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How Free Spins Attract New Players to Online Casino Platforms in 2023 – Expert Opinions

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Free spins represent a prevalent type of bonus online casinos offer to reward their players. These allow spinning the reels on slots without wagering real money. CasinoExpert experts explain that free spins are among the most valuable promotions because they allow players to win money without taking any risks. Free spins can be activated as a welcome bonus or by accumulating loyalty points. 

While it is established that free spins bonus offers are quite popular, this article will touch on some of the tricks behind how casinos use free spins to attract new players.

The Mentality Behind How Online Casino Sites Use Types of Free Spins to Attract New Players 

Let’s take a deep dive into helping you understand some of the ways casinos exploit the vast types of free spins to attract new players.

Making the Offer Too Good to Be True

Casinos that offer free spins are generally aware of how easily swayed people can be when it comes to the attractiveness of a bonus offer. This explains why they ensure the free spins offers look too good to be true, so much so that people are flocking around it without bothering about the fine details. 

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These casinos also take time to highlight the highest possible free spins you can enjoy to make the offer more attractive, even though your initial deposit may be too small to get such as much value in terms of the number of spins

Giving you the Illusion you can Win More with Less  

The major psychology revolving around free spins stems from portraying the illusion that casino players can get to win more money by playing their favourite games without risking much money. However, this is most times far from the truth. 

Technically, the casinos protect themselves by imposing some terms and conditions that restrict how much you can win with the bonus and, in some cases, impose stringent wagering requirements that are hard to fulfil. Eventually, you are awakened by the fact that your winning potential is limited by the bonus, and at that point, you are already hooked enough to want to spend more playing slot machine games.

Why do Casinos Often Require a Deposit Before you can Claim the Free Spins Bonus? 

It is always important to remember that the casinos are here for business purposes. As such, it is very unrealistic they would keep dishing out freebies without getting something sustainable in return.

By demanding that you make an initial deposit before using free spins, the casino has already got you committed. This way, they get to make some returns from you to cover up for those who may have exploited the casino bonus money for their gain. 

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By doing so, the casino is not just filled with users who are only interested in using free play without being committed in any way.

As always, as far as casinos are concerned, the house always wins, and the application of the free spins at casinos is a good representation of that fact.

What to Know Before Using Free Spins Offer at a Casino 

Here are a few things to look out for before you claim or apply a free spin offer at a casino:

  • Wagering requirement – The lower the number of times you are expected to roll over a bonus, the more feasible it is to redeem the bonus into real money. By standard, always look out for casino bonus offers with wagering requirement below 40x
  • Validity Period – Always look out for free spins offers that are valid for as long as 30 days, as that gives you enough time to fulfil the terms
  • Eligible Games – It is more advisable to opt for free spins offer whose wagering requirement is spread across a range of slot game options
  • Withdrawal Limit – By standard, it is more favourable to look out for free spins offers whose maximum withdrawal limit is pegged at $100 and above.

Free Spins Can Be a Smoke Screen 

With free spins, most times, it is the more you look, the less you see. This explains why you shouldn’t be too moved by the generosity of the bonus itself, as that could easily blind you from noticing the terms attached to it. 

We recommend you approach free spins from a more enlightened perspective, and by following our checklist discussed above, you will be able to know the offers that are best for you.

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AGCO

Edict Egaming Secures Approval for Ontario Licence

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Edict egaming has received approval from the Alcohol and Gaming Commission of Ontario (AGCO) to provide its games for the online casino market in the Canadian province. This applies to both the German edict egaming GmbH and Edict Malta Limited. From now on, the Merkur Group subsidiary will be able to offer its popular Merkur slots in one of the largest North American markets.

“We are delighted to have received AGCO approval for our Merkur games in Ontario. This is definitely a big step for edict and we are very excited to showcase ourselves to new audiences on the global stage in this dynamic market,” Dominic-Daniel Liénard, CEO of edict egaming GmbH, said.

