Industry News
Understanding the different types of online gaming bonuses
Online gaming bonuses have not existed at the beginning of the online casino industry era. The reason might be the fact that there was just two online casinos and so there was not much competition. Nevertheless, the nowadays are part of the whole industry.
We are going to address some of the most popular types of online gaming bonuses and those come in the form of:
- Sign Up Bonus
- Free Spins
- Reload Bonus
- Loyalty/VIP Scheme
While most gambling sites have their own unique way of providing an extra value to their customers or new players, their offer can vary quite significantly from one site to the next. And these especially vary the most when it comes to the Sign Up Bonus.
The industry has seen a rapid progress and in just a few short years after its inception, many new online casinos entered the market thus increasing competition and facilitating the need for casinos to differentiate themselves from one another. While there were not that many suppliers to choose from back then, the sign-up bonus or often titled as the welcome bonus was first introduced to do just that.
The bonus also served to reduce the perceived risk of trying something ânewâ. In their initial forms back in the late 1990âs and early 2000âs, online casino bonuses were much more generous than today but also had far less associated terms and conditions â imagine having to just read through a handful of terms instead of the pages that are now in place!
The basic principles of sign up bonuses have remained the same through time and their true meaning is that a player deposits a small sum of money initially and is compensated with a bonus, generally equivalent to or greater than their deposited amount. Today the rules have become more complex due to increased competition, number of casino players, as well as increased bonus abuse. We must also add the legislation and regulation of governing online casinos in the mix and the huge pressure to comply with them making the simple bonuses a complicated scheme.
While sign up bonuses are a great way to start playing in an online casino with some extra cash, we must not ignore the Free Spins Bonus.
The free spins bonus has been especially created for players to test drive online and mobile slots games or casinos with little risk.
We would like to reflect on the test driven online and mobile slots games, because they are the most popular games and come in many themes. We are covering the launch of new slots games weekly and we can say for certain, that you would first need to test drive the one that looks interesting to you before spending more time playing them and eventually calling them your favorite. You can browse the latest slots games release from last week to get the feel about what is new in the slots industry.
A free spin is one spin of a reel where you donât have to pay to spin. If the casino gives you a 10 free spins bonus, you are allowed to spin ten times on a specific slot machine without paying and anything you win goes into your bankroll / play money. Which is pretty awesome, given that some casinos offer no deposit bonuses which come in the form of free spins.
Any winnings you do get from free spins bonuses tend to have wagering requirements however. So the money has to be played a certain amount of times before you can claim it.
As in the case of sign up bonuses, the terms and conditions have become complex and you need to read them carefully in order to fully understand how they work.
When it comes finding these offers, it might be tricky if you are the citizen of certain countries. For instance, in Belgium, advertising for cashback bonuses, and cashbacks themselves must disappear completely. Casinos can still offer welcome bonuses and free spins, but are limited to advertising them on their own website only.
Jumping ahead to already registered playersâŠ
Online casinos are not all about attracting new players, there is also a retention part and the most effective way of letting you that you are an important customer is to receive rewards. The reward for already registered depositing players usually come in the form of Reload Bonuses or Loyalty/VIP Schemes.
Reload bonuses are very popular, and these are offered on subsequent deposits that you make. Some sites make reloads available to all customers on their first deposit of the month or week, while others only offer them based on certain criteria.
Most of the sites also offer a loyalty scheme or VIP program. These work by rewarding you based on your gambling activity. In simple terms, the more you play the more youâll receive. Rewards may be simply in the form of cash credited to your account, or you may be able to earn things like exclusive hospitality at sporting events, tickets to concerts or electronic items.
We hope that this article has answered some of your questions when it comes to bonuses and make sure to play responsibly and always read the bonuses terms and conditions carefully in order to fully understand its payout.
Industry News
SUZOHAPP Appoints Geoff McDowell as New President
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SUZOHAPP has announced the appointment of Geoff McDowell as its new President, effective October 1, 2024.
McDowell previously worked at SUZOHAPP from 2010 to 2017, successfully leading the gaming business in Australia and Asia. He rejoins the company from Coinflip, a global digital currency platform, where he was SVP/GM of US Kiosks. Prior to that, he held the position of CEO of Atlas Gaming Pty Ltd, an Australian developer of proprietary gaming content and products.
âWe are thrilled to welcome Geoff back to our global leadership team to lead one of our core divisions. His proven track record in growth and strategy execution will be invaluable as we continue to serve our customers and achieve strong results. We also extend our gratitude to Sim Bielak for his years of dedicated service and leadership at SUZOHAPP,â said Drew Scielzo, ACON Partner.
Geoff McDowell is excited about his return and the opportunity to drive SUZOHAPPâs success. âSUZOHAPP is an exciting company with tremendous growth potential and a strong team. I look forward to embracing this new challenge in an industry I am passionate about,â he said.
The post SUZOHAPP Appoints Geoff McDowell as New President appeared first on European Gaming Industry News.
Industry News
Amusnet Releases Showtime Roulette 500x
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Amusnet has released Showtime Roulette 500x, where entertainment meets innovation. This fast-paced European roulette reinvents the classics, featuring a host who presents, entertains and spins the wheel for a seamless, engaging experience. With every spin, a random multiplier can increase the payouts by 50x, 100x, 150x, 200x, 250x and 500x for a thrilling experience. Showtime Roulette 500x offers a fantastic gaming experience that is sure to entertain and captivate players.
What truly sets this game apart is its groundbreaking customisation capabilities. Leveraging advanced chroma technology, operators can transform the game environment to reflect their unique brand identity. The possibilities are endless, from integrating their logos to designing bespoke background themes. This level of personalisation enhances brand visibility and delivers a tailored, immersive gaming experience that resonates with players, making every session feel distinctively crafted.
Dynamic Paytable
Up to five numbers and a win multiplier of between 50x and 500x are selected at random for bigger rewards!
Instant Re-bet function
Pick again the lucky numbers for the last 15 spins!
Statistics for Hot & Cold
Make your strategy with statistics for the last 500 spins!
Jackpot Cards with scheduling option
Once the Jackpot Cards Bonus game is triggered, impressive Jackpots are revealed!
The post Amusnet Releases Showtime Roulette 500x appeared first on European Gaming Industry News.
Industry News
GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office
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Groupe Partouche has acquired a building, strategically located at Place de lâEtoile in Paris, at 10 avenue de la Grande ArmĂ©e.
With a surface area of over 8000 mÂČ spread over seven levels, this building will undergo development work to accommodate its Parisian gaming club currently located on rue de Berri.
This building will also house the headquarters of Groupe Partouche.
The post GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office appeared first on European Gaming Industry News.
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