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The Max Bet Shield

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FreakyVegas.com is a new online casino which was launched in August 2016 and has already made a name for themselves on the rapidly growing iGaming market. This does not come as a surprise as they offer a quite impressive game portfolio in which you will find many of your favourite slots such as Starburst, Jack and the Beanstalk, Winter Berries and a bunch of other popular games from Net Entertainment, Yggdrasil, EGT and Portomaso Live.

Besides having a broad selection of games, they also have generous promotions to choose from. Players from specific countries can claim no deposit free spins on Starburst upon registration, and when making a deposit you can receive a very exclusive welcome bonus package of 800 EUR+500 free spins! This brings us to the newly launched feature FreakyVegas.com has launched – The Max Bet Shield.

When you sign up with an online casino you must accept that you approve their bonus terms and conditions before you can create an account. In most of the cases, we do not read the bonus terms and conditions just because we want to create the account as quick as possible, so we simply tick in this box and off we go.

In the bonus terms and conditions there are a lot of valuable information relating to the bonuses you are being offered when playing at the casino. A part of this important information is the max bet amount allowed whilst playing with an active bonus. What this means is that you are not allowed to place a bet higher than the amount stated (being usually €5 per spin), otherwise all your bonus money and any associated winnings will be returned to the casino.

Therefore, if you miss out on this information, enter a game with an active bonus and make a bet higher than the one allowed and notice that all your money has suddenly disappeared, you will surely be surprised and probably angry. You will be questioning yourself: “Where did my money go”? and contact the support about what just happened where you will be informed that you just have breached this part of their bonus terms and conditions.
FreakyVegas.com has created a solution to this problem – The Max Bet Shield! What this shield does is to protect you from placing a bet higher than the one stated in the bonus terms and conditions. Now you may be wondering how this works? Let me explain further.

The Max Bet Shield activates automatically once a bonus activates and will stay activated until you are not playing with bonus money any longer, where during this time all your bonus money and winnings earned during the bonus are being safeguarded with the help of the Max Bet Shield.

This new amazing feature is extremely helpful for you as a player since you do not longer have to worry about making a bet higher than the one allowed and breaching the bonus terms and conditions. Instead you can rest your mind whilst playing which will make the gaming experience a lot more satisfying and enjoyable.

Playing with a bonus should be fun and an addition given to the player to spice up the overall gaming experience. FreakyVegas.com wants all their players to enjoy their bonuses as much as possible and in order to do so there cannot be any misunderstanding regarding the maximum bet.

If you would like to try out this new feature yourself, you can do so by creating an account at FreakyVegas.com and start spinning those reels. For further information please view this page.

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Russian Online Casinos Supply the Donbass Separatists

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Russian Online Casinos Supply the Donbass SeparatistsReading Time: 1 minute

Pro-Russian separatist groups of the Donbass War (Eastern Ukraine) receive material funds from illegal gambling business, states a recent article published in the Russian Sobesednik magazine. According to article, part of the illegal profits of the online casinos is used to finance the ongoing conflict in Ukraine.

As reported by GC Alor analysts, the black turnover of these Russian online casinos is around 200 billion RUR (2,725,065,200.00 Euro). The Majority of these online casinos are registered in foreign administrations, like Azino777 being registered in Curacao.

As experts say, many online casinos are physically based in Ukraine, where the legislation is slightly more loyal than Russian. It is allowed, for example, to develop gaming software for third-party customers. Lucky Labs company, which is linked to the online casino “Vulcan”, operates in Ukraine as software developer.

According to the Security Service of Ukraine, which conducted searches at the office of the company lately, Lacky Labs also controls the websites of CasinoX and Joycasino. The company’s office is big. It is a 4-storey building designed for 150 people. There is also a basement area where there is a kitchen and a dining room, a gym.

Lucky Labs was founded by two Russians. Because of the sanctions imposed by the President of Ukraine Petro Poroshenko, now they are not allowed to enter the country. However, Lucky Labs continues to exist. Now the company is registered by an Ukrainian citizen.

