Originally Posted by
takethemoney
Imagine my surprise when I logged into Fortune Lounge the other day and found an empty casino shell with no games available! It turned out all my MGS casinos are that way. Sign of the times....sign of the times. Not many good casinos left for us in North America. I hate and don't trust Top Game, same with Rivals and there are only a handful of good
RTG casinos. Not much left.
I think the shell is there so that you can withdraw any remaining balances, and this may not be possible for long. You won't be able to deposit at all, and may have to wait a while for any withdrawal to go through.
As I have often said, Level 11 was a fake construct made up by Microgaming as a means to corral, and eventually exterminate, the US players. Level 11 as a separate entity never existed, so this decision came from Microgaming themselves, and caught some operators on the hop, which is why there was so much conflicting information coming from CS and individual managements.
Level 11 is similar to the "firewall" arrangement used by Absolute Poker in order to ensure that US shareholders kept hold of their investments and profits, yet didn't legally have any involvement in operating a poker room.
If Microgaming had done this in April, rather than May, of that year, it would have been the BIGGEST April fool prank ever played on US players by an operator.
The most telling sign that level 11 was never a business in it's own right was that they had no interest in expanding outside the US, and had no plans to start allowing new players from the US to register. NO sane investor would risk a CENT in such a business model, as the risk of ruin was so high, yet expansion was impossible, and in fact, every day would see a CONTRACTION in turnover as players left, but were never replaced.
Since it was an artificial "firewall" construct, there were actually no "investors" who would be risking their money, and failure didn't matter since Microgaming was GROWING throughout the rest of the word at a rate faster than the steady decline in revenue from Level 11.
When it comes to US regulation, I can't see the US authorities being fooled by the Level 11 trick, and as far as they are concerned, it was Microgaming all along, hanging on in the US to the bitter end.
Maybe even Quicktender is nothing more than a construct of the bigger operators, brought into life to replace the other processors that were shut down, and insulated from the operators by "middlemen", who are the ones who "dissolved" and cut the path from Level 11 to Quicktender, hence the oddity that a few claim to have lost even the abilty to pay back to QT, let alone any other method.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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