Videoslots Shakes the Casino Industry by Making Their Loss Limit Feature Mandatory for UK Players

Responsibly gambling practices has been an important topic on many lips recently. As the regulators such as the UKGC push for more involvement with players and how they spend their cash, online casinos are being forced to take a long hard look at how they operate.

One such site, Videoslots Casino, has decided to make an industry-first decision that could inspire other online casinos to do the same.

Videoslots announced that they would making the loss limit feature on their site mandatory for all players in the UK.

 Maintaining Control

On the Videoslots site, it states that all players from the UK will be required to provide their occupation and the amount that the player can afford to spend on gambling activities each month.

The information provided will be used for KYC purposes and will form the monthly loss limit that will be activated on the player’s account. Should the occupation or amount available to spend change, the player can choose to make adjustments.

Chief Executive Officer at Videoslots, Alexander Stevendahl, commented saying: “Responsible gambling is our number one priority and this requirement adds an extra level of safety for Videoslots players.”

“We believe gambling should be a fun and engaging form of entertainment and we hope our initiative will help keep it that way. Hopefully other operators will join us in our stance.”