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The English language is extensive, as we all know! But so is the list of online casino gambling terms! We understand that this means that things can get confusing at times, and game descriptions, game blogs, and general aspects of online slots can be difficult to grasp.

That’s what this article is for! Here to provide everyone with some knowledge on some of the basic terms. Hopefully, after reading through, you will be able to distinguish between payout and paytable, Win Line and AnyWays win, Bet and Total Bet, and so on and so forth! You could even become an online casino gambling term wizard!

But remember, learning is a process so try not to get frustrated if it takes longer to understand these terms. Ultimately, you should know the basics before deciding to gamble – you should learn how to be safe as possible before parting with any of your own funds. Also, online casino games can be a lot more fun when the confusion is removed!

Remember you need to be 18+ to gamble within the UK, and please feel free to visit BeGambleAware.org for more information on how to gamble safely.

3. Fundamental AML compliance in betting

Although AML laws are the same for online casinos and betting apps , betting still has its own specifics, and the chances of coming across money laundering are high.

Money laundering in betting takes the following forms:

• Criminals leverage low-outcome bets to deposit dirty money and withdraw it as “winnings.” 
• Money obtained from illegal sources is used to sponsor betting as a leisure activity.
• Criminals directly invest in/ acquire betting shops. This is what allegedly happened in Bremen, Germany. As a result, the city’s authorities decided to shut down all betting shops.

AML compliance program. To prevent betting businesses from becoming a source of crime and comply with betting regulations, a thorough AML compliance program must be in place. Among other things, it should define how the company detects, assesses, and reports financial crime.

• Customer Due Diligence (CDD). Before a customer is allowed to bet, they must go through a Customer Due Diligence check. This involves obtaining the customer’s information to verify their identity and evaluate whether they are involved in any crime.
• Enhanced Due Diligence (EDD). In cases of higher money laundering risk, companies apply what is known as Enhanced Due Diligence. One of the most vital components of EDD is checking clients’ source of funds to ensure that they don’t come from illegal activity. 
• Ongoing customer monitoring. This is an extra layer of risk management that involves ongoing due diligence checks on the customers and scrutiny of their transactions.
• Independent AML audits. Such audits allow businesses to detect their deficiencies and failures in their AML strategies, and correct their problems before regulatory inspections. Thus, firms can be protected from high regulatory fines.

Read further: What Makes an AML Compliance Program Effective

Global Online Gambling Market

Definition of the global casino industry

The global casino industry is an industry that is made of facilities that involves predictions of outcomes of the final result that will be obtained after an invent has passed. The predictions are made before the event has started. It is made up of the gambling activities such as the gaming machines and the table wagering boards. it is also a common thing for some of these facilities to provide dinning, lodging and the beverage services to their customers. This industry has evolved to an online modernized activity. The online facility has become the most used one especially in this era of corona virus where lockdowns have really affected the physical appearances in the normal global casinos. Online facilities have offered players and bookies a very momentous offer where they can play the game at any place of their comfort.

The first online casino which was referred to as Inter-casino was launched in 1996 and at this time nobody had an idea of what awaited the casino industry. Bookies never thought that one day the industry would evolve to what it is today. Currently, the online casino industry is worthy over 45 billion US dollars something that is still forcing more investors to put their capital in this new area of business and entertainment. You can imagine after the launch of the first online casino industry, in the same month, there was a raise in the number to 15 and a year later, more than 150 online casinos had been launched. Actually, this was the area where investors had started seeing some great potential.

Since the industry crossed the one billion net worth mark in 1998, there have been new inventions and innovations that have led to drastic change and growth in the online casino industry. More technological advances have been made which has led to more players feeling comfortable in joining the industry. This article will focus on how technology has impacted on the online casino industry.

Online casino wagering UK

That’s because all online casino wagering must be clearly displayed at a UK casino. The fair and transparent terms and practices policy of the UK Gambling Commission ensures that wagering requirements must be found within the Significant Conditions section – which is always written alongside a bonus. All casinos found on Casino Professor are licenced by the Gambling Commission so they must adhere to this policy.

Glossary

B

Back officeTransaction management system for the casino.

BetAny form of wager or real-money at stake.

Betting limitsMinimum and maximum wagers that a player can make at any one time.

Bonus functionSlot games often have some type of bonus function or feature. Different versions of bonus functions can include scatters, wilds and similar, but also bonus courses where the chances of winning arebetter than in the basic game.

