 million in Q2 2024 to 2025, compared to the same quarter last year, while the number of total bets and spins decreased by 0.1 percent to 3.1 billion.
Industry News
Petra Maria Poola Joins Xace as Group Commercial Director
Xace has announced that Petra Maria Poola has joined the company as Group Commercial Director.
Petra brings a wealth of experience from the iGaming industry having formerly held roles at several iGaming companies such as Yolo, Relax Gaming and SiGMA. She will lead the commercial growth of Xace and its group companies, including crypto and iGaming focused xda.io, helping to drive strategic initiatives across banking, fintech and iGaming solutions.
In her new role, she will mainly oversee the growth of the groupâs sales, marketing and account management functions, ensuring a cohesive strategy that supports Xaceâs ambitious expansion plans.
âI am incredibly excited to start this new chapter with Xace, and work alongside such a talented team and management. Transitioning into the fintech space, while still connected to iGaming, presents an exciting opportunity for growth and learning. Iâm looking forward to applying my expertise to help Xace and its group companies achieve new heights commercially, while gaining deeper insights into the fast-evolving world of fintech,â said Petra Maria Poola.
Reuben Abel, CEO of Xace, said: âPetraâs extensive background in the iGaming sector, combined with her commercial acumen, makes her a valuable addition to the Xace team. She will play a crucial role in expanding Xaceâs market presence and enhancing its suite of services tailored to the specific needs of the iGaming and fintech industries.â
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