
Originally Posted by
Casinomeister
Even though 888.com has this in their Ts&Cs (and I guess we're assuming that this is the casino Sharpshooter is referring to), one would expect a series of emails to be sent to notify the player that the balance is being chiseled away.
10% a month seems pretty steep though
I'd suggest that Sharpshooter PABs so Max can have this addressed.
Has this happened to anyone else?
If this is 888.com, they are licenced in Gibraltar, and this could be challenged under "unfair consumer contract" regulations. The reason being the charge is a PENALTY, and not a legitimate charge for a service, which would be the actual cost to the company of providing the service, plus a small profit of the same margin normally made on it's services.
The UK Banks have LOST their recent case that their extortionate charges were "for providing a service", and it has been ruled that they can be investigated under the consumer contract laws.
If the casino is NOT EU regulated, tough maybe, but always worth exerting pressure.
The lack of notification certainly shows they were conniving to confiscate the balance, rather than give the player every opportunity to realise they had some funds left. Their maths is also pretty poor, as a 10% fee would surely be 10% of what is left, not 10% of the starting sum, otherwise it is NOT a "10% monthly fee", but rather a mechanism to clear the account in as short a time as possible.
SOME casinos just seem to DESERVE rogue players
"Do unto others as you would have others do unto yourself" - applies to businesses as well as people, and businesses that forget this often suffer in the long term, despite the short term gains.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
Bookmarks