Nektan Gone Bust

New Casino Brand!

Race Casino Logo
Fast Pay'n Play Casino from L&L Europe..
Race Casino Review

JohnSnow

Experienced Member
PABnononaccred2
Joined
Mar 12, 2018
Location
Netherlands
Does anyone remember these guys having 4x withdraw limit on deposits made with bonus funds? It was by far the worst term I have ever seen.
More groups have this now. And my guess is that they will all disappear eventually or lose their license and step over to Curacao licenses, that way they don't have to be in the grey area legally speaking and don't have to pay taxes.
 

News Hound

Casinomeister News
Staff member
CAG
MM
Joined
Feb 15, 2019
WOW!
 

goatwack

Get dunked, big buns!
CAG
Joined
Aug 30, 2012
Location
Londonia
At this rate we"ll have to apply to Aspire Global to take our money cos they will be the last provider standing..
They'll be the ones they all aspire to. Because they're the only ones left :eek2:
 

Nicola

Closed Account
Joined
Jan 22, 2013
Location
Malta
Just two weeks ago, one of the bosses said this:

“The group is pleased to report that it is ahead of expectations and on track to complete 20 new site launches by the end of December 2019. In addition, the group has a strong pipeline of further launches scheduled for Q1 calendar 2020.“

When they lie to the stock market and investors, you know things are bad.

Why the hell do they keep opening so many sites :what:
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
Does anyone remember these guys having 4x withdraw limit on deposits made with bonus funds? It was by far the worst term I have ever seen.
Mafia and their type seek to get into the veins of online gambling. In fact it is mostly online gamblings life blood when it comes to sucking up the unawares deposits.
CM are respected and shunned for a reason
 

Harry_BKK

Meister Member
CAG
mm1
Joined
Dec 18, 2014
Location
Balcony
Was just looking at a Nektan brand and thought the 4x bonus-to-cash conversion, massive wagering of 30x D+B with bonus funds only and reduced contribution of a ton of games was enough to limit their exposure. It wasn't. :rolleyes: ......They recently snug another "fine" paragraph into their terms.

Just imagine, you take a 100% bonus, deposit $100 giving you $200 to play x 35 = $7,000 in wagering. At 0.50 max bet, that's gonna be quite the session. :rolleyes: :D

1585672186843.png
 
Last edited:

Kroffe

เ๓ ค Ŧคภςץ ๒єคг
MM
Joined
Mar 2, 2019
Location
sweden
Was just looking at a Nektan brand and thought the 4x bonus-to-cash conversion, massive wagering of 30x D+B with bonus funds only and reduced contribution of a ton of games was enough to limit their exposure. It wasn't. :rolleyes: ......They recently snug another "fine" paragraph into their terms.

Just imagine, you take a 100% bonus, deposit $100 giving you $200 to play x 35 = $7,000 in wagering. At 0.50 max bet, that's gonna be quite the session. :rolleyes: :D

View attachment 126715
Must be a typo, right?
50 sek is €5 not €0.5

Or maybe since they know im Swedish and like to highroll im allowed higher stakes.
;)
 

Harry_BKK

Meister Member
CAG
mm1
Joined
Dec 18, 2014
Location
Balcony
Must be a typo, right?
50 sek is €5 not €0.5

Or maybe since they know im Swedish and like to highroll im allowed higher stakes.
;)
I think the 50 is a typo as they copy and pasted it from another part of the terms where they state the standard EUR5 for bonuses.

On top, they do not have a Swedish licence, AFAIK. :rolleyes:

Lastly, Nektan sold its B2C business to ActiveWin Media (owner of Betfred). They still use the Nektan licence though and operate the casinos as White Labels for ActiveWins, for now at least.

It becomes rather difficult to follow all the developments as some seem to change owners more often than people their underwear. :D
 
Last edited:

trees

Newbie member
Joined
Apr 30, 2019
Location
nl
More groups have this now. And my guess is that they will all disappear eventually or lose their license and step over to Curacao licenses, that way they don't have to be in the grey area legally speaking and don't have to pay taxes.
can a maltese licensed casino do this a max win rule?
i had a casino with maltese license offer me 500%, max deposit 200 euro
and max payout is 1500 euro.
wagering was 50xb+d
at the end i got up around 7000 euro.
got paid 1500 only with a heavy SOW behind.
or should they pay me the total win? instead of 1500?
this is kinda robbery in my eyes. and if someone deposit 10 euro and get the same offer they still can withdraw 1500 but a better quote.
and this casino is not a nektan casino.
 

Gaz237

Meister Member
MM
Joined
May 8, 2014
Location
chelmsford UK
can a maltese licensed casino do this a max win rule?
i had a casino with maltese license offer me 500%, max deposit 200 euro
and max payout is 1500 euro.
wagering was 50xb+d
at the end i got up around 7000 euro.
got paid 1500 only with a heavy SOW behind.
or should they pay me the total win? instead of 1500?
this is kinda robbery in my eyes. and if someone deposit 10 euro and get the same offer they still can withdraw 1500 but a better quote.
and this casino is not a nektan casino.
You agreed to those terms when you took the bonus.

You can't decide to change them because it suits you.
 

Playford7

Meister Member
MM
Joined
Jul 10, 2016
Location
North east England
Anyone want to send this to a certain streamer whom plays at this shower of shit and openly promotes it to sign ups.
He’s been warned months back, sadly all players don’t have the knowledge as many here have not have the option of CM to avoid such heathen laden hell holes.
Isn’t the max welcome offer x4 conversion? Wow, just wow...
Also wasn’t it this lovely and reliable group whom a player was almost robbed of a fair DOA win?..
imagine being so low in the midst of a pandemic you promoted any nektan site..
Ohhhh wait.
 
Last edited:

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top