So True

Originally Posted by
chuchu59
Let's flip to the other side of the coin. A successful casino/operator is an establishment that can pay its licence fees (especially
RTG in the Safebet era) and can set up numerous deposit options with a couple of part-time staff. They will offer 100%-500% bonuses and if anyone wins you wont be paid if they total more than 40% of your total deposits so far. Otherwise, you will have every excuse in the book to be denied your winnings eg the check was sent but you didnt receive it eh or your documents were unvlear/never received. It all boils down to how much you have ripped off the newbies in a short time span. So a successful casino is one that rakes in the most within the shortest possible time. When its time no more newbies join them because of thie reputation, they just fold up or use another name or software and start all over again. They dont have to use much capital, so its a winning formula for them.
This is so true, and boils down to how success is measured. A rogue does not care a fig about building a good reputation as all the need to do is repeatedly "hit and run" with new identities. I doubt regulation will put a stop to the determined rogue either, many companies here in the UK use the same modus operandi, and when they have milked the poor witless punters sufficiently to have the regulators hot on their heels the simply go bankrupt, say "sorry" (having hidden the proceeds away from prying eyes through dodgy corporate manipulations), and give in to being wound up with unpayable debts. Then they have a "friend" buy the company assets and/or identity, from the public receiver and repeat the process over again.
All the (casino) companies despair at all the fraudulent players out there, but they should remember the bricks and mortar consumer companies who showed us all how to do it, and get away with it in the teeth of some of the strictest regulation in the world.
From the player's point of view though, a successful casino operation is one that builds a reputation so good we would recommend them to our Grandmother!
One key element seems to be how companies set up their customer service operations. The good companies seem to keep it in-house, and use well trained staff with considerable leeway to make decisions at the time of contact if the conditions are abnormal without worshipping the rule book. Poorer companies seem either to outsource CS, or employ low ranking staff who are given a rigid set of rules to follow, and when they encounter a situation not catered for, they simply cannot help, nor put the customer on to someone who can. When allied with a non-responsive chain of complaint escalation, this leads to a poor reputation, regardless of branding.
Another problem is fragmentation and poor internal communication. This can leave even the best of CS staff unable to make a commitment to the customer to do the simplest of things, as it relies on another internal department that will go it's own way in deciding whether to prioritise the issues in the same manner as promised by CS.
Particularly with online casinos, there is no real incentive for most to build a quality reputation if these means less overall prospect of profit. It is only groups that have had a number of casinos, and been around for some time, that have a vested interest in being able to market on trust rather than having to have the best short term new player promotions to draw in the customers. Large groups are also less likely to want to "cut and run" as they will often have a stock market listing, and institutional investors can be unforgiving if a company does not live up to expectations, and are less easily fooled by corporate trickery (although they can be if it is done well, such as at Enron).
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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