Spanish consumers are ordered to declare gambling winnings in tax returns

By Ramona Depares

Spanish gamblers who have been playing fast and loose with their tax obligations are in for a rude awakening as the government is turning its gaze towards tax on winnings from both land-based and online casinos. 

Although up till now the small matter of paying the government its share of any winnings was not particularly enforced, it looks as though things are set to change drastically following a surprise announcement by the tax administration agency in Spain. Agencia Tributaria (AEAT) director general Soledad Fernández stated that the agency would increase its scrutiny of profits from online casinos. Also in the line of fire are profits from cryptocurrency, foreign income and property rentals. 

And, as the Spanish population is on the cusp of filing income tax returns for the year 2023, the decision couldn’t have come at a more inconvenient time. So far, the agency has already issued around 2.9 million notices to taxpayers, including 64,000 notices about winnings arising from gambling and around 1 million notices regarding profits from crypto. The move is unprecedented. 

The Spanish government had already been heavily criticized for lowering the threshold for tax due on gambling profits in 2022. Now, things look set to heat up as critics like the Partido Popular (PP), Spain’s Conservative Party and opposition, are unlikely to let this go by quietly. 

Unpacking the tax requirements for gambling winnings in Spain

There was a time when winnings from the best online casinos weren’t subject to any tax if you’re in Spain – as long as these are under €300. Then, in September 2022 the Ministry of Finance decided to close what it referred to as a “loophole” and to start charging tax on all winnings, including those under the €300 threshold. This was done by amending tax model 190 on personal income declarations for business, economic, gambling, and capital gains, which also required the declaration of prizes of under €300. 

To understand exactly how much tax a Spanish gambler who hits it lucky at online casinos will now have to pay, we need to backtrack a little and cover the different classifications of gambling under Spanish law. 

In Spain, the law recognises two types of gambling activities for the purposes of filing a tax return – the first refers to winnings from state-controlled lotteries, both of which have a long and illustrious history in the country. In this case, the state applies a flat rate of 20% tax on winnings over €2,500 that is applied to a personal income exemption of €40,000 per year. 

The other category is for winnings derived from private gambling outlets. Winnings from an online casino would fall within the latter category, and it’s here that things get a bit more complicated. The actual percentage of tax paid depends on two factors – how much you win and your base income for that year. To put it simply the amount you win is added to your gross annual  income, and the following tax rates are applied to the entire amount: 

• Income (including any winnings) up to €12,450 euros: 19%.
• Between €12,450 and €20,200: 24%.
• Between €20,200 and €35,200: 30%.
• Between €35,200 euros and €60,000: 37%.
• Between €60,000 and €300,000: 45%.
• More than €300,000: 47%.

Up till 2023, any winnings under $300 did not qualify for the above and Spanish gamblers were under no obligation to declare them. As of last year, the requirement of disclosure was imposed on any amount of winnings, no matter how small, with the obligation already in force when the 2022 base year tax return was being filed. However, it’s only this year that the government has stepped up efforts to ensure this law is respected, sending out notices ahead of tax filing season and warning taxpayers that any infringements would be prosecuted. 

Based on the newly-enforced law, let’s say that you win €100 while playing at online casinos, and your base income is $30,000, which means that your total income is €30,100. Here’s how you will be taxed: 

• 12,450 at 19%.
• 7,750 at 24%.
• 9,900 at 30% 

Sports betting and casino winnings need to be declared on a separate form from the regular income. Although this law has been in force throughout 2023, it appears that efforts now are going to be revved up to ensure that Spanish gamblers pay the government its dues.  

So what happens if you fail to declare any winnings? For starters, you’ll be falling foul of the Spanish Tax Agency, which has already declared that it will be going through casino revenue with a fine-tooth comb so as to scope out anyone trying to shirk their responsibilities. If you’re caught, you will obviously have to pay the tax anyway, but you’re also looking at a late payment fee and a fine that can be anything between 50% and 150% of the tax owed. 

Sadly, the chances of being caught out are reasonably high, as the General Directorate of Gaming Regulation in Spain automatically receives all data collected about the identity and activity of players (including winnings). This applies not only to land-based but also to online casinos. This means that they literally have a list of all the names of those who should be paying gambling tax. Very difficult to escape that one, so our advice is in all matters to respect the law! 

Specific declarations on crypto and foreign transactions

Spain has always viewed crypto and foreign transactions (such as those involving NFTs) as capital gains and taxed them accordingly. Taxpayers were always obliged to declare any profits in their annual tax return, with tax being levied on the profit made when you sell your crypto for fiat or for other cryptocurrencies, or even when you sell an NFT. The amount you pay depends on the amount of net profit made, as per the below table: 

• Profits up to €6,000 – 19%  
• Profits between €6,000 and €50,000 – 21%  
• Profits between €50,000 and €200,000 – 23%  
• Profits between €200,000 – €300,000 – 27%  
• Profits over €300,000 – 28%  

The amount of profit is calculated using a specific formula that depends on the price fluctuation since you originally purchased your crypto. Let’s take a concrete example: 

• You buy 0.05 BTC for €3.000 + 2% transaction fees. In this case, your cost €3,060.
• You then sell it for €3,400. This means you’ve made a profit of €340 which is considered as a capital gain and is thus taxed at 19%.

Buying crypto with fiat is not taxable while receiving crypto via a mining process is taxed as regular income. The same applies to any crypto received as a salary.  

So what has changed? While tax rates have remained the same, the finance ministry has sent out strong signals that violations will be taken more seriously. According to Spanish press El Economista, a new tax reform has been enacted allowing the ministry to seize any crypto or NFTs in case of failure to pay taxes. This year the Agencia Tributaria has already sent out 325,000 warnings to those who failed to declare their earnings in time for the March deadline. And, thanks to a collaboration with crypto exchanges, crypto transactions are very effectively monitored. As with the case of those who fail to pay income tax on winnings from online casinos, discovery is very likely. 

How is this likely to affect the best online casinos in Spain?

As the whole world moves towards more effective regulation of online casinos and other forms of gambling, this move by the Spanish government may be annoying, but it certainly is not unexpected. Most European countries and US states are implementing an effective system of rules not only as a means to generate revenue but also to encourage responsible gambling. In view of this, the new tax rules are very unlikely to have a tangible impact on the popularity of the best online casinos, as players become more and more accustomed to this new legal framework. 

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More SkyCity Bigwigs Resign

In a surprise development, SkyCity Entertainment Group faces another significant setback as David Christian, the Chief Operating Officer, decides to leave the company. This follows the earlier exits of the company’s CEO, Michael Ahearne, and CFO, Julie Amey, marking another departure from the casino operator’s senior ranks. 

Christian, who had been with SkyCity since 2005 and became COO in February 2021, left his position on April 12, 2024. His departure has impacted investor confidence, leading to a 1.33% drop in SkyCity’s shares to $/€1.85, resulting in an 18.14% decline over the past year. 

