• Dragonfish changes terms to allow unlimited cash outs

    31 August 2017

    Dragonfish changes terms to allow unlimited cash outs

    While most Dragonfish powered online gaming sites still limit jackpot payouts to 24 equal installments, the terms and conditions limiting regular bingo, slots, and other casino game wins have disappeared from all Dragonfish websites checked. This is great news for players who are used to seeing £1,000 per day, £2,000 per week and £3,000 per month withdrawal limits in the best cases at their bingo sites and £5,000 per month at casinos. Now, all winnings can be cashed out in a single transaction, contingent upon banking limits on the receiving end.

    888 or Dragonfish?

    While sorting 888 Holdings' business units has never been easy, Dragonfish is 888's business-to-business line that primarily consists of the delivery platform used by all casinos and bingo sites operating under 888's UK license. However, the brand does claim gaming sites. Dragonfish bingo sites include Wink Bingo, 888ladies, Robin Hood Bingo and Foxy Bingo. 888 licensees such as Spinzilla have removed max cash out terms entirely, while 888.com has listed £/€/$/30,000 as the maximum single withdrawal. Those terms and conditions were last updated in July 2017.

    Changes Made Quietly

    The changes were made quietly and are reportedly due to regulations imposed by the Gambling Commission in the United Kingdom. Customer service agents and bingo representatives have confirmed to the LCB Network Bingo Manager, Glo Wood, that daily, weekly, and monthly cash out limits have been removed, except in the cases of progressive jackpots.

    Now NDBs Really are No Deposit Bonuses

    Another great development for players is that they will no longer be required to deposit money before withdrawing winnings from a no deposit bonus or free spins offer. Regular account verification procedures such as registering banking details are still in place under the UKGC's "know your customer" or KYC guidelines. But, now all that is needed to cash out from free offers is to meet wagering requirements and prove your identity, etc.

    Of course, operators are still free to set max win limits such as £100 per offer.

    Currently Benefit All Dragonfish Players

    If initial reports are 100% accurate as to the reason for these changes there is no reason to believe this won't become the norm, at least for gamblers in the UK. While 888 currently has 273 bingo and casino domains and 18 white labels under license in the UK, they are registered in Gibraltar, and the UKGC can not force them to apply the terms to every player everywhere unless the changes came about as some sort of internal settlement that has not reached the news yet. But we can't speculate on that possibility.

    However, accessing the terms and conditions pages of several bingo and casino sites powered by the Dragonfish platform showed the same terms and conditions as those accessed from UK IP addresses, signaling good news for Dragonfish players everywhere!

    Sources

    LatestCasinoBonuses, News, What Happened to Dragonfish Withdrawal Limits? 08-31-2017

    The Gambling Commission, 888 UK Limited, Reference 39028, 08-31-2017

    888 Holdings Plc, http://corporate.888.com/888-business-units/dragonfish 08-31-2017