Bonus roundThe bonus round in slot games is when the player moves up from the basic game to a bonus course which involves free spins, multipliers and other functions that often increase the chance of higher wins.

Branded gamesMeans casino games that use content licensed from a third party and on which a royalty or license fee is paid by NetEnt.

C

Casino gamesOverarching term for the category of games played for money, including slots and table games.

Casino games catalogueList, or catalogue, of NetEnt’s games that are available in a certain jurisdiction or regulated market.

Casino lobbyPage within the licensee’s gaming site showing the casino games that are available on the operator’s site.

CasinoModule™The brand name of NetEnt’s casino system, which includes a set of games based on a technical platform.

Casino resultCasino result is calculated as player bets, minus player wins, minus player compensation, minus regulated market gaming tax.

ChipsDisks used to denote values in place of real or play money, giving a visual representation of a bet in card games such as roulette.

Commercial go-liveThe date when NetEnt’s games and gaming system are launched commercially at a customer, i.e. the games become available to players for real money play on a gaming operator’s site.

CreditsIn slots games, credits are used instead of visualizing bets. Also called betting units.

CroupierThe French word for dealer, often used in table games such as roulette and blackjack. Live casino with real dealers is broadcast in real time from NetEnt’s studio inMalta.

Customer supportFunction at NetEnt that assists licensees with incidents and problems.

D

Data centerServer hall or similar where NetEnt physically handles the customer’s transactions.

DealWhen the dealer distributes cards to players in a card game such as blackjack or poker.

DealerOften used in table games such as roulette and blackjack. Live casino with real dealers is broadcast in real time from NetEnt’s studioin Malta.

Desktop gamesCommercial term to describe all casino games that are available to players on their desktop PC or Mac (including laptops).

DepositA cash payment, usually made online, to credit a gaming account with funds to play.

E

Expanding symbolIn slots games, this is a symbol that expands to fill the reel.

F

Feature roundIn slots games, this is a special round that may include free spins, interactive games and/or the opportunity to win additional prizes.

FlashA multimedia and software platform used for creating vector graphics, animation, browser games and so-called Rich Internet Applications (RIA).

Free SpinsIn slot games, ‘Free Spins’ refers to a bonus feature in which the player triggers a number of free spins in-game. These free spins are still considered part of one game round (the game round which triggered the Free Spins feature).

G

Gaming authorityThe authority responsible for regulation of the gaming market in a jurisdiction.

Game typeTerm used to describe the genre of a casino game, such as Live Casino, video slot, table games etc.

Gaming systemThe NetEnt CasinoModule™ is a gaming system. The gaming system is integrated with the licensee’s system/platform.

Game winPlayer bets minus player wins.

General Availability (GA) DateDate when NetEnt releases a new game, product, function or service to all its customers simultaneously.

Gross Gaming Revenue (GGR)Also called Game Yield. Industry-wide definition, generally the same as the gross game win. Calculated as player bets minus player wins, minus player compensationsand bonuses.

H

HandThe cards dealt to a player in a card game such as blackjack, after the cards have been shuffled by the dealer.

Hosting feeFixed monthly hosting fee invoiced to licensees covering customer support, IT service management, incident handling, problem handling, hosting charges andbandwidth.

Hosting centerSame as data center. Physical entity where the licensee’s CasinoModule ™ is hosted by NetEnt.

HTMLAbbreviation for Hyper Text Markup Language. Standard markup language used to create web pages. Web pages are generally written in HTML andtransferred over the Internet with HTTP.

HTML5This is the fifth revision of the HTML standard. Since 2015, all NetEnt games are developed in HTML 5.

I

IntegrationIntegration is the term for the activities and tasks that take place to connect the licensee’s account platform with the NetEnt CasinoModule™ so that gamescan be launched.

J

JurisdictionA limited geographical area or specific area of responsibility with authority for the administration of justice. Used to describe the regulated markets where NetEnt haslicenses.

L

Land-based casinoAll casinos that are not online. Also known as offline casinos.

Live casinoGame type which means a casino game with real dealers, broadcast over videolink in real time from a gaming studio, such as roulette and blackjack.

Live Common Draw BlackjackLive Common Draw Blackjack is a type of Live Casino Blackjack game where many players can participate simultaneously, unlike traditional blackjack which permitsa maximum of seven players.

Local jackpotA local jackpot for one operator in one jurisdiction.

M

Maximum betThe largest wager permitted in a casino game such as roulette or blackjack.

MultichannelThe ability to enjoy our games on various platforms, such as desktop, tablets, mobile and land-based gaming machines.

