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Atlantic City casino workers head to court to have smoking banned at land-based casinos
By Ramona Depares
Atlantic City casino players who enjoy a smoke or two at the tables and slots may very well see their plans go up in smoke, as the long-debated ban for smoking at land-based casinos in the US is now heading to court for a definitive ruling.
Naturally, this isn’t an issue players at the top online casinos face, but the controversy at retail outlets has been raging for quite some time. Since 2006, in fact, when the Smoke-Free Air Act was enacted to guarantee a smoke-free environment for US workers. The act, however, exempted all casinos from its provisions.
Atlantic City casino workers, as well as some of the gamblers themselves, have long complained about exposure to second-hand smoke at these venues. Now, United Auto Workers and another group representing casino employees have filed a lawsuit demanding that the law be amended to extend its protection to casino workers.
How harmful is second-hand smoke at land-based casinos?
The continued rise of online casinos in the US may have pushed the issue to the back burner, but the health risks associated with second-hand smoke in casinos are significant and well-documented. Independently carried out research has been pretty consistent in confirming that casino workers and patrons are exposed to dangerous levels of toxic substances when smoking is permitted.
A study conducted by the BMJ Journals (Babb S, McNeil C, Kruger J, et al Secondhand smoke and smoking restrictions in casinos: a review of the evidenceTobacco Control 2015;24:11-17.) goes as far as to say that “there is no safe level of secondhand smoke (SHS) exposure”. The study describes smoking in casinos as a “significant public health problem”, adding that both casino employees and guests are exposed to high levels of SHS”.
This was confirmed by the elevated levels of tobacco-specific biomarkers in blood tests carried out on non-smokers. Even more worryingly, the study revealed that partial smoking restrictions, or designated smoke-free zones, did not do anything to protect non-smokers from SHS. The study concluded that this risk to employees and patrons is both significant and preventable, calling it “imperative for public health and workplace safety that smoking in casinos be stringently regulated or completely banned”.
The BMJ Journals noted that the American Society of Heating, Refrigerating and Air-Conditioning Engineers agreed that “at present, the only means of effectively eliminating health risk associated with indoor exposure is to ban smoking activity.” The statement also referred to a study of 25 casinos in the UK, where 83% of participants reported being nearly always exposed to SHS at work, 78% stated that they minded if people smoked near them at work, 57% believed they had health problems as a result of second-hand smoke at work and a whopping 65% supported banning smoking in all customer and working areas of their casinos.
The American Cancer Society (ACS) echoes the words of the above, calling SHS at land-based casinos a “cause of premature death among US workers”. Casino workers, according to the American Cancer Society, face a higher risk of illness caused by SHS than any other workers.
This risk includes a higher incidence of lung cancer. Casinos were found to have nicotine concentrations that are 2.4 to 18.5 times higher than in offices and homes, and 1.5 to 11.7 times higher than in restaurants. The ACS quotes a study by Achutan C, West C, Mueller C., Boudreau Y, and Mead K (2009) on the impact of SHS in Pennsylvania casinos, which found that exposure causes five times as many premature deaths as the mining disasters that had afflicted the state.
In studies carried out by the National Cancer Institute, casinos were also found to have 12 times as many smoke particles than you find outdoors, with nicotine and a number of toxins – including carcinogens, benzene, naphthalene, formaldehyde, and acetaldehyde. Moreover, casino guests were found with significantly elevated levels of a lung carcinogen caused by tobacco after a four-hour visit to a casino where smoking was allowed.
Studies quoted by the ACS also suggest that partial bans don’t work, as a study in 21 Nevada casinos revealed that guests at a non-smoking restaurant that was adjacent to the gaming areas where smoking is permitted had 60% of the amount of SHS as guests in the smoking areas.
