Midaur - Another One Bites The Dust

slot_zombie

Senior Member
Joined
Jul 25, 2014
Location
UK
I wonder if the UKGC will take on board the volume of decent casino's that are leaving the UK market or ffolding alltogether due to over regulation before making their next moves?

Of course not. I doubt they even care. They'll put it all down to the tax burden (which to be fair, it partially is) - not their overzealous meddling.
 

shadow123

Ueber Meister
MM
Joined
Mar 19, 2008
Location
midlands
Slowly but surely they are destroying the industry while failing to implement the important things
like reversals,hard to believe they still havnt clamped down on them.
I bet things will get a lot worse this year with the 2005 gaming act being revisited,max stakes are very probably
on the cards,I can see them aligning online casinos with the B and M casinos even with the possibility of payout limits.
Shit times are coming thats for sure
 

dunover

Unofficial T&C's Editor
Staff member
webmeister
PABnonaccred
PABnononaccred
CAG
mm3
Joined
May 22, 2012
Location
the bus shelter, opposite GCHQ Benhall
Now you know why UKGC-facing casinos are trying to offer bonuses still but are reducing their quality and at the same time they are using lower-RTP slots where the developer makes them available.
I still think that some forum members don't understand the complexity and wafer thin margins many operators are trying to get by on.
If you haven't got foreign revenues like the bookies to subsidize the UK market with or aren't a medium or bigger-sized operator, the writing is really on the wall.

Look at what's happening:

1. Lower standard of bonuses
2. Reduction of RTP's
3. Amalgamation of platforms (i.e. Trada)
4. Simply leaving the UK market to remove the liabilities it entails.
5. Like Midaur, a UK-facing site, shutting altogether.

So if an operator merges or reduces bonuses or RTP's to stay afloat, yes players don't like it but look at the alternative, as Midaur found out. What would you do?
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
Now you know why UKGC-facing casinos are trying to offer bonuses still but are reducing their quality and at the same time they are using lower-RTP slots where the developer makes them available.
I still think that some forum members don't understand the complexity and wafer thin margins many operators are trying to get by on.
If you haven't got foreign revenues like the bookies to subsidize the UK market with or aren't a medium or bigger-sized operator, the writing is really on the wall.

Look at what's happening:

1. Lower standard of bonuses
2. Reduction of RTP's
3. Amalgamation of platforms (i.e. Trada)
4. Simply leaving the UK market to remove the liabilities it entails.
5. Like Midaur, a UK-facing site, shutting altogether.

So if an operator merges or reduces bonuses or RTP's to stay afloat, yes players don't like it but look at the alternative, as Midaur found out. What would you do?
Seems like I will not have to find another Mrs if I ever want to reduce my gambling!
 

Jono777

Ueber Meister
CAG
mm1
mm4
Joined
May 13, 2014
Location
Wolverhampton
I just hope it never reaches the stages where those who fancy a flutter are pretty much FORCED to have to play at one of the larger sites or even worse one of the UK bookies sites.

It will be a case of "Hmm what do I want today, apart from my spins, lag galore or OTT SoW requests" :rolleyes:
 

News Hound

Casinomeister News
Staff member
CAG
MM
Joined
Feb 15, 2019
Has there been an email communication to their player base, if so, would be great if you could copy it into this thread. Thanks!
 

Slottery

Senior Member
PABnoaccred
MM
Joined
Aug 21, 2017
Location
Malta
Now you know why UKGC-facing casinos are trying to offer bonuses still but are reducing their quality and at the same time they are using lower-RTP slots where the developer makes them available.
I still think that some forum members don't understand the complexity and wafer thin margins many operators are trying to get by on.
If you haven't got foreign revenues like the bookies to subsidize the UK market with or aren't a medium or bigger-sized operator, the writing is really on the wall.

Look at what's happening:

1. Lower standard of bonuses
2. Reduction of RTP's
3. Amalgamation of platforms (i.e. Trada)
4. Simply leaving the UK market to remove the liabilities it entails.
5. Like Midaur, a UK-facing site, shutting altogether.

So if an operator merges or reduces bonuses or RTP's to stay afloat, yes players don't like it but look at the alternative, as Midaur found out. What would you do?

I read from several threads that casinos are all making fortunes every day with their rigged games, they are just so greedy that nothing is enough :)

Seriously, UK with it's taxes and regulations is very challenging market and like many been guessing here, it seems that only big boys (and girls) stay alive and when many have left or are leaving, remaining ones might have bigger piece from pie.

