R.I.P. GLOBAL-PLAYER.COM

30 November 2007

Pioneer online gambling company calls it a day


One of the oldest and most trouble-free of online gambling sites, Global-Player.com is to close, according to an announcement from parent company Universal Gaming Concepts Inc. Operations at Global Player Casino and GPCPokerRoom.com will cease on November 30th 2007 after eight years of operations.

CEO Giancarlo Bettini said that 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 Bettini. “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."

Bettini says that all customers’ account balances are available for immediate payout. Customers who have not requested their funds prior to the November 30 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.

Launched in 1999, Global-Player.com initially used its own proprietary software, but in May this year converted to the Boss Media platform for both online casino and poker operations.

Universal Gaming Concepts Inc. is a wholly owned subsidiary of Universal Gaming Concepts Billing and Customer Support Ltd., Ireland. The company is licensed and bonded by the government of Antigua & Barbuda.

By the end of the week players started receiving notifications of the closure by email. "We regret to inform you that Global Player Casino & Poker Room will cease operation on Friday 30th November, 2007 at 23:59:59 GMT," the email reads. "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."

Online Casino News courtesy of InfoPowa