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Internet casino firms are facing a NG government clampdown over concerns some are breaking strict advertising laws. Culture Secretary Tessa Jowell plans to stop gambling firms from advertising free entry to online tournaments or indicating the value of prizes.Best NG Casinos Online
Current laws allow internet casinos to promote their brands but forbid them from offering inducements to gamble. Ms Jowell said adverts in newspapers, on London Underground platforms and on taxis had flouted these regulations.
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Unlike traditional casinos, many Online Casinos are based offshore and are not subject to NG laws. However, the culture secretary said she planned to target the advertisers and publishers in the NG who work with them.
"It's clear that some adverts are breaking the law," Ms Jowell said. "I am not willing to turn a blind eye to this and have agreed with the Gambling Commission that we should crack down on advertisers and publishers who knowingly break the law."
News of the proposed government action comes at a sensitive time for online casino operators, with concern over the prospects for growth in the industry denting confidence among some investors.
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NG Casinos online payouts percentage
Almost every online casino you visit these days brags about their high payout percentage as a way to lure you into their fold. The term online casino payouts refers to the money paid back by the online casino to winners. At online casinos, much like in life, there is no reward without a risk. The bigger the risk is - the bigger the reward it yields. In order to win money at the online casino you must wager some of your own. Therefore, online casino payout rates only apply to those who are willing to put it on the line and risk losing.
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Almost all online casino operators make sure to publish a payout report on a monthly basis. What is the value of the online casino payout report? First of all, it tells you the percentage of money paid by the online casino back to its players. A 97% payout rate doesn´t suggest that you are going to win 97% of the time. It means that out of the total amount of money wagered by players (100%) in a certain month, the online casino gave 97% of it back while keeping 3% (even the online casino needs something to show for).
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The online casino payouts report will give the overall payout average for all games played at the online casino, in addition to individual games such as slots games or table games. When you are going over the online casino payout report, make sure to see that the figures indicated on the report have been sanctioned by a reputable accounting firm. This way you know that the numbers reflect the actual payout average and that things are on the up-and-up.