If some of the profits of illegal online casino go to pro-Russian patriotic purposes, it becomes clear why Roskomnadzor does not block their Internet addresses. The correspondent of “Sobesednik” managed to access the mentioned online casinos without any obstacles, using no VPN or “mirrors”.

 

Source: sobesednik.ru


Source: European Gaming Media and Events

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Play’n GO ‘Slots’ Into 1st Place!

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Play'n GO 'Slots' Into 1st Place!Reading Time: 2 minutes

Company celebrates EGR victory with Slot Provider of the Year Award

 

June 22, 2018 – Play’n GO were honoured at the EGR B2B Awards on Wednesday (20thJune) as they took home the highly coveted Slot Provider of the Year Award, beating out some strong competition.

The awards, held in London’s prestigious Hurlingham Club, “celebrates and rewards the very best service suppliers in the online gaming industry” and Play’n GO were honoured to have been nominated in numerous categories including Innovation in Mobile and Best Multi-Channel Supplier.

Play’n GO were recognised for their remarkable offerings in the slot market over the past year including innovative games such as Viking Runecraft, Sweet Alchemy and Moon Princessas well as many other popular titles.

CEO Johan Törnqvist was delighted to pick up the win, and believes it is a reflection of the company’s hard work.

“It’s an honour to pick up such a sought-after award, especially with the level of competition in the category. As a company we work hard to put out the finest, most entertaining, offering to our partners in the market, and winning this award is a testament to that. We have consistently been recognised in the industry for the innovative products we release and it’s our job not to rest on our laurels, but to continue innovating”

 

About Play’n GO

Play’n GO is an award-winning supplier of high quality gaming content to many of the world’s leading casino brands.  Its genuine omni-channel solution can be tailored to suit the needs of individual online and land-based partners, regardless of geographical, regulatory, or market-specific requirements. Its games are developed in HTML5 to provide an enhanced user experience on all devices and operating systems. These are complemented by superior back-office administration tools which provide expansive reporting and marketing capabilities, ensuring operators are equipped to provide the ultimate gaming experience. The supplier’s extensive portfolio was recently recognised by the award of the IGA Slot Provider of the Year 2017 title. Play’n GO currently hold offices in Sweden, Malta, Hungary, and the UK. Please visit http://www.playngo.com for more details.


Source: European Gaming Media and Events

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Poland: Accepted Changes In Taxes, Including Gambling

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Poland: Accepted Changes In Taxes, Including GamblingReading Time: 1 minute

Poland’s lower house (Sejm) has voted down five Senate amendments to a comprehensive amendment to several tax bills, including gambling.

The adopted amendments may be applied retroactively, which is to the income earned from January 1 2018.
Gamblers will be treated in a uniform manner after the changes.

Adopted by the Sejm on May 10th of this year extensive amendment to the Personal Income Tax Act (PIT), the Corporate Income Tax Act (CIT) and the Act on flat-rate income tax on certain revenues earned by natural persons; that all winnings on machines will be exempt from PIT, the tax relief for creators will be extended to the next creative professions, the real estate income tax will be larger. This applies to provisions adopted last autumn and effective from January 1st 2018.

Unlike the regulations adopted in autumn, the amendment assumes for example, that participants of legal gambling will be treated in a uniform manner. Regardless of whether the games are organized by casino operators or a company performing a state monopoly in this area, which would be Totalizator Sportowy. In line with the provisions changed by the Sejm and approved by the Senate on Thursday, winnings in slot machine games, card games, dice games and cylindrical games – regardless of which legally operating entities organize them – will be exempt from personal income tax.

In the remaining scope, the rules of taxing winnings (in numerical games, cash lotteries, mutual bets, etc.) are to remain unchanged in relation to the provisions currently in force. Pursuant to the amendment of October 27th 2017, winnings in gambling are subject to a l0% PIT tax on winning if their one-time value of winning exceeds PLN 2,280 (528 Euro).


Source: European Gaming Media and Events

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