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The pitfalls you need to avoid if you are looking for a new online casino
Some online bettors always choose new online casinos because they want to avail themselves of different perks. Even though there are some exceptions, most casinos provide welcome bonuses and other perks to new clients. In fact, the iGaming industry is on the rise because of all newly established online casinos that welcome customers from all over the world. They have a license that allows them to operate in many jurisdictions and are often more innovative than some old-school brands.
Unfortunately, picking a new online casino has its risks, especially if you are looking for something specific, such as a cryptocurrency gambling site. Even though some of the new brands don’t have any problems, you may come across iGaming sites with loads of issues. That’s why we will point out some of the most common ones.
Some sites advertise the fact that they have licenses, but they don’t
Applying for a gambling license is not easy, regardless of which country the operator chooses. It usually requires the iGaming company to provide tons of documents and pay substantial fees. Hence, the process often takes weeks, if not months.
Since some online casinos don’t want to wait that long, they start operating while waiting for their license approval. Sadly, many of them don’t state that in their footer, which means that people think they’re using a licensed gambling site.
Although most of these sites do eventually obtain a valid permit, others have to provide additional information to receive a license. This is where users can run into problems because they won’t be able to get help from the gambling commission if there are problems with the given betting site.
The welcome bonuses
Before we share more information about the problems with the welcome promotions, it is essential to know that not every online casino offers proposals whose goal is to steal your money. In fact, the newly registered online casinos available on some platforms will let you choose from a wide range of options that provide unique rewards.
Sadly, some of the new iGaming companies have bonuses that seem too good to be true. Since welcome offers attract loads of clients, these companies offer a massive maximum bonus amount that can often reach $5000 or more.
Needless to say, inexperienced casino players are lured by these promotions and decide to make a deposit, thinking that they will have access to all of the bonus funds. We hate to break it to you, but this never happens.
Usually, these rewards require a substantial deposit because they offer a 100% bonus. Even if you are willing to add a lot of money to your account, a look at the betting conditions will show that they are not that fair and will require you to wager that amount at least 50 times (some casinos have an even higher wagering requirement). Unsurprisingly, many people fail to adhere to these rules and lose their money.
Mobile app problems
Every new online casino knows that it needs to provide a mobile app for Android and iOS or at least an optimized mobile site if it wants to gain new users. Since creating an app is more expensive, most brands only have an optimized mobile site.
With that being said, online casino players in some countries may also have access to apps for their favorite OS. Some companies optimize everything and allow the apps to be used for free, but there are many exceptions. Besides stumbling upon tons of app-related problems, you may have to pay a small fee to download the app. There are even cases where gamblers may need to pay a small subscription fee to use a given application.
Canada
Soft2Bet strengthens integrity monitoring with IBIA membership in Ontario
Soft2Bet, a leading casino and sportsbook platform provider, has joined the International Betting Integrity Association (IBIA) and activated its membership in Ontario, Canada, following its licensing in the Canadian province.
Soft2bet obtained its Certificate of Registration from the Alcohol and Gaming Commission of Ontario (AGCO) at the end of March, where the company’s Ontario-focused brand Tooniebet.com will now feed into IBIA’s world-leading sports betting integrity monitoring platform before worldwide implementation in the coming months.
IBIA includes over 50 of the world’s leading sports betting and gaming companies, who operate over 125 sports betting brands. Soft2Bet’s decision to join the association further strengthens its own internal betting integrity protocols and IBIA’s position as the world’s leading sports betting integrity monitoring body.
David Yatom Hay, General Counsel at Soft2Bet, commented: “Soft2Bet is delighted to be joining the IBIA as we strengthen our own betting integrity monitoring processes and play our part in furthering the IBIA’s long-standing work on this key issue. Ontario is a world class iGaming jurisdiction; it will be the first market where we will implement our IBIA membership and we look forward to deploying the monitoring infrastructure worldwide in all the other markets in which we operate.”
Khalid Ali, CEO of IBIA, said: “Soft2Bet is a very welcome addition to IBIA, further strengthening our position in the Ontario market. The operator’s decision to join IBIA demonstrates its desire to utilise the best integrity protection available for its sportsbook product. The association is delighted to be able to integrate Tooniebet within our integrity monitoring system and looks forward to working closely with Soft2Bet to maintain the high integrity of its sportsbook.”
IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators and for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.
Through the IBIA monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members generate more than $300bn in annual betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.
IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in2028. IBIA currently represents over 60% of the private sports betting operators licensed in the province. All online sportsbetting operators licensed in Ontario are required to be part of a betting integrity monitoring body.
IBIA’s Q1 2024 report detailed 56 alerts during the quarter. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023, an increase on the 15 sanctioned in 2022.
Latest News
South African Online Casino Player Strikes Gold with R189,000 Win at Tusk Casino
In a thrilling display of fortune and skill, Tusk Casino announces a monumental win by Adelheid, a passionate player from South Africa, who secured an astonishing R189,000 from a mere R100 bet on the renowned casino slot game, Gate of Olympus. This remarkable achievement underscores the high-stakes excitement that Tusk Casino offers to its players.
Adelheid’s journey to this significant win was facilitated by his engagement with SouthAfricanCasinos.co.za, the premier online casino and gambling guide specifically designed for South African players. Since its inception in 2003, SouthAfricanCasinos.co.za has been a cornerstone in the online gambling community, offering expert reviews, trustworthy recommendations, and the latest gambling news, thereby guiding players like Adelheid to reputable and enjoyable online gambling experiences.
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Adelheid’s win is a testament to Tusk Casino’s commitment to providing a premier online gaming experience in the South African market. The casino’s elegant design, user-friendly interface, and substantial bonuses are designed to engage and excite players, promising an unmatched online gaming journey.
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About SouthAfricanCasinos.co.za
SouthAfricanCasinos.co.za stands as South Africa’s largest and most reliable online casino and gambling guide, delivering unparalleled casino recommendations, unbiased reviews, and comprehensive gambling insights tailored to ZAR casino players since 2003. It remains a crucial resource for players seeking secure, high-quality, and rewarding online gambling experiences.
About Tusk Casino
As an established corporation with numerous ground casinos worldwide, Tusk Casino has successfully extended its reach into the South African online casino market, offering an exquisite blend of stylish design, player-centric features, and significant bonuses. Licensed and regulated by the Government of Curacao, it provides a diverse range of over 3000 slot games from leading global providers, ensuring a rich, rewarding, and secure online gaming experience for all South African players. With its impressive bonuses and comprehensive payment support, Tusk Casino is dedicated to delivering a distinct and superior online gaming experience.
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