Multi-playerThis allows a player to play in real-time with other players seated at the same table. Available for our Live Casino games only. It is not available for our RNG games.

MultiplierIn slots, this refers to a feature where payouts can be multiplied up to a certain amount of times.

N

Net gaming revenueIndustry-wide definition, same as net game win. Calculated as player bets minus wins, minus bonus costs, minus regulated market tax.

O

Online casino supplierSubcontractor to the gaming operator/online casino. NetEnt is an online casino supplier.

Online casino operatorTerm for NetEnt’s customers – gaming companies – which in turn offer casino games to consumers. They often also provide other types of games, such as betting and poker. They are usually referred to as an online casino, one of them being our customer ComeOn.

P

PaybackSee under payout. The percentage of bets returned to players from a specific game – on average and over time.

PaylineIn slots games, these are the lines on which winning symbols must land in order to win.

PayoutAlso known as payback and RTP. The percentage of bets returned to players from a slots game – on average and over time.

PaytableThis describes the possible combinations and values of winning symbols and what the wild, scatter and other symbols mean in each casino game.

PlayersThe gaming operator’s customers. End-consumers of NetEnt’s games.

Pooled jackpotsA larger jackpot that is pooled from several operators through the same game.

Professional servicesNetEnt can provide additional services to its customers such as extra integration services/migrations/consolidations, game client brandings, business intelligence,marketing services including planning, web banner creation and poster design and training.

Progressive jackpotA fixed amount from each wager will go towards the progressive jackpot, which will continue to build until it is won.

Progressive slotsThese games are linked and they pool a jackpot prize.

R

Random Number Generator (RNG)A computational algorithm designed to generate a sequence of numbers or symbols that is entirely random. Slot games are also known as RNG games.

Return to Player (RTP)Also known as payback and payout. The percentage of bets returned to players from a specific game – on average and over time.

Revenue-shareLicensee fees that are calculated as part of the customer’s revenues from NetEnt’s games.

ReelsIn slots, a reel refers to one of the columns on which players try to hit certain symbols or prizes. Often five reels that look like columns.

RoyaltyNetEnt’s customers pay royalties to NetEnt on a monthly basis. These are calculated as a percentage of the casino result in NetEnt’s games after deduction ofregulated market tax.

S

ScatterSymbols in a slots game. Three of these symbols are often needed to unlock a bonus round, win free spins or similar. Scatters rarely need to appear on any specific lineto generate a win.

SpinRefers to a bet in a slot game. The player presses the spin button to spin the reel once.

System integration feeUpfront fees received from licensees to cover the costs of hardware investment and integration/testing before the launch of NetEnt’s games.

SymbolIn slot games, a symbol refers to an icon or value on the reel.

V

Video slots or classic slotsTerms used to describe NetEnt’s main product, slot games.

W

WagerAnother word for a bet.

WildIn slot games, wilds are symbols that will substitute for winning symbols if they land on a payline, helping players to enhance theirwins. However, these rarely substitute for scatter or bonus symbols.

If you are new to the casino world, or are trying out a new game, it's easy to get a bit overwhelmed by the jargon and new casino terms.

Our Ultimate Gambling Glossary is designed to help. Here you can familiarize yourself with phrases, casino terms, gambling meanings, slang terms, definitions, and the online chat abbreviations of the gambling world.

We update our gambling terms and glossary guide regularly too, so you can always check back whenever you come across a new term you haven't encountered before.

If you spot something that we haven't included, please let us know!

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Definition

A slot machine (American), fruit machine (British), or poker machine (Australia and New Zealand) is a coin-operated gaming machine that generates random combinations of symbols on a dial, certain combinations winning varying amounts of money for the player. Slot machines are also known pejoratively as one-armed bandits because of the large mechanical levers affixed to the sides of early mechanical machines.

What is an online casino?

The first obvious question you should ask yourself is ‘What is an online casino?’. Well, in short, an online casino is an internet-based mechanism of gambling that allows real people to play in a virtual environment. There you go. And although you do not necessarily have to gamble with real money, you do have the option to participate in real, live bets with other players and an online host. Most online casinos offer a wide spectrum of classic games such as Blackjack, Poker games, Roulette and an array of (free) Video Slot games and Fruit Machines.

Who are affiliates?

Bloggers

Experienced players who want to share their tips, advice, reviews, and opinions about the world of online gambling often start their own blog. As with bloggers in any other sphere, they hope to build enough traffic that they can generate advertising revenue. Over time, they can develop a loyal following as their readers come to trust their opinions and recommendations.

