VideoSlots Makes UK Online Gaming Safer with Mandatory Loss Limits

UK online gaming site VideoSlots has introduced a mandatory loss limit feature in a bid to become one of the country’s most socially responsible operators.

VideoSlots Casino loss limits

VideoSlots Casino is helping to make UK online gaming safer by insisting on mandatory loss limits. (Image: VideoSlots)

Announced last week, the move will force UK players to specify the amount they can afford to gamble each month. Additionally, VideoSlots will ask players to prove their occupation.

Only once the initial checks are complete and a loss limit has been set will they be able to bet for real money.

Flexible Settings – Mandatory Compliance

Naturally, as people’s circumstances change, so too may the amount they’re able to wager each month. To cover these eventualities, players can adjust their settings and occupation at any time.

If they wish to increase their monthly loss limit, the changes will be reviewed by VideoSlots’ customer care team and come into effect after seven days. Any request to decrease loss limits will be fulfilled immediately.

Although unique, this isn’t the first innovation VideoSlots has introduced in recent times. Despite being one of UK online gaming’s smaller operators, it’s taken the lead with regards to responsible gambling.

In 2018, it launched My RTP. Essentially an enhanced account history tool, the feature gives players a comprehensive overview of their wins, losses, hit ratio and more.

UK Online Gaming Operators Embracing Change

Following UK Gambling Commission’s (UKGC) recent enforcement activity, the mandatory loss limit update seems like a timely idea.

In June, 32Red was slapped with a £2 million fine for allowing one customer to deposit £758,000 over a three-year period despite earning £2,150 per month.

Similarly, Ladbrokes Coral was fined £5.9 million in July for historical governance failures relating to vulnerable customers.

Although VideoSlots new feature isn’t foolproof, it is a step in the right direction.

Naturally, for its own interests, having what’s essentially an industry first is an important selling point. However, for UK online gaming as a whole, the update could inspire similar innovations.

Earlier in August, ComeOn launched a new AI-based project designed to track players in a more intelligent way.

Between this and VideoSlots’ push to know their players more intimately, UK online gaming operators are clearly becoming more conscious of consumer safety. That’s something politicians and ant-gambling advocates can’t simply ignore.

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