In response to his departure, SkyCity has acted swiftly to secure stability, with CEO Callum Mallet stepping in to cover Christian’s duties until a permanent successor is appointed. Callum Mallet praised David’s extensive tenure with the company, highlighting his contributions in many senior positions. Specifically, David’s leadership at SkyCity Adelaide during a particularly challenging period showcased his resilience and strong management skills. 

According to iGB (iGamingBusiness.com), SkyCity board chair Julian Cook stated, “On behalf of the SkyCity Adelaide board and the SkyCity board, I thank David for his tireless efforts and dedication to SkyCity and wish him well.” 

However, these departures represent a major upheaval in SkyCity’s leadership, sparking conjecture and doubts about the entertainment conglomerate’s future direction. Adding to the news, the company behind this best online casino also faces allegations of noncompliance with anti-money laundering and terrorism funding legislation in Australia and New Zealand. 

Uncertain Times for SkyCity

As SkyCity Entertainment Group encounters multiple setbacks and managerial changes, uncertainties surrounding the future of this operator continue to grow. Over the last year, the company has seen severe instability, including the resignation of several senior executives, including CEO Michael Ahearne.  

Ahearne formally left the company in March, with Mallet taking over interim leadership while the operator searches for a permanent replacement. Mallet was formerly the chief operating officer for New Zealand, and SkyCity appointed Brad Burnett to replace him on an interim basis. Burnett was previously the general manager for table games at the Auckland facility. 

SkyCity announced in February 2024 that it expects to pay an additional $/€13 million in casino duty after the South Australian Court of Appeal ruled that gaming machine credits earned through loyalty points should be counted as gaming revenue when calculating casino duty at the SkyCity Adelaide Casino.  

Subsequently, the ruling will impact its underlying group EBITDA by approximately $/€2 million, with the remaining additional casino duty payable for previous periods to be paid as a one-time expense. 

SkyCity’s subsidiary is facing a civil penalty prosecution by the New Zealand Department of Internal Affairs after the company was suspected of violating anti-money laundering and terrorist funding legislation in both Australia and New Zealand. Besides that, the company will also go before Australia’s Federal Court in June. 

Background of SkyCity

Established in 1996, SkyCity is a subsidiary of SkyCity Entertainment Group Limited, one of the world’s leading tourism, leisure, and entertainment companies. In addition to the online casino, which is available to players in New Zealand and Australia, the company also runs land-based casinos in Auckland, Hamilton, Queenstown, and Adelaide. 

The company is publicly traded on both the New Zealand Stock Exchange and the Australian Securities Exchange. Its shareholder base includes institutional and individual investors. As a result, the company employs strong corporate governance standards overseen by its board of directors to guarantee compliance with guiding principles. 

Brick-And-Mortar  

SkyCity operates entertainment complexes in New Zealand, more specifically in Auckland, Queenstown, and Hamilton; as well as in Adelaide, Australia. These venues provide a variety of services, including gambling areas, entertainment, and high-end bars, with the goal of appealing to both local and international visitors.  

There are also luxury hotel accommodations at the resorts in Auckland and Adelaide. Furthermore, some places have excellent dining options, with the dinner menu allowing you to sample items before making a decision. Most importantly, visitors can join the elite Premier Rewards club, allowing them to participate in special draws and events and enjoy great-value meals and beverages.  

Online Casino Platform 

In addition to its land-based casino activities, SkyCity Online Casino provides New Zealanders with a fun and immersive low-deposit casino experience. The website first went live in 2019 and has since been the go-to betting hub for New Zealanders due to its incredible game offering, professional support channels, and responsible gambling practices. 

Players can enjoy over 1,000 slots, card games, and live dealers from the world’s leading casino software studios, the likes of Evolution, NetEnt, Pragmatic Play, and Microgaming. There’s even a wide selection of bonuses and promotions available to claim once registered. Find out more about the online platform by checking out our SkyCity Casino Review. 

Regulatory Scrutiny and Legal Disputes

The DIA of New Zealand has announced plans to file civil penalty proceedings against SkyCity Entertainment Group in the High Court. This legal move increases the company’s problems, potentially indicating regulatory attention and financial consequences.  

SkyCity Casino Management Limited is accused of failing to comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. In the event that such claims were proven partially or completely true, SCML could be fined an amount of up to $/€8.0 million. 

Draft filings outline five causes of action deemed “important” compliance concerns under the Act. SkyCity stated that these issues are primarily historical, with some having previously been self-reported to the department.  

SkyCity’s net debt was $/€443 million in June, with an additional $/€390 million in undrawn debt reported. In last year’s annual reports, the company stated that it expected that sum to rise due to some big one-time payments but that it would remain comfortably within its debt limits. 

However, things could get worse before they improve. SkyCity has written down the value of its Adelaide casino by $/€45.6 million. However, an independent examination by the South Australian government into whether it should be stripped of its licence is still pending. It will not begin until a settlement with AUSTRAC is struck.  

Asset sales must be discussed among the executives attending, at the very least. On the other hand, it might not be easy to find a buyer willing to pay anything near the middle market for an asset with as many barnacles as Adelaide. 

In New Zealand, online casino regulators are still considering suspending SkyCity’s licence for 10 days due to alleged violations of regulations governing reducing gambling harm to customers and incidences of ongoing play.  

Additionally, SkyCity’s warnings about a likely fall in EBITDA in 2024 serve as a sobering reminder of the looming economic issues. Such forecasts reflect the considerable uncertainties confronting the entertainment and hospitality industries and highlight the importance of bold leadership and strategy recalibration in surviving these tumultuous conditions. 

Despite recent problems, SkyCity remains a significant player in the regional entertainment industry, ready to manage new challenges with tenacity and agility. SkyCity announced this week that Jason Walbridge, a strategic adviser to Aristocrat Leisure, will become the company’s CEO in July. He’ll arrive at a moment when the rollercoaster has little chance of slowing.

Latvia Concourt finds that gambling restrictions have breached the Constitution

By Ramona Depares  

It’s finally official – the Latvian government cannot stop casinos from operating in the country’s capital of Riga. The Constitutional Court recently released its ruling on the matter, deeming the forced closure of some 42 gambling halls from within the historic centre of the capital to be an illegal and unjustified violation of rights.

This ruling effects the organization of gambling, including the operation of online casinos, as a legal form of business in conditions of free competition, the Constitutional Court noted that commercial activity is one of the prime intended uses of the city of Riga. On this basis, the court ruled that Riga Municipality had failed to bring forth valid reasons why the commercial activity of gambling should not be allowed and thus reversed the government decision.

Both land-based and online casinos in Latvia are licensed to operate by the Latvian Gambling and Lottery Supervision Inspection, which makes such activities 100% legal.

Latvian Gambling Business Association says rights were violated

Trouble started brewing when the Latvian government decided to enforce a legal provision stipulating that providing gambling services is not allowed in the entire administrative territory of Riga unless the gambling venues are located within four or five-star hotels. The provision resulted in a number of gambling hall operators having their premises closed down. All the operators were working with a valid license.

