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Will The Coronavirus Lead To More Legalized Online Casinos?

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The Coronavirus has affected the gambling world in a drastic way. Sports betting has effectively been halted in the United States, with all major sports postponing their seasons. Las Vegas and every other land-based casino in the country have also shut their doors.

Instead of March being the massive wagering month that Nevada and sportsbooks around the country are used to, the cancellation of March Madness led to the worst sports betting handle since 1993 in the Silver State.

However, there has been one sector of gaming that has been flourishing in a big way, and that is legit online casinos.

Online Casino Revenues Explode Amidst COVID Pandemic

Although gambling revenues are down for states across the board, one area that is exploding is online casino gambling. Poker has seen a surge as well, but nowhere near where casino gambling has gone in the past two months.

For example, with Atlantic City casinos closing their doors, revenues have skyrocketed for online casinos in the month of March in New Jersey. Gambling sites took in $64.8 in revenue that month. It was a near 25 percent increase from February and over a 65 percent increase from March 2019 numbers.

In Pennsylvania, we see similar numbers for online play. Though overall gaming revenue was down 51 percent, the state set new records for online casinos, bringing in over $24 million in revenue, setting records for monthly revenue, and the total amount wagered.

There are states around the country with similar marks for revenue and amount wagered.

Will This Spur Online Gambling Legalization Across the US?

It’s possible, but just because it becomes more economically viable or the opportunity presents itself, it doesn’t mean states will act.

One could draw the comparison to sports betting legalization, which has happened rapidly in the country after the Supreme Court overturned the Federal sports betting ban in May 2018. Since then, 16 states have regulated and legalized recreational betting in some form in their states.

However, we have to remember that the green light for legal online casinos and poker sites has been around since 2011.

The Wire Act Flip Flop

After much of the online poker world got wiped out by the US Department of Justice, in what became known as the “Black Friday” of poker, the online gambling world changed dramatically.

However, the DOJ quickly changed course on the legality of online poker and casino gambling. They stated in December of the same year that only sports betting fell under the scope of the 1961 Wire Act.

That was changed with the 2018 decision for sports betting, but the ability for states to legalize online casino gambling has been around since 2011. However, only 13 states have decided to tax and regulate the activity within their borders.

Will More States Act Now On Online Casino Gambling?

It’s possible but still seems unlikely. Most states that have legalized sports betting often don’t have an online component for wagering sports, making online gambling an afterthought.

As it stands now, only three of the 16 states that have regulated sports betting have also legalized online casinos. So, even though states are moving quickly with sports betting, casino gambling has not been a part of these gambling expansions.

Don’t Worry, Players Still Have Options

Regardless of how states act in regards to online gambling expansion – players have all sorts of options for online casino gambling. There are lots of legal online casinos operating that accept players from all 50 states and across the globe.

Their games offered, bonuses and casino software are also better than land-based options. Most of them also offer sports betting and poker from the same account.

Players may be moving towards online casinos because of the Coronavirus, but it’s been the better choice, all along.

 

 

 

 

 

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Why Crash Casino Games are Legal in Brazil

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Why Crash Casino Games are Legal in Brazil

 

In a recent ENV Media’s insight piece, the mechanics and legal standing of crash games within Brazil’s regulated gaming environment are analysed. Explaining Aviator’s fixed-odds betting system and cash-out feature, it showcases the game’s adherence to transparency and fairness standards, and why it is regulated under the fixed-odds betting law. 

The very essence of crash games falls under the current legal definitions of the Brazilian law, justifying their place in the online betting landscape. The “provably fair” game mechanics are taken to an exciting player-centric level, with strategic live decisions which align even better with legal requirements.

The legality of crash games in Brazil stems from their compliance with the country’s regulatory framework, particularly Law No. 14,790/2023. This law categorizes online games like Aviator under fixed odds betting lotteries, with their outcomes determined by future random events. The legal provisions ensure that as long as games offer fixed odds at a given point in time, and allow timely cash-outs, they remain within the legal ambit. This concrete definition encapsulates crash games, highlighting their lawful existence in the Brazilian iGaming landscape, as confirmed by legal experts consulted in the study.

