Codeta Financial Issues

Nicola

Meister Member
mm1
A heads up to anyone who plays at Codeta or is an affiliate there. Yesterday I was given some concerning information from a friend - which I have passed on to @Casinomeister as I don't want to share publicly - that they may be suffering serious financial issues.

The situation may only be temporary as they have taken three convertible financial loans before but would advise anyone to withdraw monies as soon as possible.

I've passed on this information to the UK Gambling Commission as well :)
 

Mouche12

Kitty Lover
PABnonaccred
PABnoaccred
PABnononaccred
They seemed such a promising casino. BTW, they had already closed their doors to Dutch players a while back.
 

colinsunderland

Experienced Member
webmeister
MM
I actually thought this was common knowledge :eek:

Staff were told over a week ago there was no money to pay them apparently, and for any affiliates who work through Ihre they are part of them too.

Why are you still promoting them when there is such a question mark over them Nicola?
 

smart_croatia

Experienced Member
PABnoaccred
mybet casino also is rip

"Background information: The mybet Holding SE, ANYBET GmbH and SWS Service GmbH have filed for insolvency on the 17th of August 2018. " from site
 

Nicola

Meister Member
mm1
I actually thought this was common knowledge :eek:

Staff were told over a week ago there was no money to pay them apparently, and for any affiliates who work through Ihre they are part of them too.

Why are you still promoting them when there is such a question mark over them Nicola?
Link was removed and warning issued on Twitter a few days ago. On Friday (yesterday) I had a chat with UKGC and they had no idea whatsoever so they are chasing it up as a matter of urgency.

Codeta is actually the third EveryMatrix brand that cannot afford to pay me as an affiliate the moment. If you're not aware, Fantasino had a "big winner" many months ago and they suspended all payments until they could get the money!

Things are messy at the moment and can see many more operators closing very soon.
 

brianmon

Meister Member
webby
mm4
Link was removed and warning issued on Twitter a few days ago. On Friday (yesterday) I had a chat with UKGC and they had no idea whatsoever so they are chasing it up as a matter of urgency.

Codeta is actually the third EveryMatrix brand that cannot afford to pay me as an affiliate the moment. If you're not aware, Fantasino had a "big winner" many months ago and they suspended all payments until they could get the money!

Things are messy at the moment and can see many more operators closing very soon.
Is one of those other EM brands Casino Wishes?
They have not been operating for months now. You may want to remove their link.
This appeared not long after they opened.

0341.jpg
 

Jono777

Meister Member
CAG
mm1
mm4
Whats happening to the minute with Fantasino please Nicola?

I thought they were a pretty new casino (2018 at least) and seemed to be quite professionally run.

I did venture there from time to time, although reading this and thinking about it now, their twice weekly SMS offers have not come my way for a couple of months now, possibly related, maybe not ??
 

Nicola

Meister Member
mm1
Is one of those other EM brands Casino Wishes?
They have not been operating for months now. You may want to remove their link.
This appeared not long after they opened.

View attachment 95371
Thanks, forgot about them - that makes four EM then! They said it was a temporary closure but three months on I don't think they are coming back! Yet again, they opened with a OTT welcome offer and suffered abuse.

Whats happening to the minute with Fantasino please Nicola?

I thought they were a pretty new casino (2018 at least) and seemed to be quite professionally run.

I did venture there from time to time, although reading this and thinking about it now, their twice weekly SMS offers have not come my way for a couple of months now, possibly related, maybe not ??
Small withdrawals (under £1k) go through normally but anything bigger takes a little longer and you may have to agree to monthly payments. Support is 24/7 and they do a great job.

You've probably seen from the last few new EM casinos, they have maximum bonus cashouts of £300 or £500. Not so great for bonus hunters but stops the abuse.
 

dunover

Unofficial T&C's Editor
Staff member
webmeister
PABnonaccred
PABnononaccred
CAG
mm3
Whats happening to the minute with Fantasino please Nicola?

I thought they were a pretty new casino (2018 at least) and seemed to be quite professionally run.

I did venture there from time to time, although reading this and thinking about it now, their twice weekly SMS offers have not come my way for a couple of months now, possibly related, maybe not ??