Even the National Institute for Occupational Safety and Health (NIOSH) has weighed in on the matter. A blog post by the Center for Disease Control (CDC) describes how the Institute has gone on record saying that “even low levels of secondhand smoke exposure can be harmful” and even recommended that smoking right next to building entrances and air intakes should be prohibited so as to prevent any smoke from entering indoors. The Institute added that casinos should appoint a physician to evaluate employees who were suffering from respiratory issues origins from workplace exposures.
Finally, the National Cancer Institute leaves no room for doubt about the perils of second-hand smoke to casino workers, noting that the U.S. Environmental Protection Agency, the U.S. National Toxicology Program, the U.S. Surgeon General, and the International Agency for Research on Cancer have all classified secondhand smoke as a known human carcinogen. It added that some research also points to an increase in breast cancer, nasal sinus cavity cancer, and nasopharyngeal cancer in adults.
When one considers all this, together with the fact that the National Council of Legislators from the Gaming States had actually passed a resolution to support 100% smoke-free gaming venues as long ago as 2009, it is hardly surprising to see that casino workers in Atlantic City and across the US are up in arms about it.
What the lawsuit states
So what is the basis of the lawsuit? Put simply, casino workers’ representatives are disputing an exemption found in the Smoke-Free Air Act. Although this act bans smoking in enclosed, indoor public places and workplaces, it contains a section that specifically exempts all land-based casinos and bingo parlours from this ban.
According to news reports, the lawsuit names New Jersey Governor Phil Murphy and State Health Commissioner Kaitlan Baston as failing to protect the health of casino workers by not including them in this ban.
The lawsuit was filed by the United Auto Workers union, representing workers at Bally’s, Caesars and Tropicana casinos in New Jersey alongside a group called Casino Employees Against Smoking’s (Harmful) Effects (CEASE).
What are workers hoping to get from the lawsuit?
The Atlantic City smoking ban lawsuit hinges on the casino workers’ claim that the exclusion is considered unconstitutional in New Jersey because it grants favouritism to the casinos. The exemption also denied workers their state constitutional right to safety and equal protection.
Claiming that some casino workers have suffered cancer as a result of this situation, the lawsuit is asking for the exemption granted by the Smoke-Free Act to be declared unconstitutional. While the NJ Health Department refused to comment pending litigation, in reality, there has been some progress made in the battle as the governor has gone on record to say that he would sign a bill banning smoking in casinos.
How Will This Lawsuit Affect Casinos In Other States?
How this will affect other gambling states across the US remains to be seen, with Pennsylvania already seeking to amend its own Clean Indoor Air Act of 2008 to include a ban in casinos and bars. Should the Atlantic City casino workers lawsuit be successful, it is likely to have wider-reaching implications for casinos across other states.
If this were to pass, it is also very likely that US online casinos will see an increased surge in popularity, with gamblers who don’t want to give up smoking while enjoying their pastime spending more time online in the privacy of their homes.
Getting to know SmokAce Casino and their wild bonuses
By Lesego Lembede
Minimum Deposit Casino is saying howdy partners to all thrill seekers on a bounty for exclusive promotions. Saddle up for SmokeAce Casino with a minimum deposit of $/€20, giving you a grand welcome bonus casino, continuous ongoing promotions, and crafted unique incentives to meet your gaming specifics. SmokeAce is one of our top-rated online casinos, which includes over 7,500 games, a wide range of payment methods, and great software providers. You can access SmokeAce Casino in multiple countries via mobile.
We always ensure you have safe and licensed casinos where you can play in peace, knowing your information and money are protected. So, dust off your Stetson and go on the wild ride at SmokeAce Casino.
225 Free Spin and 100% match up to €2000 Bonus
Get ready to shoot through the welcome bonus at this casino with a $/€25 minimum deposit, and you will receive a match bonus of up to $/€2,000, plus 225 free spins. Now, that’s a wild bonus to make your six-shooter spins with glee. This package will be split into three deposits, giving you more time to explore and spin without spending a dime.