You still have quite decent operators there to choose, maybe next January it's less than now but for sure somebody remain there to take deposits. Some new ones coming, dunno how many as could imagine hat you review market quite well before entering there and now one of first messages you see is many leaving UK, some lowering RTP:s and other things which might not give very glorious picture how easy it is make profit from there.
 

slot_zombie

Senior Member
Joined
Jul 25, 2014
Location
UK
Has there been an email communication to their player base, if so, would be great if you could copy it into this thread. Thanks!



Hi,

Please accept this email as formal notification that Midaur has ceased provision of all gambling operations with immediate effect.

The Midaur team thanks you for your custom during your time with us.

Registered users will be able to access their accounts until 23rd January 2020 and player account balances in excess of £2.50 will be returned to the medium from which they were received, as follows:
balances in excess of £10 will be returned in full
balances below the withdrawal threshold of £10 but above the de minimis of £2.50 will be returned minus any transaction related costs

Due to transaction costs, account balances below £2.50 will be aggregated and donated to an industry related charity.

If you have any questions regarding this notice please contact us on [email protected] or live chat.

Kind regards,
The Midaur customer care team



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Midaur is owned and operated by Infinity Gaming Solutions Limited (white label and licenced platform provider), registered in the Isle of Man under company number 128765C, with registered office address at 34 North Quay, Douglas, Isle of Man, IM1 4LB. Tel: +44 (0)1624 604270. Infinity Gaming Solutions Limited is regulated by the Isle of Man Gambling Supervision Commission by way of a licence issued pursuant to the Online Gambling Regulation Act 2001 on 23 January 2017 and by the Gambling Commission under licence number 000-047521-R-325987-002 issued on 30 March 2017 for customers in Great Britain. Gambling may not be lawful in your jurisdiction. It is the players and cardholder’s responsibility to know the laws concerning online gambling in his/her country of domicile. If Internet gambling is illegal in the jurisdiction that you are located, you are not authorized to use a payment card or any other payment method to complete a transaction. Gamble responsibly and in moderation. Do not consider gambling as a way of earning money, and only play with money that you can afford to lose. If you are worried about your gambling or are affected by another person's gambling behaviour, please contact GamCare or Gamblers Anonymous.


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shadow123

Ueber Meister
MM
Joined
Mar 19, 2008
Location
midlands
I just hope it never reaches the stages where those who fancy a flutter are pretty much FORCED to have to play at one of the larger sites or even worse one of the UK bookies sites.

It will be a case of "Hmm what do I want today, apart from my spins, lag galore or OTT SoW requests" :rolleyes:

Been playing off and on at Ladbrokes for 20 years with no problem, The rtps are reasonable and payments processed to visa are as fast as VS.They dont have a massive range of games and give next to f**k all in bonuses but for some reason I get a hell of a lot more playtme and am well up since using them regularly
again for the llast 3 months.Strangely enough I cant do a bloody thing at Corals.
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
Been playing off and on at Ladbrokes for 20 years with no problem, The rtps are reasonable and payments processed to visa are as fast as VS.They dont have a massive range of games and give next to f**k all in bonuses but for some reason I get a hell of a lot more playtme and am well up since using them regularly
again for the llast 3 months.Strangely enough I cant do a bloody thing at Corals.
I regularly play at Paddy Power if I have a good return on the Gee Gee's with a bit of spare cash and I very rarely get a cash out :(
 

ChopleyIOM

Hearthstone Addict
webby
Joined
Mar 25, 2012
Location
IOM
Let's dry our eyes a bit shall we, and cast our eyes back to the BBF thread, where even seasoned CM members couldn't work out how the hell Miduar's bonus structure and sub worked.....

https://www.casinomeister.com/forums/threads/midaur-casino-entering-the-flames.86910/
As for being left to the 'mercy' of the big UK bookies sites, I'm currently pretty much single-siting at Sky Vegas*, no nonsense with docs, payouts are always within 60 minutes 24/7/365, and there are loads of games to choose from - I think we'll cope.

As we established in the BBF thread for Miduar, there was literally no reason to play there if you were already registered and verified at other casinos, I mean, how many folks from CM were actually players there?......

* Apart from 3Dice of course, where I'm a regular player.
 
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