UK online gambling market

CMA Tackles Bonus Injustice in UK Online Gambling Industry

UK online gambling market

From humble beginnings in 1994 the online gambling industry have enjoyed huge success, projections by Juniper Research indicates it will reach $1 trillion globally by 2022. The report also indicates that the total wagers for 2018 shown an expectation of reaching $700 billion, while recorded 2017 figures reached $620 billion.

Online betters will increase to 684 million players by the year 2022, the expected rise is due to positive regulations as well as an increase in digital products. Social interaction and live streamed casino content also plays a key role in the increase, while most new online casinos as well as major brands are finding the perfect balance in combining traditional fun gaming with modern technology. Several premier online casinos invested heavily in live stream technology, Mr Green, Karamba, Rizk, Royal Panda, InstaCasino, Casumo, Casimba, Magic Red, Spinland, Play OjO and Sloty Casino all employ live dealer games to immerge players in a unique virtual online gaming experience. One of the main reasons for growth optimism is the extensive variety of options available to players from around the globe. Check for more casinos and their bonuses

Millions in the UK Welcomes Online Gambling Growth

The online gambling growth over the past decade received an enthusiastic welcoming by millions of players throughout the UK. Despite an increased focus on fair gaming guarantees as well as protecting players from potential harm the Competition and Marketing Authority (CMA), the most prominent problem gambling organisations in the United Kingdom, raised concerns regarding online casino and bookmaker fairness to players in bonus and promotional T&Cs. It also stated that several promotional conditions are in breach of member protection legislation and may mislead players. The investigation, by the CMA, started in 2016 in response to complaints made to the UK Gambling Commission and the CMA. The investigation raises concerns about invalidated bonus payouts by online operators based on small print and incomprehensible bonus terms and conditions. Check for new casino sites in the United Kingdom here,

Major Online Brands Agrees to Bonus Alterations

In June 2017 the CMA announced that five possible online brands violate UK consumer laws, these included major operators such as Winners, TitanBet, Ladbrokes, and the Playtech affiliated Williams Hill. Under the agreement, changes to the T&Cs of the above-mentioned brands will assure players always have access to their own cash.

The UK Gambling Commission is in full support of the CMA, while Sarah Gardner, the executive director of the UKGC feels that the proposed changes would ensure progress in ensuring a safer and fairer environment for online players. UKGC online licensees has also been warned to act immediately and to implement the necessary changes to meet the deadlines set by the CMA. The chances accepted by new and major brands are sure to enhance the integrity of the UK’s online gambling industry. The CMA remains focused on redefining acceptable terms in bonus as well as gaming fairness, therefore honesty and player protection will rule. Highly recommended sites offering the most authentic online experience includes  to find more about the best uk casino sites you can visit