2021 Restrictions for Gambling in the UK and Crypto is not spared

Bitcoin and other crypto currencies became a new hide-away place for all players with limitations set by their local governments. The reason for crypto payment popularity is actually not the popularity itself but rather a necessity. When the government wants to limit your gambling behaviour, all they have to do is limit or block your payments. This means that whenever you try to make a deposit, your credit or debit card will be rejected. This will indeed not be the case when paying with crypto. What does that mean? Simple thing. The fight against gambling needs to take place on all levels and this is what the new restrictions are all about. Together with spincastle.com we took a closer look at what is being cooked in the UKGC kitchen. Actually, this is a done deal - no more cooking.

The casinos licensed by the UKGC have seen an increase in the number of gamblers from Canada and the new restrictions levied are going to affect them the most. These gamblers mainly stick to the slot machines and these are supposed to be spread throughout different commissions in an attempt to make the games safer. A limit will also be placed on the speed of the spins. There are many features in the slot machines that glorify losses in certain ways such that people are more engaged in playing. Such features will be immediately banned and operators would need to record and display the total win and total loss.

70% Casino Games Affected

The UKGC reports that the new restrictions they are going to levy are garnering more support from the gambling community. These newer restrictions will affect 70% of the games played in casinos and will also have an impact on the losses that each player faces. The UKGC has already cracked down on the fixed-odds betting terminals and now they have taken it upon themselves to monitor all the online slot machine games. The many slot restrictions that they have come up with are designed to ensure that the players are shielded from the high addictive power of gambling. The players also will be spending less due to such restrictions. Many features of the slot machine are reevaluated and removed to give the players more control of the game.

Though the restrictions are set to introduce a new and safer way of gambling, it is not being favored by everybody. Particular criticism, especially the British MPs have criticized the move of the Commission stating that they are too small a group to be able to control so immensely a thing. They also believe that the commission lacks the proper resources to implement all the restrictions properly. Software developers and providers would also need the number of features that they put into the many games and thus these restrictions are likely to knock them off too.

Some Restrictions to Appear in the Future

Many gambling companies promote football and darts betting to such an extent that they even have the power to maneuver the results of the game to a certain extent. Though this restriction is likely to receive major backlash since most of the sports authorities depend on such companies for sponsorship and it will directly affect the revenues received from these sources.

Reverse withdrawals, another strategic feature used by gambling companies, are also likely to face a ban. This feature enables a player to withdraw all his winnings after the game is over or use it to play more gambling games. In simpler terms, reverse withdrawal is a feature used by gambling companies to target a bigger crowd and make people play more and more. The age limit for the players in the National Lottery has also been increased just the previous year by the UKGC. Using credit cards to deposit more funds into one’s account has also been banned by the UKGC. Crypto payments are usually implemented only by casinos with Curacao licence, but we advise you not to go this way.

All of these measures and restrictions are incorporated to ensure responsible gambling among players. It will also target a player's safety and make the whole arena safer in general. Whether it will take the fun out of such activities is yet to be seen and tested.