Global Player Closing It's Doors?????

[aodat2]

Oh gosh...

I just received an email from Global Player which is kinda weird. The email goes like this:

We regret to inform you that Global Player Casino & Poker Room will cease operation on Friday 30th November, 2007 at 23:59:59 GMT.

Effective December 1st, 2007, 00:00:01 GMT, the casino and poker clients will be disabled and you will not be able to log into your account.

Your account balance is available for immediate payout and you are encouraged to process your payout immediately to avoid delay. If you have not requested your funds prior to our closing date, you must contact Support@global-player.com to have your payout requests processed manually.

Global Player has enjoyed eight successful years in the online gambling space and we want to extend our gratitude to you our loyal customer for your continued support.

For further information regarding your account, please contact Support@global-player.com .
Regards

Giancarlo Bettini
Chairman & CEO

===================

Am I seeing things or is this really from Global Player? Are they really closing down? They just changed their software provider and now they are closing? What's up with that? Hope someone (jetset or meister) could shed some light as to what is happening and etc.

[Casinomeister]

That's odd - this is the first I've heard of this.

[Zoozie]

I got the same mail 2 hours ago.

[Casinomeister]

Well, what a shame. These are old-timers, they've been around for quite some time and were a really good non-problematic casino.

Now why can't Crystal Palace or the Virtual Group start sending out the same email

[jetset]

It's true - this press release went up earlier this afternoon:



ST. JOHN’S, ANTIGUA (November 28th, 2007) — Universal Gaming Concepts Inc, a leading Online Gaming Company for more than eight years, today announced that they will cease operation of their Global Player brands, Global Player Casino and GPCPokerRoom.com on November 30th 2007.

Following a recent evaluation of the current business, the management of Universal Gaming Concepts Inc. decided that it is no longer feasible to continue to operate the Global Player brands.

“The current changes in the legal and economic landscape of the gaming industry has made it increasingly difficult for us to compete and retain our market share” said Giancarlo Bettini, CEO of UGC Inc. “The strategic decision to cease operations while we are still in the position to satisfy our obligations to players, vendors, affiliates and staff reinforces our integrity and commitment to good business practices."

All customers’ account balances are available for immediate payout. Customers, who have not requested their funds prior to our closing date, should contact Support@global-player.com to have their requests processed manually. Payout requests will continue to be processed until December 30th 2007.

The Global Player brand has enjoyed eight successful years in the online gambling space starting with its launch in September 1999 using its own proprietary casino software and has continued with its re-launch on Boss Media’s casino and poker platform in May of this year.

About Universal Gaming Concepts Inc.

Universal Gaming Concepts Inc. (“UGC”) is a wholly owned subsidiary of Universal Gaming Concepts Billing and Customer Support Ltd., Ireland. The company, which is licensed and bonded by the Government of Antigua & Barbuda, has been operating Online since 1999.

[aodat2]

Disbelieving what I saw, I emailed them right away asking for an explanation. This is what I got as a response (within 30 minutes as usual). Seems that this email is as real as it gets.

So sorry to see them go. I do totally respect this group of people tho. Even till the last day, they will still pay everything out and not leave anyone stranded.

Hats off to you guys, Global Player!

================
Hi XXX,

Unfortunately the email you received is correct.

Following a recent evaluation of our current business, the management of Universal Gaming Concepts Inc. has decided that it is no longer feasible to continue to operate the Global Player brands, which include Global Player Casino, GPC Pokerroom, and the Global Player Affiliate Program.

The current changes in the legal and economic landscape of the gaming industry have made it increasingly difficult for us to compete and retain our market share. The strategic decision to cease operations while we are still in the position to satisfy our obligations to players, vendors, affiliates and staff reinforces our integrity and commitment to good business practices.

Until then, we would like to thank you for your time with us and wish you the best of luck.


Best regards,

Elisa
Global Player Casino

[Mousey]

I am so, so broken hearted. I was sad when they shut out US players, but at least I had hope that if things changed for us, that someday, someway, I might be able to play there again.

I never, ever had a single problem playing, winning, withdrawing there. CS was always on top of things, and any queries answered promptly.

To the folks at Global Player, I am truly sad to see this happen and wish you all the very best.

[GemG7]

^^^^^^^^^^

Mousey's post could have come straight from my keyboard. I feel the same way. I really missed Global when they shut out the US players. A class act closing their doors what a shame.

[SlotsWizard]

It doesn't affect me one way or the other, but that's very short notice. What happens to people who had money in their account but are on vacation for the next 1.5 days?

[Casinomeister]

It doesn't affect me one way or the other, but that's very short notice. What happens to people who had money in their account but are on vacation for the next 1.5 days?

They'll be able to contact the casino via email or phone, and the casino will manually make the withdrawal. I've spoken to them over the phone, and yeah - it's a bummer.