The Economics of No‑Deposit Bonuses: How “Free Money” Shapes Online Casino Markets
No‑deposit bonuses are a staple of the online gambling world: a casino hands a new player a modest amount of bonus cash or free spins without requiring an initial deposit. For the player, it is an invitation to explore games—slots, table titles, or live dealer tables—without risking personal funds. For the operator, it is a …
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