Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Online Casinos in general: Conditions player protection

Topic created on 19th Jan. 2019 | Page: 1 of 1 | Answers: 1 | Views: 1,748
tobineu
Amateur
Hello people

what are the requirements for Player protection set by the MGA?

Does an OC have to have Deposit limits deposited without much of a detour?

From how many consecutive deposits or from which total deposit within a short period of time does the OC have to make a cut?

Are there any guidelines?

This post has been translated automatically

Anonym
Hardly anyone here will know that exactly, but you are welcome to read up: https://www.mga.org.mt/legislations-regulations/#newregulatoryframework

Of course I'm not that mean, e.g. which limits have to be there you can find in the Player Directives (https://www.mga.org.mt/wp-content/uploads/Player-Protection-Directive.pdf) under "Part V Limits":


(4) B2C licensees shall offer players the possibility to set the following limits: (a) Deposit limits: where the amount of money or money's worth the player can deposit is limited for a period of time; and, or

(b) Wagering limits: where the amount of money or money's worth the player can wager is limited for a period of time: Provided that for the purpose of calculating the amount wagered when a wagering limit is implemented, only the amount of money or money's worth a player wagers from his own deposited money shall be taken into account. For the sake of clarity, if a player sets his wagering limit at ten Euro (€10) and is given €10 as a bonus, the player is deemed not to be exceeding the wagering limit if he wagers the deposited amount and the bonus amount; Provided further that, any winnings made are not subject to the wager limit set by the player and, or

(c) Loss limits: where the amount of money or money's worth that can be lost by the player is limited for a period of time: Provided that for the purpose of calculating the loss when a loss limit is implemented, only the amount of money or money's worth a player loses from his own deposited money shall be taken into account. For the sake of clarity, if a player sets his loss limit at ten euros (€10), wagers €10 and wins €90 (and therefore increasing the total amount owed to him to €100) and subsequently loses €95, the loss incurred by the player is deemed to be €5 and not €95

Of particular interest is the loss limit, which some have complained about. The MGA has written in this regulation, the casinos just accept it with thanks.

Addendum: So that it is also clear, in the link that I have specially linked it is about Player protection in general. If you do not understand something I can translate it to you or if there is interest I make a small summary of the MGA regulation in German.

This post has been translated automatically

Hot Topics24th Nov. 2024 at 12:12 pm CET

Community Forum-Moderators

Members who assist the GJ team in moderating the forum.
Profile picture of AndreAndre
Profile picture of gamble1gamble1
Profile picture of Langhans_innenLanghans_innen
Profile picture of SaphiraSaphira
GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.

© 2012-2024 GambleJoe.com

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately