I as referred to Aladdin gold from Casinomeister accredited casinos.
It seems a bad casino. I won there around 9000 USD, I have made one cashout of 4000 which was paid only after they removed around 150 USD the deposit fees they had to pay NETeller, never happened before.
The second cashout is not being processed being declined again and again, needless to say promises to pay came from live chat phone to pay, nothing comes only decline the cashout.
I am very disappointed by Aladdin gold casino I trusted them with large deposits total of more than 5500 USD in deposits.
I sent them all documents and all were approved long ago.
Have you heard of a casino taking deposit fees after somebody cashout ? about not paying casinos we all heard.
Club World group own this casino. They are known to charge a processing fee by way of a "fine" if they believe you are "churning" large amounts without making a proportionate level of play on your deposits.
At the moment, Neteller are offering 1.1% unlimited cashback on all deposits to casinos, so Club World are going to be on their guard for players making sudden switches from their usual habits to one of making large deposits without a corresponding increase in their wagering or bet sizes.
The $4000 cashout already paid would probably be down to their weekly maximum withdrawal, and the rest would come over the next two weeks. They may also decide to take processing fees from these withdrawals on the same grounds.
Having turned a blind eye to this problem caused by this type of promotions, the terms for this one has an item that allows merchants to complain about excessive "churn", and take action against the offending member by voiding ALL of their cashback, not just that from the merchant making the complaint, and further kicking the customer out of the VIP program at Neteller.
Playing a $9000 deposit through 1x at the minimum bet on the game with the highest RTP would NOT constitute the "appropriate level of play" for the amount deposited.
A more acceptable behaviour would be to make several smaller deposits, cashing out from the one that generated a worthwhile session ending payout.
This promo ends on 30th November, at which point operators can relax their guard somewhat.
VIP status at Neteller is simply a case of making the right level of transfers to merchants, so ANYONE with a big enough bankroll can ensure they get VIP status within 3/4 months of joining.
Neteller run these promotions in order to inflate turnover at the expense of their merchants, and they only share a small fraction of this with their customers, but it is enough to cause a significant increase in turnover, on which Neteller rake in fees from merchants rumoured to be 6% or over.
This situation can lead to the profit made by the casino from any play on deposits to be outweighed by the fees being paid to Neteller for the processing due to the inducement to "churn" provided by the cashback incentive.
Previous cases of Club World charging such fees appear to have followed similar lines, the eWallet running a promotion to induce "churn", and it being mathematically possible for even the customer to guarantee a small profit by doing the maximum level of churn with the minimum level of play in the casino. They have also proved to be players making large deposits and large withdrawals on a frequent basis that is not seen as "normal player behaviour".