This is how your welcome offer will be broken down:
When you make a $/€25 minimum deposit, you will activate your Gold Fever Welcome Bonus, where you will get a 100% match bonus up to $/€500, plus 100 free spins on the Gates of Olympus slot. You will receive 25 free spins every 24 hours. This gives you four days to use your match offer, exploring the live casino and different slots.
- On your second deposit, you will receive your Mustang Welcome Bonus with a minimum deposit of $/€25. You will receive a 50% match bonus up to $/1,000, plus 50 free spins on The Dog House slot. You will receive 25 free spins every 24 hours.
- Your last bonus will be the Gunfighter Welcome Bonus, activated with a minimum deposit of $/€25. You will receive a 75% match bonus up to $/€500 plus 75 free spins on the Big Bass Bonanza – Keeping it Reel. On your final welcome bonus, your account will be credited with 25 free spins every 24 hours.
One of the biggest software providers, Pragmatic Play, offers their welcome offer games at a maximum bet of $/€5 for free spins. Like all welcome bonuses, there are terms and conditions to which the offer is linked. There are wagering requirements for the match bonus and the free spins. You will need to wager your match bonus 45x and your free spins 40x before you can withdraw any of your winnings. All three welcome bonuses are valid for ten days before they expire.
Please note that the minimum deposit for the casino is $/€20, but the welcome bonus can only be activated with a $/€25 deposit. It’s time to go forth and wrangle yourself some riches at SmokAce Casino.
Here is how you can claim your potential loot:
- Click on the link on this page. It will take you SmokeAce Casino.
- Sign up to the casino and fill in the required information.
- Choose your bonus and make a minimum deposit of $25 to claim your welcome bonus.
Always check the terms and conditions, as the welcome bonus can only be used on certain games. To learn more about the casino, go through the SmokeAce Casino Review for all the necessary details.
All the ways to deposit and withdraw from SmokAce Casino
SmokeAce offers multiple reliable payment options for getting your loot in and out of the casino. We’re here to make sure you know the great options for wrangling your hard-earned cash within your budget.
Here are your smokin’ deposit options;
- Debit and Credit Cards: Use your Mastercard and Visa card for deposits. The transaction will be instant, and you can start spinning to catch your wins.
- E-Wallet: SmokeAce provides Neteller, Skrill, and eZeeWallet with an easy and fast way to make deposits. E-wallets usually act as a buffer between the casino and the bank, offering an extra layer of security for your personal information.
- Cryptocurrency: This is for the tech-savvy gunslinger who prefers to be anonymous and secure when making their deposits. Unfortunately, making a deposit with crypto takes longer, about an hour or more.
- Bank Transfer: If you’re an old-school folk who prefers to make a bank transfer deposit, that’s okay. However, your loot will take a couple of days to mosey in. So you will need to plan this accordingly.
- Prepaid Cards: Paysafecard is also available, and it is also an anonymous option if you prefer. All you have to do is purchase a voucher with your specific value, and then you can use the pin to make a deposit. Paysafecard is great as it has a lower deposit value than other deposit methods.
- Deposits: How to cashout your loot;
- E-wallets: You can withdraw using Neteller or Skrill, which are faster than bank transfers. The process time will take between 24 to 48 hours.
- Bank Transfer: This method is very secure but takes longer to withdraw your cash. The process time will take between 24 to 48 hours. However, the withdrawal amount is higher compared to other withdrawal methods.
SmokeAce has a minimum withdrawal threshold, so you must ensure your winnings hit that amount before you can cash out your loot. Always go through the terms and conditions to see the withdrawal and deposit limits, verification procedures, potential fees, and processing times.
What we thought of SmokAce Casino
From what we have seen, SmokeAce Casino brings all the tools to make a lone ranger rich. It offers over 7,500 exciting games from some of the most trusted software providers, such as Evolution, Pragmatic Play, Microgaming, Betsoft Gaming, Wazdan, and Play’n Go, to offer you a great gaming experience. Whether you’re a table game enthusiast, prefer live casino, or prefer different kinds of slots that include progressive slots, SmokeAce has you covered.
