PlayNow.com raises weekly deposit limits to CAN$100,000

PlayNow.com, the only online gambling site licensed to operate in the Canadian province of British Columbia, is to increase its weekly spending limits in an effort to expand its appeal and move high limit players away from unregulated sites.

Customers registered with PlayNow.com can now set a weekly transfer-in limit of up to CAN$100,000 (£58,182/€68,937/US$75,248), a sharp rise on the previous limit of $9,999.

Players will also now be permitted to keep up to $250,000 in their account at one time, up from the $9,999 that customers were previously permitted to have in their PlayNow.com account.

The British Columbia Lottery Corporation (BCLC), the provincial lottery operator that runs PlayNow.com, said the idea behind the increase is to make its site more appealing to consumers who play at similar limits on so-called ‘grey market sites’ that are not regulated in British Columbia.

Read the full story on iGB North America.