Connect with us
SOFTSWISS

Latest News

Gamstop Casinos Vs. Online Casinos

Published

on

Reading Time: 3 minutes

 

The UK Gambling Commission is dedicated to protecting online gamers from common gambling pitfalls like scams, lost funds, and problem gambling. One way it does this is through the self-exclusion system Gamstop, which shuts gamblers out of all Gamstop casinos to prevent impulsive and harmful gambling. However, despite this obvious benefit and the popularity of Gamstop casinos, many online casino players find the Gamstop system highly restrictive. This is why non-Gamstop online casinos are growing increasingly popular by the day. But how exactly do these two gambling providers differ? Here is a look at the differences between Gamstop and online casinos. 

Regulation

The most fundamental difference between Gamstop and non-Gamstop online casinos is how they are regulated. As mentioned, Gamstop casinos are monitored and licensed by the UK Gambling Commission. The Commission launched the system to address the rise in problem gambling that came with the increased access to online casinos caused by mobile gaming. Over the years, it has implemented even stricter limitations so that operators must join Gamstop if they want a UKGC license. 

In contrast, non-Gamstop casinos have to get their licenses elsewhere. Since they cannot operate without regulation, most of these providers turn to reputable offshore regulatory bodies like the government of Curacao and the Malta Gaming Authority. These bodies ensure that non-Gamstop casinos operate ethically, legally, and fairly. If you need more information about these casinos and how they are regulated, you can find it here, along with guides on gambling on non-Gamstop casinos.

 

Reliability

Many online gamers assume that Gamstop casinos are more reliable because they are regulated by the UKGC. This is partly true – you can always trust a UKGC-licensed casino because the regulator goes above and beyond to protect players. In fact, the Commission regularly imposes penalties on casinos that violate consumer safety regulations and keeps a very close eye on gambling activities. It constantly revises and improves the rules so that a license from the Commission is a sure mark of credibility.

This is not to say that non-Gamstop casinos are unreliable. These offshore sites still operate under a license, usually issued by an offshore regulatory body. However, since how these bodies operate can vary from jurisdiction to jurisdiction, it is important to verify the validity of a non-Gamstop casino’s license. Unlike with Gamstop casinos, you need to do your homework to ensure a casino is credible.

 

Self-Exclusion

The UKGC uses the Gamstop service to provide problem gamblers with avenues for self-exclusion from all Gamstop gambling sites. The measures used in the pursuit of safe gambling can vary from limited maximum stakes for some bets and games and extended wait times between spins to irreversible self-exclusion periods. Simply put, once you get locked out of Gamstop casinos, you cannot access them until the exclusion period has expired.

In contrast, non-Gamstop casinos do not use the self-exclusion service. Some individual sites offer self-exclusion tools and programs designed to limit betting activity. However, these are usually controlled at the site’s discretion and do not extend to other casinos. If you self-exclude from one non-Gamstop casino, you can still access other non-Gamstop sites. Some sites do not offer these programs at all.

 

Legality

The UKGC only recognizes and monitors Gamstop casinos, with non-Gamstop casinos being considered “offshore” providers. However, contrary to popular belief, non-Gamstop casinos are not illegal in the UK. UK residents can either play on UKGC-licensed sites or use offshore providers. That said, non-Gamstop sites are sometimes prohibited from marketing directly to UK residents. But this rule is rarely implemented because it is difficult to determine how a player got onto a site. This then means that both types of sites operate legally within the jurisdiction. 

 

Limitations

By definition, non-Gamstop casinos feature fewer limitations than Gamstop casinos. They do not regulate how many spins you can make, your maximum bets, or wait times. They also do not limit transaction amounts, which makes them very attractive to high rollers. Moreover, bonus and promotion offers are often more lucrative on non-Gamstop casinos, with these providers also offering more extensive game libraries. 

 

Confirmation Process

Offshore online casinos often have simpler confirmation procedures. You can usually complete the verification stage of the account creation process within a day. On the flip side, joining a UKGC site can be a hassle. The verification process is very rigorous and typically requires a lot of paperwork submission. It can take several days. That said, both providers take verification very seriously. Extra measures are usually taken to exclude minors and prevent access to questionable parties.

 

Financial Transactions

Non-Gamstop online casinos often allow multiple transaction methods for site withdrawals and deposits, including credit cards, debit cards, and cryptocurrency. However, due to recent updates to UKGC regulations, some of these methods are not available on Gamstop casinos. 

 

Conclusion

Many players appreciate the credibility, protection, and safety that come with UKGC regulation. However, for players looking for a lot more freedom in their gambling activities, non-Gamstop online casinos are a more feasible option. It all comes down to your gambling preferences and whether or not you can handle problem gambling on your own.

 

Latest News

Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

Published

on

Reading Time: 2 minutes

 

From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

Continue Reading

Latest News

MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

Published

on

Reading Time: 2 minutes

 

Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

Continue Reading

Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

Published

on

Reading Time: 2 minutes

The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement
Stake.com
Advertisement
xbit4.com

Trending (Top 7)

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.