The AGCO is working with the Government of Ontario and iGaming Ontario (iGO) to establish a new online gaming market that helps protect consumers gambling through private gaming companies. This license certifies that edict operates within the framework of strict laws and meets the requirements for responsible gaming.

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Caesars Entertainment Inc.

Caesars Entertainment Appoints Rodney Williams to Board of Directors

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Caesars Entertainment Inc. announced the appointment of Rodney Williams to its Board of Directors, effective July 1, 2024, subject to required regulatory approvals and pending licensure. With a unique perspective derived from a track record of luxury brand-building, strategic and digital marketing, and corporate leadership, Williams will bring a distinct and innovative vision to the Caesars Entertainment Board of Directors.

“Rodney is an important addition to the Caesars Entertainment leadership team. Rodney’s career leading some of the world’s best-known beverage brands gives him unmatched perspective in the hospitality industry. His exceptional track record in luxury and premium brand building during his time with Diageo and LVMH and his continued commitment to the food and beverage industry through his service as a trustee and executive committee member of the James Beard Foundation will give us added insights into the continuing confluence of entertainment with the culinary arts as we shepherd Caesars Entertainment into the future,” Gary Carano, Executive Chairman of the Board of Caesars Entertainment, said.

Williams recently stepped down as President of the Diageo Beer Company and President of Diageo Canada, leaving a legacy of success. In that role, he oversaw new momentum for Guinness beer, with the brand becoming the fastest-growing on-premise brand in the US in 2023 and strong growth for Guinness 0, which made great strides in the US and became the top-selling non-alcoholic beer in Canada. His leadership also delivered unprecedented growth on Don Julio Tequila and Johnnie Walker Scotch in Canada, as well as a powerful national partnership with Bailey’s liqueur and the iconic Tim Horton’s chain.

Prior to joining Diageo in 2022, Williams spent 11 years at Moet Hennessy, the wine and spirits division of LVMH Moet Hennessy Louis Vuitton. His last role there was as Maison (or global) President of Belvedere Vodka – the first American to become a Maison president at Moet Hennessy. Previously, Williams served as Chief Marketing Officer for the entire US brand portfolio, ranging from Don Perignon and Krug Champagnes to Glenmorangie Scotch, and before that as SVP for Hennessy US. Under his leadership, the Hennessy business quadrupled in topline sales and operating profit over a five-year period.

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Before joining LVMH, Williams served as SVP of Lifestyle Brands for Jackson Family Wines, where his team delivered the largest new product launch in the company’s history, Kendall Jackson Avant wines. Previously, Williams had been SVP for Lifestyle Wines at Robert Mondavi before and after its acquisition by Constellation Brands. Before joining the wine industry, Williams began his career in brand management at Procter & Gamble, Johnson & Johnson and General Motors.

“I’m pleased to have Rodney Williams join our Board of Directors. Rodney brings a different perspective to hospitality, having experienced it from the upper echelon of luxury beverage brands. His experience in innovation, digital and experiential marketing, and implementing optimization makes him a good strategic fit for our Board of Directors. I look forward to working with him to continue to drive results for our guests, Team Members, and shareholders,” Tom Reeg, CEO of Caesars Entertainment, said.

In addition to being a trustee of the James Beard Foundation, Williams serves on the Executive Leadership Council, is a director of the National Board of Review of Motion Pictures, and was a 2024 juror for the Cannes Lions marketing awards. He was recently named to the 2024 “Most Influential Black Corporate Leaders” list by Savoy magazine. He also advises three startups: Zitti, Qonsent, and CKBG.

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Compliance Updates

Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days

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The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies and key functions.

According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.

For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.

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Outsourcing requests should be submitted through the “Operational – Outsourcing Arrangements” application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the “Personal Portfolio” on the Licensee Portal.

Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as “Shared Conduct Agreements,” a specific procedure must be followed to obtain this approval.

The post Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days appeared first on European Gaming Industry News.

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