The future of crash games in Brazil looks promising, with a call for more explicit guidelines and oversight to ensure responsible gambling standards. The comparison between Aviator and traditional sports betting illustrates the strategic decision-making inherent in these casino games, underscoring their similarity and the need for regulatory attention.

Notably, some further steps could be taken to certify testing laboratories for new games on the market but the executive cannot limit the application of the law as it is currently worded. As Brazil refines its regulations, the integration of games like Aviator into the legal framework is crucial for the industry’s growth, ensuring a dynamic and responsible gaming market.

Drawing parallels between Aviator and sports betting clarifies the decision-making and fixed-odds nature of both. Whether betting on a series of football games or the multiplier increase in Aviator, players make real-time choices with the option to cash out early. This similarity lies in the common gambling mechanics, reinforcing why crash games like Aviator align with traditional sports betting principles and thus, their legality and inclusion in Brazil’s gaming regulations.

Crash games represent a increasing segment in Brazil’s online gambling scene, blending real-time betting excitement with strategic gameplay. Their legal standing, rooted in Brazil’s regulatory framework, sets a precedent for a regulated, transparent, and responsible gaming environment. As the industry evolves, understanding and integrating games like Aviator will be pivotal in fostering innovation, ensuring integrity, and contributing to the economic landscape, heralding a new era in paid online entertainment in Brazil.

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The UK online casino market is at a crossroads

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Martyn Hannah, Managing Director of Comparasino, says the direction the government and regulator take with updates to gambling law will determine the long-term success of the market

 

Martyn Hannah, Managing Director of Comparasino, says the direction the government and regulator take with updates to gambling law will determine the long-term success of the market

 

Great Britain is approaching a crossroads when it comes to online casino and the direction it takes will ultimately determine the viability of the market for all stakeholders over the next few years, including comparison sites such as Comparasino.

This remains a market with plenty of potential. The latest participation figures from the Gambling Commission show high demand for online casino, sports betting and bingo, with around 10 million people (16% of the population) engaging in these activities.

But the regulatory requirements being put on operators are now impacting the experiences they can offer to players while squeezing margins to the point where the UK – once the benchmark for regulated online gambling markets – is no longer sustainable for some.

In the last three years or so, we have seen an exodus of brands with only a small number of new online casinos taking their place.

This should be cause for concern, especially as the consultations from the White Paper rumble on and the changes that will result come into focus – we’ve already had the £2/£5 slot stake limits confirmed with more updates to follow.

Of course, players must be protected so that those at risk of developing problem play receive the support they need long before they reach the point of crisis. But at the same time, we have to remember that just 0.3% of UK players are considered to have a gambling problem.

The real risk for me is that if regulations and requirements continue to tighten, the UK market will no longer be viable for most brands – only the tier ones will be able to manage the slim margins.

This is bad for player choice and ultimately has the potential to push consumers towards unlicensed brands that can offer the experiences they are seeking and this is the opposite of what the changes to regulations are aiming to achieve.

It’s important to remember what players are looking for when deciding where to play – they want generous bonuses, a seamless sign-up process and a great selection of games to explore. They want to do this with reputable brands they can trust, and that’s why licencing is so important.

But the requirements operators must now meet – and any new requirements set to come into force – are at risk of damaging the player experience to the point where many will turn to unlicensed brands. Remember, these sites usually offer a great customer experience, they just don’t hold a licence.

The other day I was sitting with a friend when they signed up for an online casino for the first time. They were genuinely shocked by the sign-up process, especially the amount of information they had to provide and the length of time it took to register and deposit.

They were especially irked by the need to provide their occupation and monthly income. When I said there were unlicensed sites that offered a more streamlined onboarding process – and bigger bonuses – the friend said they’d play at those brands over the licensed site.

Of course, this is just one example but for me, it should raise concerns about how far we go when it comes to limiting bonuses and imposing stringent affordability checks on operators.

The Gambling Commission has indicated that affordability will be “light touch” for most players, but any additional friction really does risk pushing players to unlicensed sites where the sign-up process is quicker and the bonuses bigger.

The challenge is striking the right balance between consumer experience and protecting the most vulnerable, and I have some ideas for how we can do this.

