View Single Post
  #8 (permalink)  
Old 9th July 2008, 01:19 PM
vinylweatherman's Avatar
vinylweatherman vinylweatherman is online now
Ah James my boy
 
Join Date: Oct 2004
Location: United Kingdom
Posts: 4,843
WTGs: 2
WTGd at 83 Times in 11 Posts
Thanks: 219
Thanked 3,003 Times in 1,545 Posts
Nominated 22 Times in 10 Posts
Nominated TOTW/F/M Award(s): 1
Reputation Points: 16025
Rep Power: 121
vinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond reputevinylweatherman has a reputation beyond repute
Seems odd since our friend Warren supposedly had nothing to do with the group after quitting, yet the loss of this one man caused the entire business to collapse! It shows just how unstable this business was, as any well run business would factor in the possibility of key personnel becoming unavailable without notice, and would have plans in place to deal with it.

The question now is will this be an orderly closure, with enough funds available to pay players, affiliates, and staff - or was the group struggling badly, and this blow was more than it could take.

This could leave an opening for a new casino group to acquire the assets at a discount, including the player base, and relaunch after some rebranding. If it is clear that new owners and management are in charge, the casinos could try to shake off the earlier rogue image. A move to a recognised licencing juristiction would certainly help, as if they remain in Costa Rica, it may be suspected that this is simply another of their tricks, pretending to change owners and turn over a new leaf, but still being run by the same crowd, with the exception of Warren.
__________________
http://www.vinylweatherman.net

The unbelievably out of date guide to Fruit Machines on the UK Motorway network.
Reply With Quote