Videoslots.com announces loss limits

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The one licensed by the UK Gambling Commission online Casino Provider Videoslots.com has for its customer base in the UK mandatory loss limits introduced. According to VS, the loss limits would help protect players from harm caused by gambling.

Players are now required to set a monthly loss limit before placing their first bet. Limits cannot be changed for at least seven days after they are set. Should a player request an adjustment to their limit, they will be contacted by a member of the appropriate gaming team during the seven day interim period.

Managing Director Alexander Stevendahl said: "Gaming on VS should be a safe and fun form of entertainment. That's why we have mandated loss limits.

"Given the pandemic and understanding that the right thing to do is for the industry to evolve, this addition is another way we continue to protect players, especially during these trying times." We expect other operators to follow suit. "

However, this is only to be seen in connection with the regulation in Great Britain and initially only affects customers from the UK. Whether and how far this will be extended to other countries remains to be seen. At least this is a measure taken by a casino operator that one could certainly get used to without the supervisory authority acting with any bans.

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Well that's exemplary!

The casinos in Switzerland also use such protective measures for their online offering.

For example, I can only change my daily deposit and loss limit of 99 million per 24 hours on the next day.