With the laws that are in place now and soon to be implemented, how simple is it to enjoy the high roller experience at UK casinos?
We had the honor of speaking with Christoffer Ødegården, one of the world’s foremost authorities on everything pertaining to gambling in Britain, today. With more than ten years of experience in the business, he has been the Head of the Casino at slot bet 100 Bojoko since 2021, where they aggressively service high rollers.
In this interview, he clarifies the challenges that high rollers in the UK face in light of both new and existing restrictions. We will explore how these issues affect the high roller experience, from the difficulties presented by anti-money laundering regulations to the ramifications of slot machine maximum bet limitations and more stringent affordability checks.
What are some of the issues that the current restrictions in the UK casino sector present for high rollers?
The UK’s high rollers encounter a number of difficulties as a result of current laws. The UK Gambling Commission’s stringent anti-money laundering laws slot thailand are one of the main problems. Large transactions made by high rollers can raise red flags under these restrictions, resulting in drawn-out due diligence investigations and delays in receiving their money.
What effect do these rules have on high rollers’ overall experience at UK casinos?
Delays in withdrawing winnings are currently the most frequent problem high rollers are having. When a significant amount of money is involved, nobody likes delays, therefore it is understandable that they would become frustrated.
Additionally, because of the thorough checks that the casinos must conduct in order to adhere to regulatory standards, there may be a wait period before being able to access some high-stakes games.
High rollers who anticipate the smoothest possible experience may get frustrated and unsatisfied as a result. Priority in all affairs was one of the customary advantages of being a high roller and receiving VIP treatment. Many people could feel that they are at the end of the queue because of the present regulations.
In April 2023, the UK government published a white paper outlining many recommendations for upcoming rules. When will these regulation changes are implemented, and what effect will they have on high rollers?
The white paper took the UK three to four years to prepare, and the outcomes for high rollers were not as dire as first believed. Fortunately, there were multiple hints that the VIP bonuses would no longer be available.
However, new rules present further challenges for high rollers. The suggestion to limit the maximum value that may be wagered on a slot machine to two to five pounds each spin is the most evident. Although there is much disagreement, this would render slot machines meaningless for the majority of high rollers.
There is no assurance that the recommendations made in the white paper will become law, and the UKGC is presently collecting more information as part of a study that will last until 2026. Although we are closely monitoring the changes, I am unable to provide any kind of firm date for when specific elements of the white paper will be included in the real regulations.