Skip to content
Gambling

Underage Gamblers Beware: Regulated Online Casinos to Forfeit Winnings and Adopt Biometric Age Verification Tools

Minimum Deposit Casinos 2 mins read

WATERFORD, Ireland, Aug. 22, 2024 (GLOBE NEWSWIRE) -- In a bid to double down on underage gambling, regulated online casinos globally will forfeit the winnings of those found to be under the legal age. As the gambling industry draws a firm line against illegal play, it is also adopting cutting-edge biometric facial age verification technology to help fortify its platforms.

Global casino information resource portal, Minimum Deposit Casinos (MDC) – a division of the OneTwenty Group – said these initiatives underscored how seriously the industry viewed this. Already in the United States, five New Jersey casinos and a horse racing track have forfeited $77,000 won by minors.

“Online casinos are stepping up its game and this no-nonsense approach serves as a deterrent, reinforcing that underage gambling does not pay - literally. We are sending a strong warning to kids to stay off gambling sites. The forfeited winnings will be redirected to relevant government authorities, where it will support programs like the treatment of compulsive gambling,” said Miranda Raaff, Head of iGaming Information at MDC.

“In addition, the adoption of age verification tools marks a significant leap forward in our ongoing mission. By integrating these advanced tools, the industry is not just keeping pace with the digital age, it’s setting a new benchmark for player protection.”

Governments like Germany and Argentina are on board and have endorsed these verification tools for online sites. Australia is also hot on the heels of this, while the UK is considering it.

“As this trend gains momentum, it's expected that more online casinos and countries will follow suit. In a world where digital access is at every teenager’s fingertips, the fight against underage gambling is more crucial than ever,” said Raaff.

“The industry remains resolute in its mission to safeguard minors. Through collaboration and a shared commitment to responsible gambling, we are making significant strides and will continue to advocate for a safer gambling environment worldwide.”

About MDC

Minimum Deposit Casinos – a division of the OneTwenty Group - is a leading global casino information resource portal that reviews and recommends only the most trusted and reliable regulated online casinos to players. It does this by vetting casinos through safety and security checks, confirming valid gaming licenses and responsible gambling tools, as well as fair gaming practices.

Contact Information:miranda@onetwentygroup.com

Website: www.minimumdepositcasinos.org


Primary Logo

More from this category

  • Gambling, Government Federal
  • 15/09/2024
  • 11:01
Alliance for Gambling Reform

Nation’s gambling losses soar to $32 billion – Govt must make urgent reforms including gambling ad ban

Australian’s gambling losses have soared to $32 billion. These new horrifying figures increase pressure on our political leaders to make urgent reforms to limit gambling harm including a total ban on gambling ads. The new figures collated by Queensland Treasury found that national gambling losses for 2022/23 totalled $32 billion. Previously the only available loss figures were for 2018/19 which totalled $25 billion. The average loss per Australian adult was $1,555 per year – up from $1,307 (18/19) The CEO of the Alliance for Gambling Reform, Martin Thomas, said the new figures represented an alarming spike in gambling losses which…

  • Gambling, Government Federal
  • 12/09/2024
  • 12:25
Alliance for Gambling Reform

Costello seeks urgent PM meeting after being misrepresented as a gambling ‘prohibitionist’

The Alliance’s Chief Advocate, Tim Costello, has sought an urgent meeting with the Prime Minister after Mr Albanese appeared to wrongly label him a gambling prohibitionist in the national parliament yesterday. Mr Costello is also urging Mr Albanese to meet face to face with Mark Kempster who has spoken out bravely and powerfully of his experience in losing $100,000s to online gambling. “I have never been advocating for a ban on gambling, I believe people should have the option to gamble, but we do not need to be bombarded with literally a million plus ads every year imploring us to…

  • Gambling, General News
  • 11/09/2024
  • 17:27
Wesley Mission

Government’s proposed partial ban on gambling ads risks ballot box backlash – new survey released

Media release 11 September 2024 Government’s proposed partial ban on gambling ads risks ballot box backlash The Federal Government’s ‘each way bet’ approach for a partial ban on sports gambling ads is at odds with the mood of the nation and risks a backlash at the next election, according to a new survey released today. Voting-aged respondents were asked which option they preferred, a partial ban, or a full ban on gambling advertising as recommended by last year’s Murphy Inquiry. Commissioned by Wesley Mission, the Compass Poll of 1001 people nationally indicated 60 percent of people prefer a total ban…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.