The Gambling Industry Monthly Review – July 2022

Summer months are perhaps slower for some industries, but iGaming certainly isn’t one of them. July brought numerous extraordinary new slots, some changes in the gambling legal framework, and epic record-breaking wins by the best casino streamer. 

Let’s take a walk down memory lane and remember everything that has marked this month in the gambling industry.

New Games On The Market

Pragmatic Play didn’t slow down during the summer months as it launched one great slot after another during July. Bomb Bonanza with a 5×5 grid and 50 paylines brought the exploding power to reels with its randomly expanding Wild, special Golden Nuggets and progressive free spins. 

This title clashed in the epic episode of slot wars with Cosmic Cash – another Pragmatic’s July release jacked up with free spins, stacked Wilds and potential of up to 2,650x the bet. There were some surprising twists, so don’t miss to check out this battle. 

Cosmic Crash slot

If you’re looking for a tropical paradise on reels, don’t miss on the Tropical Tiki slot with a 6×3 grid and up to 6,400 ways to win. The main feature of this game is unique reverse tumbling reels with the potential to create the max win of up to 3,000x the stake.

Those who prefer the jungle can have quite an adventure with the Gorilla Mayhem slot. Highly volatile, this game is played on a 5×4 grid with 1,024 ways to win, featuring a progressive bonus round and the winning potential of up to 5,000x the bet.

If you want to hang with US presidents and potentially win up to 10,000x the stakes, check out the Money Maze slot. As a unique combination of slot and board games, the 5×3 grid in this release transforms into the 7×7 board with 49 squares in the bonus round, ensuring thrilling gameplay. 

Gorilla Mayhem slot

Banana Town by Relax Gaming made a lot of commotion as it evoked gaming at its beginning with its 8-bit style and design. Despite its simple-looking visuals, the 6×5 game is packed with high volatility, cascading reels, progressive multiplier and free spins, offering the big winning potential of up to 10,000x the bet. 

Another slot that has marked July is certainly The Rave slot by Nolimit City. Played on 5×3 grid with 243+ win ways, it has 3 types of free spins, various special features and has a colossal cap on wins of up to 41,500x the bet

Casino Streamer’s Big Wins In June

For the king of casino streaming, July started with a bang. Roshtain once again broke his own record by pocketing the incredible $18.7 million – his biggest win ever! 

This epic hit happened during the Duel bonus feature on legendary Wanted Dead or a Wild slot by Hacksaw. Once again, this game produced a colossal win, exceeding Rosh’s previous record of $17.5 million won in March 2022. 

After seven The Great Train Robbery bonuses and 4 Duel bonuses opened, another 10 Duel free spins were triggered with the bet set on $1,500. Dead spin after a dead spin followed until the last free spin came and with it the surprising win. 

Landing on all five reels, VS symbols expanded and revealed 8x, 5x, 8x, 20x, and 3x multipliers that have amounted to a stunning $18,726,900. Roshtein was over the moon, enthusiastically repeating: “I’ve got the max win! I’ve got the max win! Oh my God!!!”.

This triggered a chain of records breaking for the streamer, the next one occurring Coils of Cash slot by Play’n GO. Here Rosh managed to set a new personal best by hitting a staggering 5,000x win, equal to a whopping $2 million. In one single spin nonetheless, takes both streamer and audience by surprise.

Another amazing win of over $2,9 million happened during a Bonus Buy Tournament on Stack Em slot by Hacksaw that was in the final round with Pragmatic Play’s Magician Secrets slot. The Stack Em bonus round started with 5 free spins, but Rosh managed to prolong it several times by winning more free spins. 

When the multiplier reached 523x, the game really exploded. The final result of the round amounted to $2,910,150 marking a new record for Roshtein who was ecstatic about this win. 

Changes In Gambling Legislations

From July 1, Germany has a new regulator as die Glücksspielbehörde (GGL) replaces Saxony-Anhalt State Administration Office as the body in charge of taking action against unlicensed cross-state operations and gambling activities across the country. After assuming responsibility for combating the illegal gambling market, GGL vowed to build on the work of its predecessor. 

Belgium’s government decided to introduce a new deposit limit for online gambling. According to The Royal Decree effecting from October 20, players will be able to deposit up to €200 a week per licensed website. However, the decree also set out a provision for players to request an increased deposit limit from the online casino, but Belgium’s Gaming Commission will have the final say in the matter.

At the beginning of the month, the Romanian government published the country’s new draft Fiscal Code, featuring a tax hike on all gambling withdrawals up to 40%. The proposal was later amended with newly proposed rates of:

  • 3% on withdrawals below RON10,000 (€2,023) 
  • 20% tax on amounts between RON10,000 and RON66,750 with an additional RON300 fee
  • 40% withdrawal tax on amounts exceeding that with a RON11,650 fee.

The tax will apply to all income received from games of chance such as lotteries, slot machines and poker games. 

Curacao licensing regime became infamous for its extremely liberal system and low barriers to entry with little scrutiny for operators, but the government intends to change this. Set to drastically reform its entire online gambling regime, the island’s authorities plan to form a new licensing body, implement higher barriers to entry and cooperation with other regulators to tackle illegal gambling. 

When it comes to new markets, Peru is entering the world gambling scene as the country’s Congress has voted to legalize online gambling and sports betting in the country, establishing a new regulated framework for the sectors. The Ministry of Foreign Trade and Tourism of Peru (Mincetur) will become responsible for implementing the new law that is voted unanimously. 

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