The online bingo industry has long been plagued with low withdrawal limits. However, thanks to the UK Gambling Commission implementing new regulations, welcome changes are now going to take place. Max withdrawal limits are now gone at online bingo brands powered by Dragonfish. Cashout limits no longer apply, making it much easier for players to make withdrawals whenever they like!
The news comes from Latest Bingo Bonuses as the group has conducted standard updates and checks, reviewing the terms and conditions of sites operated under Dragonfish, finding that the limits no longer apply. LBB also contacted live support on several sites that operate via Dragonfish and found that the cashout limits are no longer applicable.
Previously, limits were set at £1,000 each day and £2,000 each week. Each month, players could withdraw £3,000. The monthly limit was set a bit higher for casino brands of Dragonfish at £5,000. So right now, players of Dragonfish sites can cash out balances that exceed the former caps, all in one transaction!
More news from Dragonfish involves bonuses. The no deposit bonus now really requires no deposit to access. Players are no longer forced to make a deposit for a no deposit bonus when trying to cash out. Basically, players have to simply meet the playthrough requirements for bingo games and then cash out the max allowed for that bonus.
Players are verified after registering via banking details or other information. An example of the no deposit bonus not requiring a deposit can be seen at Fancy Bingo. Latest Bingo Bonuses has found that Fancy Bingo currently offers £5 free to newbies, with no deposit required to claim. LBB has reviewed the terms and conditions, finding that there is no reference that states players have to fund an account before being able to make a withdrawal.
All of this is great news, but how long will it last? It seems the withdrawal limits are here to stay but the no deposit sign-up bonus may not always be available. It’s a great deal for players but not the best option for operators. It is expected that such no deposit offers will fade away with operators offering something that will still appeal to players but be more lucrative to their needs as well.