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The Rise of No Deposit Bonuses: How Tech Innovation Made Them Possible
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In this article, we will be delving into some of the common reasons why casinos give out no deposit bonuses, as it relates to the rise of this type of offering in the online gambling industry today.
Why Do Online Casinos Offer No Deposit Bonuses?
Online casinos often provide no deposit bonuses to attract new players. Users can play games with free credit from these casino bonuses without a deposit. No deposit incentives let gamers try the casino risk-free. New players can explore the casino’s software, games, and features before depositing real money using these offers.Â
These bonuses reduce financial obstacles to trying a new gambling site by requiring no deposit. As casinos compete for customers in the tech-driven gambling environment, no deposit bonuses have become a key marketing tactic for operator sites. Players benefit from being able to access free plays on the latest online casino games.
It is not out of the ordinary that there is an increase in no deposit bonuses (which comes in free spins, free wager, and so much more)Â among online casinos today. There are many reasons why a lot of casinos are falling over themselves in offering this type of bonus today, and here, we will be exploring them.
To Attract New Players
This is a no-brainer. It is common knowledge that players are more likely to gamble at an online casino offering no deposit bonuses. The appeal of no deposit bonuses stems from the fact that it requires no financial commitment from the users In this case, one’s winning chances are to be favored.
To Gain Trust
As with most businesses, customers are more likely to stay loyal if they feel they can trust the company. For online casinos, one of the ways they establish trust with their users is by offering this type of online casino bonus.Â
It goes a long way to present the casino as a brand that is not concerned about the players’ money but their satisfaction, and it is only a given that such a convincing strategy would impress customers.
To Beat Competitors
A quick look at the no deposit promotions today shows that these online casinos are competing to beat each other. The idea behind this is that whoever offers the most attractive no deposit bonus offer stands a better chance to attract more players. As such, they stretch themselves to make their no deposit bonuses as appealing as possible to bring more people on board.
How Tech Innovation Has Favored the Application of No Deposit Bonuses in Casinos Today
While it has already been established that no deposit bonuses have become a mainstay, tech innovations deserve credit for making it attainable in casinos today.
With the application of analytics and set systems in place, it is now easy for websites to distribute these bonuses to new users as soon as their registration and verification are complete.Â
More so, tech has been more instrumental in helping casinos study the behavior of bettors to enable them to assign tailor-made offers specific to their individual preferences. This analytic tool is also applied to foster responsible gambling on the platform, which is a win for the user on both ends.
Tips to Consider Before Using a No Deposit Bonus
- Ensure the online gambling platform is licensed and regulated by a top authortiy in the iGaming industry.
- Ensure the terms and conditions, which include wagering requirements and withdrawal limit of the bonus, are fair
- Ensure the no deposit bonus is applicable to a wide variety of games, including slots and table games.
- Ensure the no deposit bonus has a favorable validity period that’s not below 30 days.
- Ensure the no-deposit bonus has relaxed rules in regard to the banking options allowed to withdraw the bonus.
No Deposit Bonuses Have Become a Staple in Online Casinos Today
In the online gambling industry today, it is not far from the truth to say no deposit bonuses are the most popular type of bonuses attainable today. It has become so popular that it looks like a red flag for an online casino not to include it in its range of offers.
In conclusion, while we recommend looking out for this bonus offer, we also recommend you stay safe by only playing at safe online casinos and practice responsible gambling without exception.
Compliance Updates
IGSA Welcomes Sharp Vision as Silver Member
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The International Gaming Standards Association (IGSA) has welcomed Sharp Vision as a new Silver member. Sharp Vision is a leading provider of regulatory turnkey solutions for gaming authorities.
âWe are delighted to be a part of IGSA and we look forward to contributing to the advancement of best practices among regulators in the fast-growing gaming industry,â Damien Raymond, COO of Sharp Vision, said.
âIGSA is very excited to welcome Sharp Vision to our membership. We believe that IGSA Standards can enhance Sharp Visionâs products supporting regulatory authority oversight. We look forward to their participation in IGSA committees,â Mark Pace, President of IGSA, said.