They supposedly had a big winner months ago, and the consequences are still being felt now apparently. The sent us affies an e-mail, but I'm sceptical as most casinos have a monthly limit, or big win limit anyway. So essentially they are operating on a shoestring.

FTR BigBoy affs. haven't paid me since June and are 2 months behind, Sunbets have now closed the aff interfaces and settled final payments.
 

Biti

Webmeister
webmeister
A heads up to anyone who plays at Codeta or is an affiliate there. Yesterday I was given some concerning information from a friend - which I have passed on to @Casinomeister as I don't want to share publicly - that they may be suffering serious financial issues.

The situation may only be temporary as they have taken three convertible financial loans before but would advise anyone to withdraw monies as soon as possible.

I've passed on this information to the UK Gambling Commission as well :)
My Bet took convertible loans too before they folded.

Codeta was a bad idea from the start. A live casino niche casino would work, but not with a poor white label like EM. You should have your own tables with more choices than other casinos are offering.
 

Nicola

Meister Member
mm1
Codeta was a bad idea from the start. A live casino niche casino would work, but not with a poor white label like EM. You should have your own tables with more choices than other casinos are offering.
A great team behind Codeta, met them early on when they had just started. I agree that was their downfall. Basically added every live table from multiple providers but nothing exclusive or different from any other site in the end.

Feel sorry for the guys :(
 

Casinomeister

Forum Cheermeister
Staff member
Yep - seems to be financial issues - they are no longer listed in the Accredited Section - Grey Zone for now:
Codeta Casino Review
 

Nicola

Meister Member
mm1
Still having players report stalled payments at Codeta including one for €2500.

Also appears that a large number of games are no longer working on the site, yet they are still taking deposits and new players.

BEWARE!
 

neilw

Moderator of Live Games forum
webmeister
CAG
MM
Definitely now closed.

Important Notice from Codeta


Dear Customer,

We thought you should know that Codeta is no longer in business. But don’t worry! This doesn’t mean that you can’t play your favorite online casino games anymore. Since Codeta is part of the EveryMatrix family, a network of licensed White Label brands, we will take care of you and your account.

We will migrate your account to Jetbull casino beginning on the 23rd of January 2019.

On Jetbull, you can continue where you left off, your account will remain the same and your money balance will be migrated as well. You will have the same credentials and after you log in and accept the Terms and Conditions you will be able to fully use your account.

We will only be migrating real funds, so any bonus balance you might have had won’t be taken into consideration anymore.

Both casinos are operated by EveryMatrix Software Ltd./EveryMatrix Ltd which means that we will do anything we can to take care of you no matter which casino under our umbrella you choose. We reserve the right to migrate our valuable players from one brand to another in the event of website shutdown in order to maintain continuity and give you the least amount of trouble.

Please sign in at Jetbull.com with the same credentials to start playing your favorite casino games.

Good luck!

Thank you for understanding,

EveryMatrix
 

colinsunderland

Experienced Member
webmeister
MM
So despite warnings for months the UKGC did nothing again, I reported FreakyVegas to them and DrVegas before both closed and didn't even get a reply.
 

Harry_BKK

Meister Member
CAG
mm1
Definitely now closed.
Funny that I could still register from my location. Taking new players up to the last moment. :rolleyes:

But yeah, this has been coming for some time now and it looks like they finally pulled the plug. Wonder how many more EveryMatrix sites will disappear this year.
 

Jono777

Meister Member
CAG
mm1
mm4
Funny that I could still register from my location. Taking new players up to the last moment. :rolleyes:

But yeah, this has been coming for some time now and it looks like they finally pulled the plug. Wonder how many more EveryMatrix sites will disappear this year.
Been thinking this myself, What happened with Fantasino, seemed a great casino, did that BIG winner kill them off?
 

Jono777

Meister Member
CAG
mm1
mm4
Dunover had a Bonanza sesh there?
lol!

Can't recall the exact details but read on here somewhere of a rather large winner, 5 maybe even 6 figure cash out.

USED to get regular offers plus their "level up" rewards were really decent, £5 - £10 worth of free spin most times and usually wager free also.

Haven't heard a peep from them for at least 6 months now and gone from playing 5-6 places to just one in the main.
 
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