The legal regulation in question was enacted by the Riga City Council some six years ago. In 2021, the municipality devised a new spatial plan that necessitates the closure of gambling halls in order to be implemented. Then, in September 2023, the council took the definitive step of revoking the gambling licenses of 139 gambling halls, giving them a five-year time limit to close down operations.

This prompted the Latvian Interactive Gambling Business Association (LIAB), which is tasked with presenting a united industry opinion and promoting responsible gambling, to cry foul, stating that the measure violated the rights of several people, including the licensed operators and the foreign investors who had placed their trust in the businesses.

As a result, several entities filed legal complaints about the issue, until the matter ended up in front of the Constitutional Court. The list of complainants included Olympic Casino Latvia, Alfor, and Joker, who claimed that the municipality’s new spatial plan violated Article 105 of the Constitution, which safeguards property uses and license restrictions through lawful channels.

The spatial plan was temporarily suspended by the Minister of Environment Protection and Regional Development Artūrs Toms Plešs, delaying the closure of gambling halls. However, the next minister, Māris Sprindžuks, reversed his predecessor’s decision. The Riga City Council finally brought matters to a head by revoking 139 licenses and closing off 49 gambling establishments, claiming that this would protect the public from the negative effects of gambling.

As a result, the matter ended up being debated in front of the highest court of the country, where the Riga Municipality defended its position by insisting that the government had every right to restrict gambling activities in certain areas. However, while the court agreed with this in principle, it added that the organization of a gambling business is a lawful commercial activity in keeping with the conditions of free competition.

Communicating its decision to LETA, which is the main Latvian news agency, the court explained that when limiting this right the municipality must offer a just reason for this decision, otherwise it is a direct violation of human rights. The court explained that, in order to be legal, such gambling restrictions are not only the protection of the rights of residents to be shielded from the risks of problem gambling that need to be considered. The municipality also needs to respect the right to business that’s protected by Article 105 of the Latvian constitution. Banning gambling in sensitive areas like where there are educational, cultural, sports or children’s facilities is reasonable, but the municipalities must first carry out an assessment exercise to determine all such relevant aspects.

The Riga City Council had failed to carry out this step before it decided to impose gambling restrictions on the entire territory of Riga. In view of this, the court decided that the provisions violated the Constitution and thus revoked them in their entirety.

Background of Gambling in Latvia

Land-based casinos were legalized in Latvia way back in 1998 and, since then, it has been working on improving its legal infrastructure. In 2005, the law was updated to include online casinos, providing a solid framework for all offshore gaming activities. All gambling activities are regulated by the Lotteries and Gambling Supervisory Inspection, which covers casino gaming, poker, bingo, and betting. Fantasy gaming is yet to be legalized.

Latvia is one of the few jurisdictions that has zero tolerance for unlicensed online casinos, and it has so far succeeded in enforcing this rule. As a result, the country is in fact known for having some of the top online casinos in the world, with excellent responsible gambling tools and high security standards.

Since 2021, and partially due to COVID, land-based gambling is waning in popularity while the use of gambling sites is on the rise, with revenue from offshore gambling increasing by 91.8% in 2021. Online casinos brought in the lion’s share of this revenue – €87.8 million out of €109.

Will online casinos push gambling halls out?

While it’s too early to predict such a drastic measure, statistics show that Latvians are increasingly turning to online casinos rather than gambling halls. Still, whatever the future might hold, operators in the territory are undoubtedly celebrating this celebrated win. The future of gambling halls in Riga is, so far, guaranteed.

Proposed Revisions to the Bulgarian Gambling Act Rejected by Parliament

The Bulgarian Parliament rejected proposed amendments to the Gambling Act aimed at reducing the broad influence of gambling-related ads at new online casinos. The amendments, offered by Kostadin Kostadinov of the Vazrazhdane party, were defeated 67-29, despite backing from BSP for Bulgaria and the populist group “There Is Such a People”.  

The proposed measures aim to address social problems associated with gambling, including the implementation of stronger advertising regulations at top-rated online casinos and the establishment of an empowered register for those suffering from gambling addiction. 

However, dissident voices from GERB-UDF warned about the potential negative impact on municipal sports institutions, noting that such measures would only scratch the surface of addiction’s underlying roots. 

The Proposal Also Included a Fine for Media Outlets

Earlier this week, some of Bulgaria’s best brains joined in the endless debates about gambling in Sofia’s Parliamentary House. The controversy began at the end of last year when Kostadin Kostadinov and his nationalist party, Revival (Bulgarian: ‘Vazrazhdane’), drafted a proposal to change specific provisions of the country’s current Gambling Law.  

Kostadinov’s goal was to develop a more consistent regulatory structure. One noteworthy point of interest was the near-complete revision of advertising restrictions at best online casinos.  

The reforms were sought because the political party Vazrazhdane feels that they are required to combat the onslaught of ads for gambling that dominate TV, radio, and other electronic media, reaching children and vulnerable people – a clear violation of present legislation. 

Four months after Vazrazhdane stated the draft, Kostadinov spoke from the Parliamentary tribune on March 29th, criticising his colleagues for their lack of interest in the document and the failure of the competent committees to review it.  

According to the Bulgarian News Agency, he said that Vazrazhdane would once again campaign for the amendments’ adoption, bringing the proposed modifications up for consideration during the first plenary session in April.  

Will Banning Advertising On Gambling Solve Any Problems

Lyuben Dilov, a member of the GERB-UDF party, expressed concerns about the proposed Gambling Act changes. According to Gambling News, Dilov went on to say that if the proposed modifications, which include a blanket ban on gambling advertising, are passed, these institutions will lose a significant source of revenue. 

He was especially concerned about these reforms’ potentially harmful impact on municipal sporting institutions, which frequently rely on sponsorships and relationships with gambling enterprises for money and sponsorship.  

Dilov disagreed with the idea of entirely prohibiting gambling advertisements. He stated that such a policy would simply address the symptoms of gambling addiction rather than the underlying reasons. In his opinion, the core causes of gambling addiction are linked to human nature and personal circumstances, which he feels should stay “untouched and unchanged”.  

This implies that he believes people should be free to make their own decisions, including the decision to gamble at low-deposit casinos. Instead of implementing blanket restrictions, more focus should be placed on providing treatment and support to people suffering from addiction. 

In essence, Dilov’s argument is about striking a balance between the necessity to protect vulnerable people from the evils of gambling and the potential economic consequences of severe laws, as well as addressing the main causes of gambling addiction. 

Implications for the Gambling Industry in Bulgaria

During the parliamentary debate, Clement Shopov, a fellow Revival member, raised the issue of problem gambling, referring to it as ‘the quiet addiction’ due to the stigma associated with it. He listed other European countries, including the Netherlands, Belgium, and Italy, as examples of severe advertising regulations Bulgaria should try to emulate. 

