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Online casino gambling is still fairly new. The first online casino opened in 1994 and the industry has been growing steadily ever since. In this day and age, a casino information site would not be complete without a discussion of land-based casinos, along with the online and mobile gaming industries. Readers should note that we’ll offer explanations of all types of 21st-century casino games.
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Casino Tournaments Maybe you’re wondering how the RTP of slots at online casinos compares to slots in land-based casinos? Well as a general rule, payout percentages in brick and mortar casinos are considerably lower than their online counterparts. The reason for this being mostly the higher operating costs, which are reflected in the reduced payouts. Another consideration when comparing online and land-based slots are the maximum payouts allowed. When it comes to online slots, there are no limits and restrictions on the maximum amount that can legally be paid from a machine. Therefore, you can see some truly astonishing progressive jackpot prizes online, like 888casino’s Millionaire Genie slot, whose jackpot regularly exceeds £1 million. This is not the case for slots in land-based casinos. According to UK Gambling Commission legislation, slots are sorted into various categories, with limits on the maximum bet and the maximum payout allowed. The Category A slot allows unlimited payouts, yet these machines are only permitted in a regional gambling establishment. As you may be aware, there are no regional casinos in the UK, after the government decided not to proceed with the project. Therefore, currently, the highest machine category available in UK land-based casinos is the B1. This allows a maximum payout of £10,000 with the option of a maximum £20,000 linked progressive jackpot on a premises basis only. So clearly, playing slots online is much more favourable, given that there are higher payout rates and that the jackpots up for grabs are unlimited.
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