Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Results 1 to 2 of 2

Thread: What happens if a Casino Closes Down?

  1. #1
    aodat2 is offline Experienced Member
    Join Date
    Mar 2003
    Location
    Malaysia
    Posts
    281
    Thanks
    4
    Thanked 76 Times in 42 Posts
    Rep Power
    41
    Reputation Points: 453

    What happens if a Casino Closes Down?

    Since we are on the Topic of casinos closing down lately, I might as well put this question to you guys.

    Everyone now-a-days like to keep their money in the casino account for convenience sakes. But has anyone actually wondered what to do or what would happen if a Casino closes down and says "goodbye"? Do they have a reserve somewhere or just with the casino itself only? Wouldn't this be considered cheating?

    Anyway, it's a good thing to wonder about. What would you or anyone else do to try to get back the money they owe you. Do input your views and opinions on this issue.
    You win some, you lose some... nobody can win it all.

  2. #2
    Simmo!'s Avatar
    Simmo! is offline Moderator Achievements:
    Veteran50000 Experience PointsSocial Magnet!Tagger Tenderfoot
    Join Date
    May 2004
    Location
    You say UK, I say England.
    Posts
    9,277
    Thanks
    1,696
    Thanked 4,373 Times in 2,080 Posts
    Rep Power
    15
    Reputation Points: 23384
    Ok my opinions

    In the world of business, if you have credit or money owed by a business you deal with, and they go insolvent, you're in trouble. They would only be declared insolvent if they were, erm, insolvent - ie: no cash to meet their debts. Hell even some of those who aren't yet insolvent may dip into your pension fund to solve their crisis

    This is why i never leave money in a casino account after a session, irrespective of who they are. You're essentially asking someone else to mind your money and its not under your control.

    I'd rather withdraw/re-deposit later. I always make sure my money is under my control, no matter where i am and who i'm dealing with. The only business people I trust with my money, through necessity i should add, are the UK banks.

    Cheers

    Simmo!


Similar Threads

  1. Online Casino Closes Due to Poor Performance
    By jmildstone in forum Online Casinos
    Replies: 5
    Last Post: 7th March 2005, 06:35 AM
  2. The Platinum Poker Club Closes Stand Alone Room
    By pokeraddict in forum Casinomeister's Poker Room
    Replies: 5
    Last Post: 3rd February 2005, 10:05 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.