He emphasised that the goal of gambling ads, in his opinion, was not just to attract new customers at casinos with a minimum deposit but also to hold the attention of vulnerable people – who, it was argued, were the most profitable for the gambling industry.  

Regarding the planned withdrawal changes, Shopov stated that consumers should be able to get quick deposits and winning settlements from land-based casinos up to a maximum of $/€5,000. He believes this will discourage clients from returning since banks can sometimes take several days to transfer payments. 

Furthermore, Shopov advocated for eliminating gambling operator licencing fees in favour of a 15% tax levy on all deposits made, as was the case before 2014, when the Bulgarian Socialist Party was in power. He believes this will create a more equal and viable gambling industry in Bulgaria. 

Another proposed change was to compel players to stay on the self-exclusion register for at least two years. This was done to address players’ ability to migrate between online casinos and get past bans. 

The proposed amendments were rejected in a recent plenary session because the political majority abstained despite the support of a populist minority. However, the future of Bulgaria’s gambling business remains undetermined, as early elections will likely occur in June. 

Implications for the Gambling Industry in Bulgaria

The suggested changes’ impact would be determined by the details of the carried-out amendments and their enforcement. However, these places could have major consequences, such as: 

• Advertising Restrictions: Prohibiting gambling advertisements could significantly alter the marketing landscape for gambling firms, potentially diminishing their visibility and impacting customer acquisition efforts. 
• Levy Adjustments: Adjustments to licensing taxes and gambling levies may pose financial challenges for gambling companies, with potential outcomes ranging from increased to decreased financial burdens. 
• Regulatory Oversight: The transfer of regulatory oversight from the State Commission on Gambling to the National Revenue Agency could alter industry regulations, licence issue procedures, and compliance monitoring. 
• Tax Revisions: Proposed changes would bolster fiscal revenue, particularly through equal taxation of land-based and online wagers on sports, horses, dogs, and random events, as stipulated in the amended Gambling Act. 
• Impact on Sole Traders: Amendments could heighten financial requirements for small entities within the sector and restrict sole traders’ access to casino and gaming hall licenses, potentially impeding their participation in the industry. 
• Self-Exclusion Measures: Improving the efficacy of the national self-exclusion registry could provide better protection for people who want to refrain from gambling activities. This falls in line with responsible gambling measures and could help minimise problem gambling.  
• Increased Payouts: Doubling land-based win payouts from $/€2,500 to $/€5,000 may enhance the appeal of land-based gambling for players, yet could also foster increased gambling activity and, consequently, problem gambling occurrences. 

Following the proposal’s defeat, all stakeholders are now intensely focused on the Bulgarian Parliament, waiting to see whether the proposal will be revised for re-submission or a new proposal will be created and submitted to the parliamentary floor for discussion. The verdict will undoubtedly affect the future of Bulgaria’s gambling and online casino industry.

Exploring What BetConstruct’s Metaverse Casino Looks Like

By Shadrack Kairu

The online world is evolving at rapid speed and today we are witnessing a real metaverse casino in the making. Software provider, BetConstruct, has created a metaverse platform called BCVerse – we couldn’t be more thrilled about it. This platform is still in the final stages of development and will be launched soon. For us, World Creativity and Innovation Day 2024 on the 21st of April is the perfect opportunity to showcase the future of top online casinos.

The term “metaverse” has been thrown around a lot but let us take you through what it actually means. Well, we have reviewed it, and here is what we’ve found.

What is the Metaverse?

In a metaverse casino, players can move around virtually, explore, and test out new casino games. Whereas in an online casino, players are limited to a single website.

The metaverse consists of 3D spaces where people can explore by moving with their avatars and interacting with their surroundings.

This is made possible through special effects and animation (like in movies or video games) and real-life and immersive sound effects. Each world you step into is customized environments designed specifically for players of diverse backgrounds.

How Metaverse Casinos Integrate Virtual Reality (VR) Technology

Ther use of virtual reality (VR) technology id magnificent. When you put on a VR headset and enter the casino, you’re suddenly transported into a fully 3D, incredibly realistic gaming environment. The level of detail is amazing too. You can see every part of the slot machines, the cards being dealt at the tables, and even the expressions on the other players’ faces. It really feels like you’re standing in the middle of the casino.

But the VR experience goes beyond just great visuals. The technology also lets you interact with the casino using natural movements and gestures. Want to place a bet? Just reach out and tap the table. Feel like spinning the roulette wheel? Grab it and give it a spin. This makes the whole experience feel so much more real and lifelike.

The VR integration also opens up new ways to experience casino games. You might find yourself viewing the entire casino from above to give you a bird’s-eye view to plan your strategy. Or you could get a totally different perspective on the games, thereby making them even more exciting.

As the VR technology keeps improving, you can bet the metaverse casino experience is only going to get better. Sharper graphics, more realistic haptic feedback, and even tighter connections between the virtual and real worlds are all on the way.

Casino Brands Available in the Metaverse Casino

One of the most brilliant features is of how they incorporated casino brands into the virtual casino floor. As a start, some of the most favored casino brands have already got their foot in the virtual door. And you can review some of the options below:

• HollywoodBets South Africa
• Betsson
• LV Bet
• Gbets
• Vbet
• Circus
• Dafabet
• Interwetten
• Play.co.za
• Apuesta

How to Get Started Designing Your Own Avatar

Upon setting up an account, you’re allowed to design your own avatar to serve as your digital representative within the casino. It’s through this avatar that you’ll interact with the gaming environment and engage with other players. Make your identity unique – choose a cool new hairstyle, wear fancy casino clothes, it’s all up to you!

The Role of Virtual Coins at Metaverse Casinos

In the metaverse casino, traditional fiat currencies are often replaced by virtual coins or tokens. These digital assets serve as the primary medium of exchange and allow you to make wagers, collect winnings, and participate in various in-game activities.

Using digital currency comes with several advantages including faster transaction times, reduced fees, and enhanced security through the implementation of blockchain technology. Additionally, the decentralized nature of these digital assets empowers players with greater control over their financial dealings.

To get started, you’ll typically need to create a digital wallet to store and manage your virtual currency. This wallet, which can be accessed through a dedicated app or web interface, allows you to securely deposit, withdraw, and track your earnings.

The process of obtaining virtual currency often involves exchanging real-world fiat money for the casino’s proprietary tokens or cryptocurrencies. You may also earn virtual assets through successful gameplay, participation in community events, or even through the completion of specific tasks or quests within the casino.

Worth noting is that you can seamlessly convert between virtual and real-world currencies at most metaverse casinos. What this means is that you’re able to withdraw winnings, transfer funds to external accounts, or even use your virtual assets to purchase physical goods and services.

Payment Methods Available at BCVerse

• Mastercard
• Visa
• EcoPayz
• Jeton
• PayPal
• AstroPay
• Inpay
• iDeal
• Nuvei

How Secure are Metaverse Casinos?

