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Originally Posted by Slugant
uhmm i've read the same article but where does it say rakeback is legal? And it explicitly says that cashback bonuses are not legal.
They say every bonus that is connected with loss is forbidden. They could easily argue that paying rake is a loss so rakeback is not allowed.
They had the same arguments in Belgium and rakeback is forbidden over there, so I do not see the same optimism you see in this article
Edit: And rakeback already was legal in the Netherlands, GG has always offered rakeback. Some sites like unibet & b365 just choose to give nothing away and claim its because of the law, but the same law allows rakeback on GG and they havent gotten a single warning about it.
KSA now explicitly states "a bonus based on losses" is not legal instead of "a cashback bonus". Specifically refering to what's actually illegal; the more a player loses the more he receives back.
Therefor, cashback/rakeback seems entirely legal, is not a bonus based on losses but just an amount of money a player gets back in exchange for wagering.
The reason that GG poker offers their reward/cashback system doesn't mean anything, they could have offered fishbuffet all this time regardless if it was legal or not.
KSA has made it pretty clear now, its not cashback that's the problem, but speficially rewarding losing players.
Also, the law specifically allows for reward/loyalty programs and bonusses.