SmokeAce has a great, user-friendly platform built for a smooth and enjoyable experience. The platform is easy to use, and they have made it accessible for you to locate your favourite games and explore new ones. Unfortunately, the casino does not have a mobile app. However, it is mobile-friendly, as you can use it through your internet connection on your mobile devices, tablets, or desktops. This means you can saddle up from anywhere, anytime, to play for some smokin’ wins.
Register and make a deposit to claim your generous welcome offer of a match bonus of up to $/€2,000 plus 225 free spins to boost your bankroll. You will have multiple and reliable banking methods to make deposits and withdrawals. SmokeAce is licensed by the trusted Curacao Gaming Authority, which ensures that the casino is fair and that your personal information and loot are always safe.
You don’t have to take our word for it; explore SmokeAce Casino and experience the Wild West of wins. For more detailed information, read through Minimum Deposit Casino’s SmokeAce review. If the Wild West does not work for you, MDC has multiple casinos you can pick through, including $/€1, $/€5, $/€10, and $/€20 casinos with great promotions. So, saddle up and ride through the wild for incredible wins. Heehah and strike it rich at SmokeAce Casino.
Celebrating English and Spanish Language Week 2024: The Battle of Dialects in Casino Lingo
Join us this week (22-26 April 2024) as we celebrate the English Language and Spanish Language Days to recognize the linguistic diversity that enriches our understanding and enjoyment of the gaming world. Whether you’re placing a bet in a Las Vegas casino, spinning a “pokie” in New Zealand, depositing a “loonie” at Canadian $1 deposit casinos, or betting “tjips” in a South African online casino, the variations in English and Spanish dialects offer a fascinating glimpse into how language influences our experiences and connections. Join us in celebrating a world of gaming that’s as diverse as the English and Spanish languages themselves.
From the virtual poker rooms of top online casinos to the vibrant live dealer games streamed from around the world, each English and Spanish-speaking region contributes its unique slang to the digital gaming table. This year, we spotlight how these regional dialects shape online casino expressions, creating a diverse linguistic tapestry that enhances the gaming experience.
English Casino Terms and Their Regional Twists
- “Slots” vs “Pokies” vs “Fruit Machines”: While gamers in the US (and, in general, globally) click on “slot machines,” Kiwis in New Zealand play “pokies,” and South Africans enjoy “fruit machines” in their online casinos.
- “Croupier” vs “Dealer”: In live dealer games, the UK might feature a “croupier,” especially at Roulette or Blackjack tables, while in the US, New Zealand, and South Africa, the term “dealer” is more commonly used.
- “Ante” vs “Buy-in”: In online poker, “ante” is widely recognized, but in UK and South African poker rooms, “buy-in” is the more frequent term, reflecting subtle regional language preferences.
Spanish Casino Terms and Their Regional Twists
- “Tragamonedas” vs “Pokies”: While in Spain, they’re known as “tragamonedas” or “tragaperras” in certain Latin American regions, such as Argentina and Mexico, players often refer to them as “pokies,” showcasing regional variations.
- “Crupier” vs “Dealer”: While “crupier” is commonly used across Spanish-speaking regions, in areas like Argentina and Mexico, the English term “dealer” is also prevalent, particularly in contexts of poker and blackjack.
- “Apuesta inicial” vs “Buy-in”: While “apuesta inicial” is commonly used in Spain to describe the initial bet in poker, in some Latin American countries, including Mexico and Argentina, “buy-in” is adopted, influenced by English terminology.
As Minimum Deposit Casinos, our focus is not only about affordability; it’s about inclusivity. By emphasizing unique monetary terms used across different English and Spanish-speaking regions, we tailor our services to be welcoming and accessible to a global audience, ensuring everyone can enjoy the thrill of gaming without the barrier of language or high deposits.
Happy English and Spanish Language Week to all our casino enthusiasts!