Metaverse casinos use blockchain technology to build an unbreakable fortress around your information and money. These casinos also use the most advanced encryption and digital wallets to protect your virtual money. The encryption keeps your funds 100% safe from thieves. The digital wallets also make sure only you can access your money.

Finally, all metaverse casinos must follow strict rules to prevent money laundering and know their players. This helps to protect the casino and the players.

How BCverse is Transforming the iGaming Business

For users, BCverse offers a cutting-edge combination of gaming, networking, and commerce. The platform allows you to control your own avatars and access BetConstruct’s solutions while also exploring new business opportunities.

One of its standout features is its advanced AI assistant technology. These AI assistants are available 24/7 and can communicate in over 100 languages, providing you with instant support and guidance on navigating the platform and its offerings.

BCverse is also designed to be a truly comprehensive platform for online business. You can utilize the virtual spaces for networking, collaboration, and even conducting commercial transactions. In the developer’s words, BCverse seeks to provide an “unparalleled niche” for businesses to thrive in the metaverse, where ideas can be transformed into real-world solutions.

The launch of BCverse is a significant milestone for the iGaming industry, as it marks the first time a dedicated metaverse platform has been introduced specifically for this sector. For businesses, it presents a unique opportunity to explore new avenues for growth and innovation.

Here is How you can Test out Casinos at BCverse Yourself

Step 1: Visit the BCverse website at https://meta.betconstruct.com

Step 2: On the homepage, you’ll see the “Use Your Email” or “Explore” button. Click on either one to begin the registration process.

Step 3: Enter your email address and create a secure password. Make sure your password is at least 8 characters long.

Step 4: Agree to the casino’s terms of service, and you’ll be on your way.

Step 5: Check your email for a 5-digit verification code, and enter it on the next page within 30 seconds to complete your account registration.

Step 6: Finally, you’ll be asked to generate a unique nickname for your avatar. This is your chance to create your digital persona and personalize your experience within the platform.

Once you’ve completed these steps, you’ll be granted access to your personal dashboard, where you can explore the various casinos and sportsbooks on the floor.

What Games to Expect

Players can expect the usual suspects available from software providers they know and love. These include table games like poker and blackjack, optimized for a great virtual experience.

Wagering options

The integration of cryptocurrencies and virtual currencies in metaverse casinos introduces new and more flexible wagering options. Players can engage in traditional betting formats, as well as explore novel wagering mechanisms that leverage the unique capabilities of the virtual world.

Regulatory compliance

As metaverse casinos operate in a rapidly evolving legal and regulatory landscape, they must adhere to stringent financial compliance measures. This includes implementing robust anti-money laundering (AML) protocols, Know Your Customer (KYC) procedures, and other safeguards to ensure the integrity and security of player funds and transactions.

Female-focused Ontario online casino gets $5m funding

By Ramona Depares

Canadian online casino Betty has just secured $5 million in funding after a highly successful seeding round. The brand is considered one of the top Canadian online casinos, often praised for its female-inclusive approach and its ethos, which welcomes all genders.

The news, which was reported by PR Newswire and other major media, was welcomed by Canada’s growing community of female players and is expected to further strengthen the brand’s positioning as a leader in the sector.

Betty managed to raise the $5 million during a pre-Series A funding led by CEAS Investments, as the company is preparing to enter the upcoming Series A round. Among the investors forming part of the CEAS syndicate are Powerhouse Capital, Courtside Ventures and HappyHour.

The syndicate is an early-stage venture fund based in Florida which offers investment opportunities from pre-seed through IPO. In the past, it has helped companies like data-integration platform Fivetran achieve unicorn status.

It is made up of Powerhouse Capital, which has previously invested in tech-driven media brands like Fanduel and Wondery; HappyHour, which focuses on iGaming startups like Kero Sports and Livespins; and Courtside Ventures, which exclusively invests in sports, gaming and lifestyle verticals like The Athletic and StockX.

Meantime, Betty’s unique, female-centric approach has led other industry leaders to classify Betty as one of the best online casinos in Canada. In fact, this wasn’t the first time the brand benefitted from such funding, having previously raised a staggering $7 million.

The investment was made in May 2023 by HappyHour.io, with the press statement referring to the Betty’s “operational know-how” that placed the brand in an excellent position to provide a “safe, social and inclusive” environment for female slots players.

In an interview on HL.com, Co-Founder and CEO of Betty Justin Park, stated that the gambling market rewards “businesses that focus on specific customer personas and specific markets”, while pledging to make “female-friendly” entertainment and inclusivity a cornerstone for the Canadian online casino. So far, it certainly looks as though he is making good on the promise.

According to a new report in iBusiness News, this most recent round of funding will be used to enhance live operations capabilities in Ontario, increase user acquisition, and transform Betty’s unique proprietary platform from Midnight 1 to Midnight 2. PR Newswire adds that players should expect a February soft launch of the platform, which is tailor-made for North American players. This will be followed by a full-scale market launch around the second quarter of 2024.

Why Betty Casino has great appeal in Ontario

Betty Casino owes a big part of its success to the way it has worked to introduce a female-focused approach to its gambling services, a strategy that has cemented its position as one of the most popular Canadian low-deposit casinos.

In a statement published on the official website, HappyHour Managing Partner Robin Reed stated that Betty has “a clear vision and plan to differentiate themselves in the market by prioritizing female online slot players and by building an in-house platform”.

Reed confirmed that “it’s a privilege to support their growth, both in terms of capital and product expertise, and we look forward to continuing on this exciting path together”.

In the same statement, investors Courtside Ventures and Powerhouse Capital echoed Reed’s words, focusing on Betty’s ability to “supercharge user growth and revenues”.

Salim Mighta, Managing Partner at Powerhouse Capital, added that “Betty has successfully implemented best practices from the most successful mobile gaming franchises into the real money iCasino market”, a strategy that has undoubtedly played a strong role in helping it secure investment from CEAS Investments.

CEAS Investments praised the way Betty managed to “harness the power of the female gaming audience” by creating a “unique online casino experience” that caters to female players. Indeed, the brand’s passion for transparency, gamification and community-based play has gone a long way towards helping it secure this portion of the market.

Betty Casino’s long-term strategy has helped it differentiate itself from other casino platforms, resulting in significant growth. Its retention rate for female players is reported to be three times higher than that of other online casinos in Canada.

Background on Betty Casino

Betty Casino is a relative newcomer to the online casinos Canada landscape, having been founded in 2022. In the short span of time, it’s been active, it has managed to make huge waves, with 2023 seeing an aggressive expansion strategy securing a significant portion of the North American gambling market.

The brand obtained its Alcohol and Gaming Commission of Ontario (AGCO) gambling license in January 2023, enabling it to kick off gaming operations in the province. Betty Gaming is based in New York, with branches in Toronto and Bulgaria, and its founding team had previously successfully launched a US sports betting media platform, QL Gaming Group, which was later acquired by Audacy.

