Wednesday, 7 August 2019

Videoslots Casino Operator Makes Loss Limits Requirement Mandatory

Videoslots Loss Requirements

Videoslots casino has made headlines after being the first online casino to make loss limits requirements mandatory.

The popular online casino, which launched back in 2011, strengthened its responsible gambling procedures this week by implementing the new policy which makes loss limits requirements mandatory for all players. This means registered users are required to set a loss limit budget before making any bets.

A loss limit budget can prevent players from losing large sums of money and prevent them from forming a gambling addiction. Once a player reaches their loss limit budget, they will receive a message and will be blocked from making any additional wagers. Players at Videoslots can set a daily, weekly or monthly loss limit.

Videoslots has become the very first online casino to introduce such rules in the United Kingdom and the operator is hoping that fellow casino sites will follow in its footsteps to prevent gambling problems and help those struggling with addictions.

In a statement, Alexander Stevendahl, the Chief Executive Officer at Videoslots, said: “Responsible gambling is our number one priority and this requirement adds an extra level of safety for Videoslots players. We believe gambling should be a fun and engaging form of entertainment and we hope our initiative will help keep it that way. Hopefully, other operators will join us in our stance.”

Videoslots: A Growing Brand

The news comes just weeks after the online casino launched a groundbreaking new mobile feature that allows registered users to play two games simultaneously on the same device. Available on both iOS and Android devices, the feature also allows players to make deposits, claim bonuses and browse other slot games all while playing a game.

Just last week the online casino made news for adding its 3500th online slot; NetEnt’s Grand Spinn. The website also offers games by other providers such as Microgaming, Yggdrasil, Playtech, Lightning Box, Shuffle Master, WMS, Aristocrat, Push Gaming and much more.

Videoslots has been praised by gamblers and critics for its acceptance of various payment options and for offering a huge collection of promotions and bonuses, including a free spins no deposit bonus. On top of that, the site provides players with excellent customer support through a team that is always ready to help.

If you’d like to know more about Videoslots, check out our review on the website here.