- Joined
- Sep 8, 2013
- Location
- Belfast
And also from All Slots....titled "Important news from All Slots".
Received another e-mail today....titled "Important news regarding your Platinum Play account"
Note: I have included the paragraph that ends with the words "Spin Casino" in both pics.
UK bookies Ladbrokes have become the latest online gambling operator to withdraw its services from the Canadian market. On Tuesday, Ladbrokes’ Canadian account holders reported receiving emails saying they would no longer be able to register, deposit or wager as of October 1. Customers will have a further 30 days in which to withdraw their funds, but “any bonus funds and pending winnings still tied into wagering requirements in accounts from Canada will be forfeited” as of Oct. 1.
Ladbrokes was tight-lipped as to the reason behind its decision, saying only: “We regularly review our ability to offer gambling facilities in different countries throughout the world.” Lads joins the recent stampede to exit the Great White North, following similarly ill-defined exits by betting exchange Matchbook in July and Betfred in June. In January, payment processor Skrill announced it would no longer handle Canadian-based online gambling transactions.
Does not fit neatly with the thread title but Ladbrokes are pulling out of the Canadian market
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The day they pull out is the same day the UK legislation kicks in - 1st October.
It may be that we will need a similar thread for grey/black markets that those choosing to stay in the UK are leaving.
Dear Matthew
IMPORTANT NEWS REGARDING PLAYERS RESIDING IN THE UNITED KINGDOM!
We regret to inform you that following recent changes to UK gambling licensing regulations, we have decided to close down operations in the United Kingdom.
What will happen to UK account holders?
* As of 24th September
- We will stop accepting deposits from existing players residing in the UK.
- We will stop accepting new players residing in the UK
* As of 30th September
- All existing UK player accounts will be closed
- Funds remaining in player accounts may be withdrawn at any time up until 30th September 2014. However, after 30th September, UK players will have to contact our customer support team in order for us to transfer funds to their bank account.
Please note that this decision affects all of our Casino brands – CherryCasino, EuroSlots, SpilleAutomater and EuroLotto.
We apologise for the inconvenience caused and if you have any questions regarding this, please do not hesitate to contact the team – contact@cherryaffiliates.com
Kind regards,
The Cherry Affiliate Team
"Customers who withdraw a sum of money that is 5 times or more greater than their lifetime deposits at Spin Casino will only be able to withdraw their winnings at a sum of 4,000€ (for Customers who are residents of the UK, 4,000 GBP) per week. The remaining amount will be placed back in the customer’s account until such time that they are eligible for a further withdrawal"
I went to sign up and try out Spin Casino and found this:
That's the old Palace Group term isn't it? Half the fun of gambling is to try and win big and they are basically saying you're not allowed to unless you already lost big. Think I'll pass on that thanks.
Actually Fortune Lounge casinos have a similar term, I think theirs is $5k though....and it's lifetime across the group too.
For the time being, here is a list of the Accredited Casinos that have either applied for or already have UKGC licenses. I'll be prettying this up in the near future.
Link Outdated / Removed
For the time being, here is a list of the Accredited Casinos that have either applied for or already have UKGC licenses. I'll be prettying this up in the near future.
Link Outdated / Removed
Good seeing Guts joining the crowd.
BTW - I've just been notified that all Club World casinos are leaving the UK market.
Expect a domino effect there.
I have been expecting this, along with an exodus of all the other trustworthy RTG casinos like iNetBet and Jackpot Capital. It may have caught people by surprise since Club World is actually run from the UK, even though it's servers are offshore.
I am expecting a similar mass exodus of Rival powered casinos.
I suspect it's the way the software supplier comes under the same level of scrutiny as the operators that is the trigger, even though this aspect of the regulation has been delayed until next year.
Its software only suppliers that are delayed until 31st March, if it is a hosting service, if they handle the actual bet, server or RNG then they are an operator and need a remote licence - with the rts and lccp conditions split between them and the marketing firm/skin/customer service bit.
For RTG in particular, there is the big problem of the US market, and getting RTG approved by the UKGC would mean RTG making drastic changes to it's US offering. Given that most major software suppliers are out of the US, it must be a lucrative market for RTG and it's operators.
Getting a software supplier licence is different and a lot easier than getting an operator's remote licence. So long as the UK operator bought RTG software from a software licenced subsidiary of RTG and the software met the Remote Technical Standard and the UKoperator conrolled every aspect of the bet/operation software then that's prob OK.
There have been many doubts about who can do what with RTG, and the "invisible" reconfiguration of RTP must also place a question mark over whether the technical standards are met. The only operator to have properly "bought" the RTG software is Bodog. They have moved their US operations into a licensing arrangement, and so do not directly operate in the US. Maybe they will stay in the UK, or have a UK specific skin and subsidiary. A flight from the UK by the likes of Club World does present an opportunity for any RTG operator willing to restructure their company in order to meet any future requirements.
Unfortunately, if they haven't applied already, it's too late.
I am surprised that so FEW operators have made official announcements that they are leaving the UK. Many UK players could have a rude awakening on Wednesday when they fire up their PCs for the first gamble of the day.
Starspins.com
WTF???? and we only got the 29th September and now information given?? I started made deposit there early this month and got their free bonus game to play....
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happens when I log in. Oh well here goes to made month coming up
It couldnt be a US facing site with full control over thr RTG software and operation, would not get a UK licence. D-Day is now 1st Nov not 1st Oct.
Merge poker (well one of the main skins) is US facing and announced they were leaving, quite why anyone would choose a US facing site from the UK given payment risks et al anyway but I am not at all surprised that these black market operators have not YET announced a pull out of the UK, they don't ned to until the day it is implemented, announcing early can only cost them money - OK for a customer service gain but only for customers they are no longer serving.
I would expect them to pull out of the UK, the revenues would be trivial compared to the potential inconvenience of criminal charges in the UK and likely inability to go to the UK/London without fear of arrest.