It is owned by Betting Gaming CA, with a team that according to PR Newswire has collectively amassed more than 50 years of experience in the online casino landscape. Its biggest customer based remains Ontario and, since launching, it has reportedly amassed an eight-figure net revenue run rate that has grown 30% month on month according to the HappyHour.io website.

Betty Casino’s main product combines traditional online slots with mechanics from the most successful free-to-play mobile gaming franchises like Candy Crush. To learn more about this gambling site, check out the Betty Casino review on Minimum Deposit Casinos Canada.

The perks at Betty Casino

Betty Casino is ranked by our experts as one of the best Canadian online casinos, and when we look at the offering it’s no wonder. It provides main slots offering from big league software providers like NetEnt, Pragmatic Play and Red Tiger Gaming, with a library that’s fully mobile responsive for gambling on the go.

The brand is known for its generous bonuses, especially for new players who currently benefit from a sign-up package of 100 free spins with a first deposit of at least $20. The free spins can be used on a selection of nine slots, including the iconic Big Bass Bonanza, Cleopatra and Gods of Olympus. Each spin is worth $0.20 and the wagering requirements are ridiculously low – 1X. This makes Betty Casino a favourite $20 deposit casino in Canada, as the generous terms guarantee an excellent experience even if you have a very low bankroll.

There are many other promotions for players who decide to make more deposits, too. A second deposit of $30 will net you a spectacular 125 free spins on Queen of Gods at a value of $0.1 per spin. A third deposit of $50 bumps you up to an additional 150 free spins, this time on Gates of Olympus. All free spin offers come with a 72-hour expiration period.

There’s plenty more to keep you in Clover at Betty Casino, with Pragmatic Play tournaments bearing huge prize pools, seasonal offers and even a 30% reload up to $200. Popular payment methods for Canuck players, such as credit cards and e-wallets, are available, making it very easy to start playing at this online casino in Canada.

Two betting companies are in hot water for displaying ads during a test cricket match

The New Zealand vs Australia cricket match in Wellington was one to remember. But it was not all about sports. Responsible gambling, top NZ online casinos, and minimum bet sportsbooks became a focus after virtual billboards and banners for two offshore betting companies came under the spotlight.

Foxtel, an Australian pay TV broadcaster could be in hot water as the country’s federal communications watchdog scrutinizes whether it broke strict gambling laws by airing ads for illegal betting recently. According to ABC News reporter, Pat McGrath, the breach occurred during the recent Australia vs. New Zealand cricket match in Wellington, when viewers on Fox Sports and Kayo’s coverage spotted the virtual billboards and banners.

One was a billboard for Parimatch, a Cyprus-based online casino previously blocked by the Australian Communications and Media Authority (ACMA) in 2022. Parimatch was ruled to be illegally offering gambling to Australians.

The broadcast also displayed electronic barrier ads for 1xBat, a website that acts as a gateway to the Curacao-based bookmaker 1xBet. Like Parimatch, 1xBet is blocked in Australia following an ACMA ruling in 2018. It’s not the first time that 1xBat has been in the news either. Recently, The Guardian newspaper in Britain revealed that Cricket Australia faces trouble with the Pakistani Ministry of Information allegedly for promoting 1xBat (and thus its link to banned gambling site 1xBet) during a test match against Pakistan.

For clarity, it’s illegal for any company to advertise gambling services from unlicensed or offshore sites in Australia. The advertisements do not meet the criteria or federal rules for responsible gambling.

But, Foxtel’s position is that the virtual ads were provided by New Zealand Cricket (NZC), in the live feed available to broadcasters outside New Zealand. So, who’s taking responsibility?

When it comes to top NZ online casinos and NZ low-deposit casinos, there is a fine line between regulated and unregulated.

National Regulator examining the matter

The first priority in this situation is deciphering what happened, and who is to blame – and that burden falls to the Australian Communications and Media Authority, or ACMA. The ACMA is the authority that regulates communication and media services in Australia. Advertising online gaming is a complex issue, regulated by the Interactive Gaming Act (IGA). All Australian territories take a hard line on illegal offshore betting sites, with a complete ban on companies offering these services to Aussies. Website blocking is one of the enforcement options that ACMA might use to protect people.

While alerted to the Foxtel breach by the ABC, the media watchdog hasn’t decided on a full investigation yet. They’re looking into whether Foxtel unintentionally aired the illegal ads and noted that there is an exception to the rules, where the broadcaster didn’t financially benefit from them.

As mentioned, Foxtel has denied responsibility for the gambling ads, claiming New Zealand Cricket (NZC) handled all virtual advertisements during the match.

Therefore, is Foxtel ‘piggy in the middle’ between NZC and a possible ACMA investigation? Let’s look at what the parties are saying.

Reaction to Gambling adverts

The Foxtel Group is absolving itself by stating the virtual ads appeared in the live match feed from New Zealand Cricket (NZC). It also noted that the game occurred on NZ soil. A spokesperson for the pay-TV network has also commented, stressing that Fox Sports Australia has no say in producing the live feed or editing the virtual ads embedded within it. Foxtel maintains they didn’t financially benefit from the ads and believes their broadcast followed the law.

Meanwhile, Kiwis might be caught on the offside with the New Zealand Department of Internal Affairs jumping into the fray. It’s now investigating the ads as well, to determine whether they violated their local laws on promoting overseas gambling. A spokesperson for the NZ government department clarified the law, explaining that publishing or arranging overseas gambling ads in New Zealand is also illegal. This includes displaying, or arranging the display of, such ads at sporting events within the country – even if the gambling operator itself is located outside of New Zealand.

However, the Parimatch ad was only visible to Australian viewers, not those in New Zealand. This presents a rather interesting question: Is there a possibility that ‘ruling’ or finding by the two governing bodies will fall into a grey area ‘between’ the nations?

To start with, let’s go back to who placed the ads in the first place. For its part, New Zealand Cricket says it negotiated the ad deal with a third-party rights agency in India. It claims it was only alerted to the connection between 1xBat and the controversial bookmaker 1xBet after receiving a heads-up from Cricket Australia.

Cricket Australia had also signed an advertising deal with 1xBat to superimpose the logo virtually during an international broadcast of the Boxing Day test match to Pakistani audiences. The cricket body reportedly cancelled the deal following concerns by Pakistani authorities about 1xBat’s link to 1xBet. Cricket Australia apparently believed 1xBat was a clothing company and didn’t initially know about the ‘parent’ brand 1xBet.

Meanwhile, NZC has remained tight-lipped about why this discrepancy occurred and how the advertising bypassed NZ audiences, yet was shown to Australian viewers. It also claims to be reviewing its position and is talking with Fox Sports ahead of subsequent test broadcasts.

This confronting issue highlights the importance of having safe, trusted figures in the responsible gaming space for Australia and New Zealand. Following legal terms, protecting gamers, and presenting other options out there, like NZ online casinos or minimum deposit casinos, has never been more important. As we continue to peel back this situation, let’s first take a closer look at who the major players are in this story.

