Online Casino and Gambling News: August
Online gambling is one of the fastest-growing areas of the casino market, and it hasn’t stopped, despite the Covid-19 pandemic. So let’s take a quick look at some of the most talked-about news in the online casino world this year.
The Gambling Commission Made Some Adjustments
All online casinos must follow gambling regulations to encourage players to gamble responsibly. The Gambling Commission set up new measures and removed the auto-spin function as well as added 2.5 seconds between each spin. The player will be able to see whether they’ve won or lost, and they won’t be able to re-gamble the money after sending a request to withdraw. Once the money is in the process of being withdrawn from the account, the player can’t cancel the request.
The Introduction of Live Slots
Live slots are on the rise as Playtech, the global leader in casino software, is focused on bringing brand new, innovative games. The provider has introduced Buffalo Blitz and Age of the Gods: God of Storms as the two games that will grace us in the live casino section. In addition, live slots will work as a game show — a host will spin the slot, and players will be able to interact with one another.
Rivalry Launched a Multiplayer Betting Game
Suitable for esports fans that enjoy betting, the new multiplayer betting game called Rushlane lets 24 players race with one another and win real money. Real-time chat will offer players to interact with each other while the games will also be streamed online. Each race lasts around 2 minutes, and a new game begins as soon as the previous one ends. The creation of Rushlane is an attempt to bridge the gap between sports betting, esports, and online casinos.
PayPal Became The Most Popular Payment Method
More than half of last month’s UK gambling population chose PayPal as their preferred payment method. With fast transactions being cited as the biggest benefit, 80% of players have had a positive experience using PayPal to deposit and withdraw their winnings.