Bonuses in spades at R50 South African online casinos
As technology advances in computer hardware and internet speeds, more South Africans are warming up to the idea of spending time at an online casino. The gambling industry is always delighted to have new players, this is why the majority of highly rated casinos show appreciation to new sign-ups by offering the sweetest promotions. Online casinos have taken all kinds of measures to ensure that their players get the best games and bonuses to enhance their experience.
New players can increase their odds of winning real cash by partaking in various bonuses regularly offered by their casino. The sites encourage all users to subscribe to the mailing list for the latest updates and promotions the moment they are released. Don’t have time to play on your desktop PC? Take your game on the go and load up the site on mobile. You won’t have any issues with compatibility since most online casinos for south african players are optimized to run on a handheld platform.
If you’re worried about overspending, many online casinos allow you to play from as little as a R50 signup bonus casinos. Find amazing slots, adjust the coin value, and start betting to find your pace. Practice mode is also a good feature if the casino supports it. This allows you to try out all slot games with a fictional balance. Once you’re ready, make a deposit and play for real.
Bonus 1 – Betway’s Double your first bonus for R50
Betway was founded in 2006 and has always held a strong presence in the casino industry. With sports betting and casino titles, you get the best of both worlds and a whole lot more. The online casino is currently running a match deposit promotion for new players. Get a 100% matching bonus when you deposit up to R2000 – this will give you double the balance to play with.
Bear in mind that since this is a promotion, you will have to complete wagering requirements in order to withdraw your winnings. The site allows you to manage your account balance with plenty of payment options. You can choose from Visa, OTT Voucher, OZOW and many others. Betway currently has a 30x wagering requirement for their casino bonuses.
This amount is quite fair and provides a good opportunity at clearing the promo. New players should take time to get familiar with the site by playing their games in practice mode. Slot titles contribute the most to the wagering requirements of an active bonus. We recommend picking out some casino slot favorites and focusing on them until bonus completion.
Bonus 2 – Hollywood Bets’ Signup Bonus plus 50 Free Spins for R50
We keep track of only the finest casinos found online and Hollywood Bets is one of them. When loading up the main page, you’ll be greeted by a bold theme that features tones of purple, charcoal and green. You won’t be looking far for the latest events or statistics as most of the information you need is on the main page of Hollywood Bets casino. The sleek interface and layout is quite inviting, navigation performs well and without any slow-downs between pages.
The casino has been around for over two decades and has amassed a large number of users that play regularly with them. If you’re wondering how this is possible, Hollywood Bets casino retains their user-base by offering an abundant amount of promotions that will make you do a double take. The site is currently running a R50 sign-up bonus that awards 50 free spins. The spins can be played on Calaveras Explosivas, Candy Tower, Jellyfish Flow and Hot Hot Hollywoodbets when activated.
The best part is the low wagering requirements of x5 the total bonus cash from free spins Bonus. To keep track of your progress, check the bonus in your account profile. For more information, check out the terms and conditions found at the bottom of the page.
Bonus 3 – YesPlay’s 100% Bonus up to R3,000 for R50
YesPlay is one of South Africa’s biggest online casino destinations. Presented with a clean and sporty theme, the site offers multiple choices in terms of games that can be wagered on. In the sports betting section, YesPlay South Africa features match-ups in soccer, tennis, cricket, basketball, rugby and many more. There is also a casino side with titles backed by popular software studios. You will find big names like Habanero, NetEnt, Red Tiger and plenty of others to choose from.
Launched in 2013, YesPlay has come a long way since its inception. The site has grown in content, promotions and features and shows no signs of slowing down. This is evident in one of their latest offerings for new players to the casino. All you need to do is sign-up, select the match bonus of up to R3000 and make the deposit. You only need R50 to use the promo, wagering is calculated at 8x the deposited amount plus bonus.
Deposit from your favorite processors such as Zapper, EFT, Ozow, credit/debit card and many more. By setting up your card details early, you’ll have an easier time with the K.Y.C. (Know Your Customer) process. This also means you can spend more time taking advantage of bonuses and playing your favorite titles.
