BGO Does Away with Wagering Requirements


It's official; BGO Bingo has done away with minimum wagering requirements on bonuses, a move that will go into effect beginning October 15th. The decision to do so follows recent changes to regulations from HMRC and the UK Gambling Commission, in addition to being a response to player feedback. Continuing in the same direction would mean a slew of hefty penalty fees.

Members should now expect bonuses to be in the form of real cash, or free spins that are free of wagering requirements. We assume more changes are coming, and that this is just the first step in a major transition period, not only for BGO, but for online bingo and casino sites across the board.

Wagering requirements were previously set at 2x on average, with slots and casino bonuses set at 50x.

According to the brand's CMO, Allan Turner, "We've not taken this decision lightly. The recent changes to the regulatory environment in the UK means we are spending time with various parties, be it the UKGC, the CMA, ASA and then of course the players themselves. The bonus issue is something that is continually discussed and we are at a cross-roads where we need to make the right decision for both the company and the consumer."

"If we have evidence players find wagering conditions confusing or unfair, then that's enough for us to take a decision. We have always run a safe, trusted and fair online casino and player enjoyment is and always will be our number one priority. Hopefully bgo can demonstrate to the industry that restrictive bonus wagering conditions are not the way to go and we can make them a thing of the past," Turner added.

Source: "BGO announces the removal of wagering requirements on all bonus cash". September 18, 2018.

Bingo Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

5mins ago someone from us flag United States read article Core Gaming Launches New Scratch Card

Bingo Community

Share this page on:
Follow LBB on:
Follow LBB

Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.

In the last 24h

Totals

  • New Members
    0
  • Members Online
    11
  • Guests
    985


eighteen plus only

Follow LBB on Facebook Follow LBB on Twitter Follow LBB on Pinterest Follow LBB on Google plus

DON'T MISS OUT!

Subscribe to our newsletter and get access to tournament codes, the biggest and best exclusive offers, new brand alerts, rogue reports and more!

Enter your email adress:

T&C's Apply. 18+


You have been successfully subscribed to receive LBB newsletter!