In an exclusive poll by Play’n GO, a majority of Swedish slot enthusiasts call for the prohibition of controversial ‘Bonus Buy’ slot games, citing concerns of exploitation and increased losses.
Achieving Another Record Legal Triumph
One of the most prominent casino entertainment providers in Sweden, has conducted an extensive survey in its home country, revealing compelling insights into the sentiments surrounding ‘Bonus Buy’ slot games.
The results highlight that 55% of Swedish slot players are in favor of banning this contentious gaming feature, emphasizing a growing concern within the gaming community.
According to the supplier, the nationally representative survey exhibited striking figures:
- 69% of the general Swedish public supports a regulatory change to ban ‘Bonus Buy’ games
- 66% of those advocating a ban believe these games exploit vulnerable gamblers
- 63% of slot players perceive ‘Bonus Buy’ games as leading to higher losses
For those who are not familiar with the concept of ‘Bonus Buy’ games, it’s important to know that they enable players to directly purchase entry into the bonus or honorary spins, often at a significantly higher cost than the initial stake for a single spin.
Notably, leading regulators such as the KSA of the Netherlands and the UK Gambling Commission have already banned this game type, emphasizing the need to discourage increased stakes.
Key findings from the Play’n GO study also suggest that 61% of Swedish slot players consideraligning regulations with the UK and the Netherlands on ‘Bonus Buy’ games as the responsible course of action.
In addition, 53% would feel proud if the Swedish gambling regulator prohibited ‘Bonus Buy’ games.
CEO and co-founder of Play’n GO, Johan Törnqvist, expressed the company's commitment to a sustainable and regulated gaming industry. Törnqvist highlighted the detrimental impact of ‘Bonus Buy’ games on players and the industry's long-term health, reaffirming the company’s firm decision to abstain from creating such games in the future.
In response to the findings, Törnqvist stated, “Play’n GO would never make a Bonus Buy game – a decision that has cost us hundreds of millions of Swedish Krona. Bonus buy games are harmful to players and to the long-term health and sustainability of the entire industry.”
Moreover, the research indicates that over half of the Swedish public (51%) perceives game suppliers abstaining from ‘Bonus Buy’ games as ‘responsible,’ with more than a quarter choosing terms like ‘ethical’ or ‘brave.’
The survey exclusively targeted individuals in Sweden who reported playing slots at least once a month. According to Play’n GO, these findings shed light on the urgent call for regulatory adjustments and industry responsibility in the evolving landscape of online slot gaming.
Play’n GO Plans Further Expansion into US
In the meantime, it’s also important to mention that in 2024, Play’n GO has returned for the second time to participate in NEXT.io: New York, solidifying its title sponsor position after a successful 2023 in North America.
The Swedish gaming giant's momentum began with the acquisition of a Connecticut license in February 2023, leading to further expansion into West Virginia and securing new operator agreements throughout the year.
Building on this success, Play’n GO's games are currently available on platforms such as Rush Street Interactive, BetMGM, and Pokerstars. Players in West Virginia, New Jersey, and Michigan can now experience and enjoy the diverse content offered by Play’n GO, marking another milestone in the company's North American breakthrough.
Source:
“55% of Swedish slot players think ‘Bonus Buy’ games should be banned”, playngo.com, February 27th, 2024.
bufallocricket 8 months ago Sr. Newbie
Does RTP / EV type metrics change at all if one where to make only bonus buy bets? This an interesting issue it seems like the UK and Netherlands are leading a good effort in thinking about the issue here but I wonder if there is something more fundamental in the nature of bet size vs expected payout. I feel after spending...
Does RTP / EV type metrics change at all if one where to make only bonus buy bets? This an interesting issue it seems like the UK and Netherlands are leading a good effort in thinking about the issue here but I wonder if there is something more fundamental in the nature of bet size vs expected payout. I feel after spending lots of time using my own play as a proxy for an approximation of average payout vs bet size for a specific game and playing it on many casino platforms that there are specific conditional elements baked into online slot logic that reduce the likelihood of winning the higher the bet size. Maybe that is just a natural function of the RTP constraint that as a statistic governs the slot machine experience as a whole averaged across samples for each fixed bet size... In vegas brick and mortar examples I have seen, one slot admin who had a key to some of the poker machines I was playing at showed me the debug of a few different games he was servicing. Since vegas gaming control compliance mandates a very detailed audit trail he showed me on the video poker each poker bet size .25, .50, 1.00, etc... maintains its own running audit trail of the running amount played, the average hold and because the rules are so strict it is often the case that the casino operators check each machines running stats, average hold 2x-10x more than the gaming control does within a month of play. I don't think online regulations are nearly as strict in maintaining regulatory visibility and high resolution audit trails and my suspicion is there is a concentrated effort to lower payout chances beyond what is the stated RTP for larger and larger bets but who knows without decent audit transparency enforced by regulators the slot machine operators are going maximize their profits any way within the legal scope. I mean it's good to worry and advocate for people that are going to bet too much and all but I kind of think that's a little like telling an alcoholic to not drink as much, I think the real focus should be on greater transparency and auditable metrics within the software frameworks that are exposed to regulators and even the players.
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Andrea Abbiati 8 months ago Sr. Newbie
Considering they are thinking of it due to people who are addicted I have to agree with it. Probably one of the easiest ways to lose whole balance and if rage betting occurs, possible within 1 bonus buy. Well being of people should be more important than profit sometimes and casinos should regulate stuff a bit
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Cinderella 8 months ago Hero Member
Reflecting on player concerns as a software provider and supporting a ban on 'Bonus Buy' games deserves a huge praise because prioritizing player well-being is key for a sustainable gaming industry. Congrats to the Swedes!
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