Background on the 2 betting companies

Parimatch and 1xBet have not commented on this matter. Despite being blocked by ACMA in 2022, Australians can still access the international sports betting company Parimatch through a ‘mirror site’, a replica with a slightly different web address. This tactic is a common trick for minimum bet sportsbooks and illegal gambling operators after being blocked, according to an ACMA spokesperson.

The mirror site itself is designed to be eye-catching, featuring a neon illustration of a face familiar to most Australians, Paul Hogan’s Crocodile Dundee. It entices users with a variety of online casino options like pokies, virtual blackjack, and roulette. The site falsely claims to be licensed in all Australian states under a Curacao authority. This means it’s highly likely Australians unfamiliar with the law might assume they’re allowed to place ‘legal’ bets on Parimatch’s online platform.

1xBet is a Curacao-registered company, which previously sponsored major English Premier League clubs like Chelsea and Liverpool, but lost its UK license and all sponsorship deals after the media there exposed its involvement in questionable practices. These included offering bets on children’s sports, cockfighting, and even topless casinos. It uses ‘surrogates’ like 1xBat, often sold through advertising agencies, to get around international gaming advertising restrictions.

In Australia, 1xBet has been banned since 2018, following an investigation by ACMA that deemed it an illegal gambling service. However, users can still potentially access the site through virtual private networks (VPNs) that fudge their location.

Curacao, a small Caribbean nation, is a common licensing choice for many international gambling companies, including Parimatch and 1xBet. However, this license holds no weight in Australia. Both sites are also reputed to have links to Russian gaming.

According to experts, including a sports management researcher at Deakin University, the controversy around offshore gambling advertising isn’t just a problem for Foxtel. The issue continues to be amplified as news bulletins and other broadcasters play highlights featuring illegal gambling ads to their audiences. Plus, as sports fans watch longer matches like one-day tests, it exposes them to more risk of seeing unwanted and unlawful ads for unlicensed companies.

It appears sports broadcasters and governing bodies are caught in the crossfire as offshore gambling advertisements creep surreptitiously onto viewers’ screens. But, the Deakin University expert insists a solution exists. Since the ads are digitally inserted, he suggests exploring ways to remove them from highlight packages altogether.

Now is the time when it is so essential to lean on trusted, researched gaming advisors to help lead gaming enthusiasts towards licensed, safe sites available in Australia and New Zealand.

Calculating the Real Value of a Free Spins Bonus

By Charlon Muscat

Free spin bonuses are exceptional—you’re given a chance to play online slots for real money without spending a dime. What’s more, they’re among the most popular casino bonuses available.

But how can you determine the actual worth of a free spins bonus? Is it wiser to explore $1 deposit casinos for lower stakes or seek out gambling sites with more generous winning caps in case fortune smiles upon you?

Understanding Free Spins Bonuses

Free spins bonuses are a type of promotional offer provided by online casinos that allow players to hit the slots without dipping into their own pockets. These are available to both new and existing gamers and can manifest in several forms, including:

No Deposit Free Spins: The most lucrative of them all—free spins with no deposit required

Match Free Spins: Granted when a deposit is made, either within a welcome package or as a reward for account reloads later on. The number of bonus free spins typically correlates with the deposit amount, offering more value to larger investments.

Loyalty Program Free Spins: Awarded as part of a loyalty or VIP program; players earn spins by climbing the ranks or through regular play.

Seasonal or Special Promotions: Offered during special events, holidays, or as part of limited-time promotions. They’re designed to keep the gaming experience fresh and exciting.

Do Slots Give Out Free Spins?

Yes, many online slots come equipped with built-in mechanics that, when triggered, award players with free spins. For example, landing three or more wild symbols in NetEnt’s ‘Starburst’ expands the wilds over the reels and initiates a re-spin feature. ‘Book of Dead’ and ‘Gonzo’s Quest’ follow suit, each unlocking ten free spins upon landing three scatter and three or more golden free fall symbols, respectively.

Calculating Bonus Value: Game and Spins Focus

Online casinos possess a flair for presenting promotions in the most appealing light; yet, just because two offers might look identical from the glossy surface doesn’t mean they hold equal value. The following guide takes a closer look at the underlying factors and presents a scoring framework to assess the real worth of a free spins bonus.

Value Per Spin

The monetary value assigned to each free spin directly impacts the potential return.

• 1 point for spins valued under €/$0.10 each
• 2 points for spins valued from €/$0.10 to €/$0.20 each
• 3 points for spins valued over €/$0.20 each

Wagering Requirements

Wagering requirements dictate how many times you must play through winnings before withdrawal, which in turn affects the ease of converting spins into cash.

• 3 points for no wagering requirements
• 2 points for wagering requirements up to 30x
• 1 point for wagering requirements over 30x

Game RTP (Return to Player)

RTP indicates the share of total bets a slot returns to players as winnings over time. For promotions on a specific title, check its RTP (look for an ‘i’ icon or go straight to the provider’s website); if the bonus free spins cover multiple games, consider calculating the average RTP across the casino’s selection.

• 1 point for an RTP under 95%
• 2 points for an RTP between 95% and 97%
• 3 points for an RTP over 97%

Number of Spins

The quantity of free spins influences the chances of hitting a win and how thoroughly you can investigate the slot’s functionalities, enjoy its features, and get to grips with its play style.

• 1 point for 10 spins or fewer
• 2 points for 11 to 50 spins
• 3 points for more than 50 spins

Maximum Win Caps

Most free spins bonuses have a cap on winnings, which implies that landing a massive multiplier will yield prizes only as high as the figures outlined in the promotion’s terms.

• 1 point for caps under €/$100
• 2 points for caps between €/$100 and €/$500
• 3 points for caps over €/$500

Deposit Requirement

Simply put, casino promotions without a deposit requirement carry no financial risk for the player.

• 2 points for no deposit required
• 1 point for deposit required

Expiration Period

The validity period of free spins affects how quickly you need to use them. More time offers flexibility in planning your play.

• 1 point for spins that expire within 24 hours
• 2 points for spins valid for up to a week
• 3 points for spins with more than a week to use them

Game Restrictions

Having the flexibility to explore a variety of game mechanics, themes, and providers improves your experience and outcomes when you start playing with your own money.

• 3 points for no game restrictions
• 2 points for limited game selections
• 1 point for spins that can only be used on one game

Scoring Guide

Maximizing the Value of Free Spins

Picked out your free spins bonus but itching to squeeze every bit of value from it? Of course, you are! Here are 5 key tips to optimize your play and boost your gains:

• Read the terms and conditions carefully to avoid surprises as you play. Make sure you understand the wagering requirements, expiry dates, and any game restrictions.
• If given the freedom, target slots with high RTP values. Statistically, these are the games that should return the most over time.
• Opt for low volatility slots. These tend to pay out smaller wins more frequently, which can be advantageous when meeting wagering requirements.
• Do your research on different slots, as some may allow free spins to trigger bonus rounds or other features.
• Leverage ‘Win Both Ways,’ ‘Megaways,’ and other mechanics that offer more ways to win.