I think operators should be able to offer the bonuses they wish, but they should not be able to impose high wagering requirements – or any wagering requirements, ideally.

Again, I tried explaining how the wagering requirement works to my friend and they simply couldn’t get their head around it.

“So, I have to wager £975 through the casino to unlock £15 in bonus winnings? That’s ridiculous.”

This is also what leads players to ultimately gamble more than they can afford as they make additional deposits in an attempt to complete the playthrough requirement, only to run out of funds or give up having deposited more than they intended.

This is when players can become frustrated. Many find it hard to understand how wagering requirements work, and then when they can’t withdraw their bonus winnings, it leads to a negative experience with the brand but worse, can put them in a state of mind that’s not ideal for gambling.

Player onboarding needs to be faster and more seamless, too. It’s so clunky right now that operators shouldn’t be surprised that a large percentage of players drop-off between landing at a casino for the first time and spinning the reels.

For context, it took around seven minutes for my friend to find a brand, sign up, deposit and play.

There are technologies available now – I’m talking about open banking here – that would mitigate sign-up friction, but would most likely require regulatory approval for operators to be able to use them to improve the sign-up process.

I absolutely believe that operators should be mandated to monitor each and every player in real time, and benchmark their gambling activity against markers of harm. This is the best way to spot problem play early and then make the necessary interventions.

I also think education is vital, and this is where affiliates must do more. Players are often unaware of the licensing process in the UK, and why it’s important to play at licensed brands. Nor are they aware of the tools in place to help them stay in control of their play.

This is something that we have committed significant resources to, with a dedicated safe gaming hub, responsible play messaging on all of our pages and the Comparasino Blog, where we publish articles and interviews with responsible gambling thought leaders.

The UK has always set the standard for regulated online gambling and I hope that this will continue to be the case once the consultations have closed and the final updates to the law are made.

The market might be at a crossroads, but if it goes in the right direction, it has a long and successful future ahead.

 

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Golden Boomerang Awards 2024 Sees Overwhelming Response in First Month with Over 220 Teams Competing — Enter Today!

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Golden Boomerang Awards 2024 Sees Overwhelming Response in First Month with Over 220 Teams Competing — Enter Today!

 

Boomerang Partners’ inaugural Golden Boomerang Awards 2024 traffic tournament has captured the attention of the global affiliate marketing community. With over 226 teams already registered, representing top webmasters from across the world, the competition to drive high-quality traffic is intensifying

Boomerang Partners reported a 12% increase in month-over-month traffic for its sportsbook products within just one week, attributed to the Golden Boomerang Awards tournament, launched on February 14th. Two weeks later, it’s time to assess the impact of the Golden Boomerang Awards on Boomerang’s casino products.

Following the three-week report, new first-time casino deposits have spiked by 14% compared to the previous month, and there’s been a significant rise in repeat deposits. This indicates enhanced player engagement with Boomerang Partner’s products, thanks to the quality traffic driven by participating affiliates. Among the casino offerings, the slots that have drawn the most attention are Book of Dead, Legacy of Dead, and Book of the Fallen. Notably, the period’s largest win was a staggering €314,000.

In Week 3 of the tournament, the total across all participating teams has already surpassed 12,000 new depositing players acquired for Boomerang’s platforms, with intense competition for the top prizes. While some teams have taken an early lead, with two more months until the contest concludes, it remains wide open for other contenders to make a surge and challenge the frontrunners on the leaderboard.

The Golden Boomerang Awards offers rewards every two weeks, with the most lucrative prizes coming in later rounds. Affiliates who missed the initial weeks still have a chance at the biggest rewards by joining now. Registrations remain open until May 14th, allowing participation for the top rewards.

The tournament will culminate in a grand ceremony in Cyprus on June 1st, where the top 30 teams will enjoy an exclusive high-profile event that features awards night, networking opportunities, entertainment from leading artists, and the iconic Golden Boomerang statuettes for the winners.

Boomerang Partners invites all skilled affiliates to join the action at GoldenBoomerangAwards.com and contend for a spot among the industry’s elite traffic drivers. Register now and showcase your expertise in driving premium traffic — prestigious prizes and industry recognition start here!

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