Responsible Gambling At An Online Casino
An ideal payment method for South Korean online casino sites is something to be cautious about. Once we all know, Korea is one of the fastest developing countries on the planet. It’s amazing that now, even without official online casinos, various kinds of currencies, and actual money (i.e. KRW) could be accepted widely. Since there is currently no formally certified online casinos in Korea, several websites based in other countries are already operating illegally.
Many countries across the world have made it easy for players from foreign countries to gamble on the chosen casino. But, some countries have not yet done the same. There are numerous reasons behind this barrier, such as for example language and culture barriers, however the most important reason appears to be political. Because gambling sites are totally predicated on trust and reputation, especially in countries where Internet censorship is highly enforced, the federal government has been reluctant to let foreign companies operate their own casinos.
Yet, the problem isn’t hopeless. A close cooperation with the local authorities is possible through bilateral negotiations and finally, full recognition and regulation of these online gambling websites operating in Korea. Only then, will Korean players gain access to high quality gambling games, together with the opportunity to earn a living out of gaming.
In order to achieve this, the government needs to regulate not merely foreign casinos, but additionally the Korean operators themselves. A significant issue that has been recently solved is the implementation of a “no-deposit-for-winners” policy. This means that, beginning with today, local residents who want to play in any online casino in Korea need to have a deposit made before they can start. This has been seen as a significant step forward in eliminating the issue 마이다스 호텔 카지노 of corruption in online casino websites in Korea.
Furthermore policy, the authorities may want to introduce a bonus policy for the neighborhood Korean casino players. It’s been established in several Korean casinos that players who make deposits in their favorite casino get a percentage of the quantity of winnings. An online casino based in Korea would benefit from this technique because it would attract more players to its site and earn much more income. If this bonus policy is introduced, surely Korean players would flock to these sites in good sized quantities. They would contribute to the country’s economy and would become the backbone of the industry.
The second step is to implement a no deposit for new player policy. A free of charge spins option is also a good idea and may even be offered alongside the welcome bonus. Free spins supply the players the opportunity to play without depositing hardly any money, while being assured of having some real money within their account. This is an effective measure adopted by some online casinos to attract players to become happy members. The conditions apply to should the player opt to withdraw from the casino.
The 3rd step would be to provide welcome bonus and no deposit policy to customers who’ve made deposits in the last two weeks. That is another excellent method of attracting new customers to the website. At least half of the total number of customers should be permitted to enjoy the no deposit and free spin throughout their first week of stay. This policy should also be extended to all welcome bonus recipients during their second week of stay if there are not too many people who had withdrawn from the casino before. In so doing, the gaming benefits the city at large and keeps the online casino at a continuing revenue level.
A whole insufficient a no deposit and free spins policy on some online casinos might cause players to improve the loyalty point system. Players will be awarded points every time they refer new players or make deposits in their account. Those players who get a high number of referrals or those that receive a high number of deposits could be given a particular player card that could entitle them to a higher ranking customer assistance reward. A customer assistance reward might be a fresh customer bonus, a special loyalty card or a higher interest rate on deposits to the account. These procedures are all section of responsible gambling and should be duly observed by all online casinos Korean owned.