The Value of Free Spins Bonuses versus Minimum Deposits

What you spend before claiming a bonus has an impact on how happy you are with the results.

For casual players looking to dip their toes into online gaming, $1 deposit casinos could be the perfect fit, as they often require a smaller investment to claim free spins. The winning caps and number of spins will be lower in these scenarios; however, they offer an affordable gateway to explore a casino’s selection with minimal financial commitment.

On the other hand, more serious gamers may lean towards gambling sites like Instaspin and Jonny Jackpot, which focus on delivering higher bonus values and more free spins. The objective here is to substantially boost an already sizable deposit and start the journey with a more flexible bankroll.

What the Value of a Free Spins Bonus Really Means

Understanding how to make the most of free spins bonuses is essential for a positive online gambling experience. Wagering requirements, game restrictions, RTP values, and maximum win caps can reveal what lies beneath; consider these factors alongside safety and security features, variety of casino games, and performance attributes next time you’re looking to sign up for an online casino.

New Casinos Coming to Canada in April 2024

By Shadrack Kairu

The online gambling world is always changing and fresh innovation is always happening. As people who know a lot about this space, we are very excited about the awesome new online casinos that will open in April 2024. Get ready because these new sites are going to blow your mind. Before that though, let’s explore a few benefits of signing up for new Online casinos in 2024.

Benefits That New Casinos Can Bring

New casino sites really want to be different and better than the old ones. One big way they try to get your attention is by giving out big bonuses and prizes. These include free spin bonuses, match bonuses when you deposit money, and even bonuses just for signing up. These sweet deals can really help build up your betting account and up your chances of winning big bucks.

But bonuses are just the start. These new gambling sites also use the latest technology to make the whole gaming experience look and feel amazing. Smooth menus, easy controls, silly graphics that pop – it’s like being in another world. The gameplay is so much fun and seamless when you are playing here.

Another cool thing is that the new casinos work great on phones and tablets too. You can play your favorite games anywhere, anytime – at home, at work, on the bus, you name it. This mobile-friendly power is perfect for gamblers on-the-go.

Game selection is also out of this world at new casinos. The fact that they team up with tons of different game studios means they are able to put together monster game libraries with something for everyone. Classic slots, new video slots, odd games you’ve never heard of – these casinos have it all.

Getting help is easy too. The best online casinos Canada usually have different ways to contact them like chat, email, phone, whatever. So, if you ever get stuck or have a question, they’re ready to help fast.

Last thing – depositing and withdrawing money is safe and simple with all the popular casino payment methods like debit cards, e-wallets, even cryptos. This helps you manage your cashflow quite seamlessly.

The Newest Casino Due in 2024 – Rise of Bets Casino

Details of this platform are still very hush-hush, but one thing is certain – Rise of Bets Casino is going to change online gambling forever when it opens. We’re talking crazy new ways to bet, wild new types of games, and bonus offers that will leave you yearning for more.

As gaming experts who have been around the block, we can’t wait for this game-changing site to launch. Stay tuned for daily updates as we learn more about the insane stuff Rise of Bets has in store for Canadians.

New Egyptian Themed Scarabet Casino

History fans, this one is for you. Scarabet Casino, which just opened in March 2024, is all about taking you on a travel through ancient Egypt. This awesome new casino and sportsbook (owned by L.C.S Limited with a real MGA license) is going to make you feel like royalty.

At Scarabet, the game selection is crazy huge with over 4,000 slots, tables games, live casino action and more from over 30 different developers. But that’s not all – sports lovers can also go nuts betting on their favorite events here too with great odds.

But the best part is Scarabet is hooking up new players with not one, not two, but FOUR monster welcome bonuses. Just choose if you want to play casino games or bet on sports to get lavished with free bonus cash and spins.

This top-quality casino also works in multiple languages like English, Norwegian and Finnish for global players. If you ever need help, hit up their customer support on live chat (available every day 9am-1am) or by email 24/7.

With the legit Egyptian-themed design, overloaded bonuses, and unbeatable game/sport variety, Scarabet Casino is a must-visit for slots junkies and sports fans alike.

CaspBet is a Promising Casino and Sportsbook You Need to Try

Launched in 2023 by the legit ProgressPlay Limited crew and holding licenses from MGA and UKGC, CaspBet is one of the new minimum deposit casinos that’s 100% safe and secure for players.

CaspBet comes proper with over 3,000 different casino games and awesome odds on all the biggest sporting events around the world. But beyond that monster game selection, CaspBet is also optimized for mobile so you can gamble anytime, anywhere painlessly.

One of the biggest draws is CaspBet’s lineup of promos. New players get hooked up with a giant welcome bonus spread across their first three deposits. And don’t think the sportsbook got forgotten – there are sweet reloads, cashback deals, free bets and more for the athletic bettors too.

Their support game is also on point with 24/7 availability via chat or email. But get this – the chat feature actually uses AI to answer questions instantly without even needing a human. That’s some next-level convenience right there!

While not the fanciest platform out there, CaspBet still delivers an elite experience for both casino players and sports bettors. All the games you could want plus bonuses and legit support are available on tap. We highly recommend giving it a look.

The Final New Casino We Have is Palms Gold Casino

Last but definitely not least, we shine a light on Palms Gold Casino – another hit from our friends at ProgressPlay Limited that has been giving players safe, regulated gambling fun since 2022 (licensed by MGA and UKGC of course).

Sure, Palms Gold’s game library of around 2,500 titles isn’t the biggest we’ve seen at a Canadian online casino. But what it lacks in size, it makes up for with an absolutely insane rewards program built to make you feel like a VIP. If getting showered with bonuses and prizes sounds fun, this casino is the move.

What’s even better is the more you play at Palms Gold, the more points you rake up to climb their multi-level VIP ranks. Each new level brings new awesome perks and special offers. Once you bank enough, hit up the Rewards Store to claim fat free spins, cashback, deposit bonuses, and more.

On top of these rewards, Palms Gold also delivers the goods with easy banking options for safe deposits and payouts. Plus, their site is fully mobile-optimized for seamless gameplay anywhere.

And if you ever need a hand, reliable support is available 24/7 to solve any issues with zero hassle. What more can you ask for?

Get Excited for These New Casinos

April 2024 is looking like a interesting month for Canadian online gamblers with all these crazy new casino sites from respected brands popping up. From insane features and cutting-edge tech to gigantic games libraries and big bonuses, this new wave of sites promises to take gaming to the next level.

As veterans of this scene, we can’t wait to see what fresh excitement these new operators cook up. Stay locked in with us as we go in-depth on all these new arrivals over the coming weeks. A whole new era of digital gambling is coming – you won’t want to miss it.