Ultimate List of Closed Casinos Which No Longer Accept Players
New online casinos keep coming on a daily basis, making it more and more challenging for punters to select the most trustworthy ones. At the same time, some entertainment facilities decide to close their virtual doors and stop welcoming players.
Why is the most common reason online casinos run out of business?
The reasons are numerous. We all know that competition is fierce and merciless, so it doesn’t come as a surprise that some venues decide to abandon the stage.
Sometimes venues run into troubles with payments, they run out of money and are no longer financially capable of paying out their players. In such situations, they either close the doors completely or get acquired by another company.
Also, some of them don’t do proper marketing or have weaker business models, so they get beaten by the competition. In some situations, online casinos lose their operational license due to breaching some rules imposed by the regulator or not being able to keep up with the requirements.
How Does that Affect Players?
While this situation itself is traumatic, there are many ways to avoid burning bridges. Who knows, maybe the situation changes are those companies decide to re-enter the industry. For that reason, it is of great importance to find a proper way of announcing the closing. In the ideal situation, such a venue should send information at least a couple of months in advance to both players and affiliates. This way, there’s enough time for players to withdraw money, and for affiliates to let consumers know what can be done.
Closing the virtual doors without prior warning and chance to withdraw the winnings is the worst-case scenario. Unfortunately, that happens as well. Therefore, when choosing a casino to deposit your funds in, make sure you select the reputable ones only.
As our contribution to players in making a decision where to and not to play, we created this directory of closed casinos, but also a separate directory for blacklisted operators. This is where they can find information on why a brand got such a reputation and keep track of the progress. Yes, you’ve read it well- they have the opportunity to turn over new leaf and show that they care about players.
Gamble responsibly!