Streamers

Streamers are popular internet personalities who stream themselves playing online casino games such as slots. Viewers tune in to see the streamer’s emotional reactions when they hit a jackpot and to hear their opinions about the game they’re playing. They provide commentary during gameplay, and often compare games and review them. While they’re easiest to find on YouTube, they often publish content on their own site as well. 

Casino portals and review sites

Online casino portals, which act as gateways to the world of online gambling, are a common choice for an affiliate partner. Players visit casino portals to look for news, reviews, and information on different kinds of bonuses. Portals also sometimes have a forum for complaints, and can serve as an intermediary to handle disputes between players and casinos.

Players value casino portals for their versatility, making them very highly valuable affiliate partners.

Influencers

Gambling affiliates don’t have to be strictly gambling-related. Online casino players can have disparate interests, so cooperating with influencers and content creators in other spheres could effectively reach new pools of potential players. A variety of influencers, such as musicians, professional fighters, auto enthusiasts, and anyone else whose audience might overlap with that of online casinos can be an effective affiliate partner if the partnership is managed effectively.

But be careful not to cooperate with multiple affiliates of the same type — if their audiences overlap they might steal traffic from each other and complicate your efforts instead of augmenting them.

The Rise of Online Gambling

As the internet gambling market continues its meteoric rise, operators become increasingly high targets. Today, we’ll see what kind of challenges they face, and how to protect their business in the long run.

It’s predicted that by the end of 2023, the iGaming industry will generate a global revenue rate of $92.9 billion with major markets such as the US, Germany, and Spain all recently legalizing aspects of real-money online gaming.

Two online gambling firms provide undertakings to CMA

29 August 2018: Jumpman Gaming Limited and Progress Play Limited have agreed to make it easier and fairer for players to withdraw their cash.

Both firms have provided undertakings to the CMA which include an agreement not to:

• impose any maximum limit on the amount a consumer may withdraw
• remove funds from accounts that have not been used for a specific timeframe, either through applying disproportionate charges or through confiscating the balance

Progress Play has also agreed not to:

• remove all or part of a player’s money if they do not meet their identity verification requirements

METHODS

Database searches were undertaken during the first week of January 2020 to identify peer-reviewed journal articles and other relevant research reports examining changes in individuals’ gambling behaviour during the COVID-19 pandemic. The bibliographic databases searched included PsycINFO [via OVID], Medline [via OVID], PubMed and Web of Science Core Collection. Supplementary sources searched included the Gambling Research Exchange's Evidence Centre database, Google Scholar and PsyArXiv preprints. Searches employed a combination of keyword and controlled search terms (e.g., Medical Subject Headings) which resulted in the identification of 34 separate articles or reports. Seventeen articles and reports met the following criteria: collection of data from individual gamblers; published post-March, 2020; COVID effect assessed, and; English language.

Fun Environment: Brick-And-Mortar Casinos

Few things beat the environment of a retail casino. When you’re on the casino floor, you can explore the games, interact with the dealers, and order drinks – all while socializing with fellow players. Off the casino floor, you have restaurants, hotel suites, spas, and live entertainment. Some even have golf courses, in-house breweries, and beyond.

Online casinos don’t really have any of that. Sure, you can browse the games, and Live Dealer rooms offer some interactivity with the dealer. But it’s nothing like immersing yourself in the sights and sounds of the real deal.

Children

53.The Review Body was persuaded by the weight of evidence that children and young people are especially vulnerable to the risks of becoming problem gamblers. As a result, it decided to make various recommendations that it believed would reduce children’s opportunities to gamble. The report highlighted two specific areas of gambling regulation: the ability for children legally to play (low stake, low prize) gaming machines in amusement (so called penny) arcades; and the potential for online gambling to increase gambling participation and problem gambling among children.

54.It described the practice of permitting machine play by minors as “an historical accident”44 but stopped short of recommending a ban out of consideration for the financial impact this would have on seaside arcades. Nevertheless, several recommendations were included for constraining the opportunities for children to gamble on machines, including:

• Removing machines from ‘ambient’ and lowly supervised premises such as taxi offices and chip shops;
• Restricting machine gaming by under-18s to the lowest stake and prize category (classified as Category D machines under the 2005 Act);
• Freezing the maximum stakes (10p per spin) and prizes (£5) for such machines; and
• Barring the use of non-cash prizes.

55.Each of these recommendations was implemented by the Gambling Act 2005.