Conclusion
Registration on the above featured casino sites have no complicated steps involved. Once you follow the link, fill in all details as requested, and confirm your email – you are nearly there. It’s vital that all information entered when signing up is both accurate and recent. Fake accounts will not be paid and will likely be blocked in no time due to the security system of the casino site. Be warned that any players attempting to take advantage or exploit an online casino’s offerings will not be tolerated and will be banned.
Online casinos we host and review are subject to strict authenticity checks. This can be the design of the site, game selection, payment options, licensing and many other aspects. We aim to provide a high quality List of South African casinos that has little issues from their user-base. When a problem does occur, a good site will provide different means of communication. Live chat is the most preferred since it allows you to talk directly to support staff within minutes.
Promotional content such as recurring bonuses and VIP perks are an attractive addition. How well these are offered can make or break a casino site. Casino members want to feel valued since they spend the majority of their time on the site. What’s most important is keeping the interest of the player. This is a big part of how decades old online casinos still exist today.
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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First and foremost, before we ever look at partnering with an online casino, they must demonstrate their ability to use their licenses and certifications. We follow extensive KYC (Know Your Customer) checks with all of our partners since the safety of our readers is essential. Have faith in us, and we won’t let you down.
- Deposits and Withdrawals
The safety of funds and easy retrieval of any winnings should be of the utmost importance to anyone who bets at a casino. Every single casino we review requires the reviewer first to create an account, investigate all available banking and payment methods, real-money deposits and withdrawals, and make thorough notes along the process, including restrictions and timelines.
- Bonuses and Promotions
When signing up with a reputable online casino, claiming a bonus has become the norm, and you should anticipate a good bang for your buck without jumping through hoops. We scoured the internet for the most lucrative casino bonuses, whether free spins bonuses, deposit match bonuses, or no deposit bonuses. Not only do new players matter, but loyal players also matter, which is why we respect casinos that value their players.
- Software and Games
When it comes to playing at casinos, it’s all about the games, yet everyone has different tastes. Different games require various degrees of knowledge and strategy, with some being more complex than others. So, while an expert player will hunt for the most fantastic deals and begin playing straight away, a beginner can learn and then play for fun or real money.
- Customer Support
Our review team will also look into the company that owns the casino to ensure that no shady activity occurs. We search for customer complaints and security breaches, and we read internet forums and social media comments to stay up to date. We also communicate with the support staff in several languages to ensure they are knowledgeable and helpful.
Find Casinos That Accept Your Chosen Payment Method
When it comes to making deposits and withdrawals at online casinos, the importance of maintaining a high level of safety and security cannot be emphasized enough by us. We have examined every possible banking method and provided comprehensive descriptions of each one. Although some are superior to others, every option has benefits and drawbacks to consider.
If you still need to decide what kind of casino payment method to use, we go over all of the available options on our dedicated page, walk you through how each one works, and discuss both the positives and negatives associated with each one.
We assure you that you will be able to find casinos that are compatible with the payment method of your choice, regardless of whether you prefer credit cards, e-wallets, or cryptocurrencies. Furthermore, we go the extra mile by organizing specific bonus offers at casinos for players who use particular payment methods.
MDC for Players by Players
We have the information you need, whether you are a beginner looking for a safe place to play slots or an experienced online casino player looking for the best bonuses to offer you the most bang for your buck.
You can find a section with the best free spins deals and a list of casino promotions here. We have the answer to any question about information, news, deals, or a list of the best bonuses in the iGaming industry.
Our reviews are produced by casino experts specifically for other casino players. Therefore, they are of the best possible quality. Our website offers information on the best online casinos for each deposit type and the best online casinos for each payment method.
MinimumDepositCasinos is more than simply a service; instead, it is a community that has been developed specifically for casino players by casino players. We provide a personal touch and a shared knowledge of the enjoyment and thrill of online gaming since our design philosophy ensures that we offer more than simply information and bonuses.
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
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.