Online gambling businesses experience a “dead season” in the summer. The weather is warm and people would rather spend the day outdoors than play games. As a result, they must find ways to keep their business going. Some do this by offering generous bonuses and promotions. In contrast, promotions and bonuses are less generous during the winter. However, the holiday season is especially lucrative for online gambling businesses.
Legislation
Legislation for online gambling has been in the works for some time. The draft regulation includes some new concepts, including the prohibition of credit card use for deposits. The bill also bans the use of credit cards by players with an intensive gambling behaviour, defined as a weekly net loss of EUR600 or more. Young participants under 25 are also banned from using credit cards. Moreover, they are not allowed to receive promotional activities that are not related to their gambling activities.
Despite being a worldwide phenomenon, online gambling in Germany is prohibited. This is in contravention of European Union legislation that allows online gambling, and has resulted in several legal challenges. In addition to the negative consequences of online gambling, it has caused some difficulties for Germany’s own operations.
Payment options
Payment options for online gambling are varied and include a number of methods that can help players make deposits and withdrawals. It is worth consulting a gambling guide to find out which method is most convenient for your needs. Generally, you will find POLi and iDebit available on major online casinos. Both methods process payments directly from bank accounts and are popular in their respective regions and countries.
Pay by phone casinos have also become increasingly popular. Many online casinos in Canada are embracing this option and are allowing their players to transfer their bankroll to a mobile phone account. Boku and Zimpler use behavioural science methods to keep users from overspending. These methods are especially convenient for making payments at online casinos.
Risks
Although online gambling is a popular activity among many people, it is important to recognize the risks involved. The most obvious risk is the risk of losing money. Moreover, some people become addicted to this activity. However, there are many resources available that can help people who are suffering from gambling addictions. Here are some tips to help you stay away from the risks involved in online gambling.
First, know your limits. If you are not sure whether you should gamble online, you can take the online gambling risk assessment. The tool will help you understand your gambling habits and give you a personalized report. Another good way to determine your level of risk is to consult with a professional before making any decision. Many online casinos offer a variety of games. Some of them require downloads, while others allow you to chat with other players.