Regulation February 2023 saw the UKGC reel in wagering requirements

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miniming
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Regulation February 2023 saw the UKGC reel in wagering requirements, stating the following:

- That all licensees review their terms in regards to bonus wagering, ensuring they comply with LCCP (Licence Conditions and Codes of Practice), consumer protection laws while also taking into consideration the Commission’s updated guidance. If requested, licensees should be able to provide evidence of how, precisely, their terms are both fair and transparent

- Welcome bonus offers – and in particular – wagering requirements should be reviewed. A requirement of the LCCP is that bonus mechanics are created in a manner fit for a socially responsible gambling environment
The UKGC also stipulates: ‘that it does not expect conditions, such as wagering requirements, to encourage excessive play.’

With a potential autospin ban on the cards, regulation of pg slot sites is becoming tighter with the player’s best interest at heart.
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