British regulators agree with the gaming industry on VIP programs
The UK gaming regulator has agreed with the industry to change player VIP programs. As the UK Gambling Commission (UKGC) says, the deal will help make online gambling safer for consumers.
The new guidelines, which were drawn up in collaboration with 30 operators and the Betting and Gaming Council, include a wealth of regulations. For example, gambling providers will no longer be able to offer VIP programs for customers under the age of 25.
In addition, features such as “Turbo Buttons”, which further accelerate the game on virtual slot machines, are to be reduced.
What is the purpose of VIP programs?
VIP programs from online bookmakers and online casinos offer bonus offers for frequent players and customers who play with high stakes. In order to increase customer loyalty, gaming providers offer these player groups, among other things, reload or cash bonuses. Player protectors complain that especially vulnerable players with problematic gaming behavior would be endangered by the offers.
In order to be considered for a VIP program at all in the future, consumers must also go through a review process regarding spending behavior and safe gaming.
British Gambling Commission sees agreement as a success
The UKGC considers the new entry requirements for VIP programs a success. Now it is important to implement the new requirements as quickly as possible, as UKGC boss Neil McArthur says:
“We have been encouraged by advances in VIP bonuses, safer advertising and safer products. We are implementing these tasks to enable consumers to make real and rapid changes in key risk areas. However, it is important that these requirements are implemented as quickly as possible. It shouldn’t take months to implement safeguards that many would expect to be in place. ”
In fact, player protectors had been demanding from the UKGC for months to finally take action against the VIP programs. Baroness Thornhill, a member of a gambling working group in the British House of Lords, had even described the VIP campaigns as “greedy”.
It remains to be seen how the new rules will affect gaming providers’ revenues. According to the British Daily Mail, the percentage of VIP players’ deposits with large bookmakers is up to 40%.
In conclusion, it is worth mentioning that it is a place for you to look through the list of the best online casinos as well as the most exciting games offered by them. Online Casino Maxi  will meet your expectations regarding any casino game type you like. It is a platform for you to spin the reels of colorful slots, choose black or red in the oldest roulette game, play such famous card games as baccarat, poker, scratch cards – no download or registration required. On this platform, you can also find information about new casino bonuses and promos to add gun and joy to your gambling experience.