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BigCash Goes Global with Launch in Brazil
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BigCash, Indiaâs leading online skill-based real money gaming company, has set its sights on global expansion and aims to offer an unparalleled gaming experience to users worldwide. The global skill-based gaming market is estimated to grow annually at a CAGR of 13.50% and will be valued at USD 106.78 billion, by 2032. Building on its success in India, BigCash is poised to introduce its entertaining games to global audiences, uniquely blending local flavors with its hallmark innovative gameplay.
BigCash started its journey in 2017 and has quickly become playersâ preferred choice, by strategically focusing on launching new games and features regularly and due to its superfast and user-friendly interface. Being a multi-gaming app, it offers a wide range of games tailored for all age groups. With popular Indian card games, like poker, rummy, and call break with regional variations; casual games like ludo, ice blaster, fruit chop, along with fantasy cricket, the platform resonates deeply with the players of Bharat.
Continuing on the mission to take Indian technology global and to reach a wider global gaming audience, BigCash, after months of an in-depth market study, had set its views on expanding its global presence with in-house developed and tailored gaming technology and experience. BigCash presently operates in Brazil, besides India.
One of the key reasons behind BigCashâs entry into the Latin American market is the regionâs immense potential for growth in the gaming sector. Brazil, in particular, has emerged as a hotspot for gaming companies due to its large population, favorable demographics, and a growing middle class with disposable income.
BigCashâs global expansion plans include multiple launches in Latin America, Asia, and Africa over the next 12 months. BigCash plans to offer local and international flavors, customized specifically for each country, with a focus on Responsible Gaming and other trust measures, to ensure a deeper bonding with the players.
Ankur Singh, CEO of BigCash, said: âGoing global has been part of our strategic planning always; with our launch in Brazil, we have just taken the first step. We are aspiring to be present in 8 countries in the next 12 months. The competitive landscape in Latin Americaâs gaming industry presents both opportunities and challenges. BigCash is a perfect fit for the Latin American gaming landscape due to our stronghold on tech, which allows product customizations, easy-to-play online games, a supersafe and fast experience; we are already gaining a lot of organic traction.â
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Michigan Lottery Transitions to 1-800-GAMBLER for Responsible Gaming Support
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The Michigan Lottery announced that it will transition to the National Problem Gambling Helpline, 1-800-GAMBLER for responsible gaming support. This aligns the agency with the Michigan Gaming Control Board and other online gaming platforms operating in Michigan in promoting 1-800-GAMBLER. The 1-800-GAMBLER helpline will replace the Michigan Problem Gambling Helpline currently in circulation (1-800-270-7117), although the previous number will remain in operation.
âThe Lottery is committed to providing Michiganders with easy access to resources that support responsible gaming. By transitioning to 1-800-GAMBLER, we are able to ensure that Michigan residents can reach specially trained staff who can provide confidential professional support, local referrals, and resources to those who may have a gambling problem,â said Lottery Commissioner Suzanna Shkreli.
Operated by the National Council on Problem Gambling (NCPG), 1-800-GAMBLER is the worldâs largest problem gambling helpline network by call volume, population served, and geographic area covered. The helpline connects people and families impacted by problem gambling with professional support, local referrals, and resources.
Calls made to 1-800-GAMBLER from Michigan will be routed to the Michigan Department of Health and Human Services. The helpline can also be reached by texting 800GAM or chatting online at 1800gamblerchat.org. Trained contact center staff are available 24/7, 365 days a year to provide support, guidance, and relevant information to anyone seeking help related to problem gambling. Additionally, players or their family members may connect to support resources such as live chat, text, and the helpline number by selecting the links in the footer of the Lotteryâs website.
The Michigan Lottery was the first lottery in the US to achieve the Internet Responsible Gambling Compliance Assessment Program certification through NCPG in October 2015. The NCPG evaluated the Lotteryâs compliance with Internet Responsible Gaming (IRG) standards developed based on best practices from jurisdictions around the world. IRG standards are the highest standards for online responsible gaming in the nation.
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