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Home»Tech World»Online betting websites are now required to notify you of all the money you are losing

Online betting websites are now required to notify you of all the money you are losing

By Advay Hora15/03/20233 Mins Read
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1 A royal decree addresses the use of these services, not without controversy.
2 Gambling, reported losses and disputed winnings

A royal decree addresses the use of these services, not without controversy.

The web pages of bets and games of chance are with a new regulation. Unsplash

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From a few years ago to the present, the Government is trying regulate activity of a sector that it has experienced an expansion quite far from the norms and that has caused betting to become excessively normalized in our society. However, a few hours ago, the executive has approved a decree that involves both to companies like users of this type of services in the scope of their use. Currently, there are ways to earn money playing video games and mini-game websites where you can try your luck with a game of chance, but we are talking about leisure, not about real problem that represent the bets for many people.

Gambling, reported losses and disputed winnings

He decree newly approved, which must enter in force within a maximum period of six monthscontains a important package of measures to avoid problems derived from the use of betting tools and, above all, it will managed to the youngest, those who are in the age range between 18 and 25 years old. In this sense, one of the measures that has aroused the most curiosity is the obligation of the websites of bets of having to send a message to users every hour and that this is required reading. In it, they will be indicated the time played, the money they have been betting and the losses they have accumulated.

#FridayDeLetrasFOL
Right now between class and class I have taken this photo of the students. I think we should consider activities and materials that reflect the dangers of online gambling. I find it interesting to deal both in #Folio like in #EIE #thisisnotgame pic.twitter.com/gIETfiOCnC

— Susana López Romero (@susanaloprom) February 5, 2020

It should be noted that the Government look for the way stop obsessive behaviors with the game and for this he has defined the users of this profile as risk players. In fact, the executive considers that these players are those users who accumulate net losses equal to or greater than 600 euros within three weeks, being the figure of 200 euros if it is about people under 25 years of age. Furthermore, the decree seeks protect to who they already are risk playersthose people known as ‘self-excluded’ and those registered in the General Register of Gambling Access Bans, the so-called ‘self-banned’.

Among the other measures, we can highlight the prohibition to these companies of sending promotional activities to the people between 18 and 25 years, their inclusion in loyalty programs and posting messages at the end of the games of the type ‘you almost hit it’ or ‘you were close’. online gambling companies they will not be able to accept credit and debit cards from vulnerable people, in addition to being prohibited from personal communications with those who are self-excluded and self-prohibited. The finesmaximum, that these companies could face can reach the €50 million and the loss of license of game.

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