Online Casino's Cashflow

theslotsking

Experienced Member
Joined
Feb 11, 2013
Location
Australia
Hi,

I was wondering recently what most online casino's would have as far as operating cashflow?

I know with the likes of videoslots and other large casino's they have no issue with making large payments instantly yet I have seen instances of playtech casino's such as GrandReef putting customers on a $200 week payment plan.

Having a read of the curacao licencing requirements minimum cashflow is not really an issue so I wonder how many new casino's start out with very limited cash.

Surely there should be some sort of requirement that for a casino to operate at any time they would need a minimum of say a million dollars to cover potential winnings. Its one of the reasons I don't venture much from Videoslots. I want to know that I will be paid if I have a big win.
 
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KasinoKing

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Surely there should be some sort of requirement that for a casino to operate at any time they would need a minimum of say a million dollars to cover potential winnings. Its one of the reasons I don't venture much from Videoslots. I want to know that I will be paid if I have a big win.
2 points:
The vast majority of casinos on the internet are unregulated (or as good as) so there are no "rules" as such.

Casinos who put cash-out restrictions on are probably not short of cash - they just want to hang on to the player's funds as long as possible in the hope they get fed up waiting for their money and lose it back to the casino.
The Virtual / Ace Revenue group are the classic example of this - they have LOADS of money but have operated like this for over a decade :(

KK
 

theslotsking

Experienced Member
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Feb 11, 2013
Location
Australia
Its a bad way of running a business though as if you get a good reputation for paying fast you would get more customers thus making more money.
 

Webzcas

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Its a bad way of running a business though as if you get a good reputation for paying fast you would get more customers thus making more money.

It is amazing the number of people that don't perform basic due diligence and 'google' for information on a casino they have come across that they sign up at. Hence many operations enforce weekly limits, knowing they have a ready made supply of new players.

I agree though, fast paying casinos get a big thumbs up from me.
 

dunover

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It is amazing the number of people that don't perform basic due diligence and 'google' for information on a casino they have come across that they sign up at. Hence many operations enforce weekly limits, knowing they have a ready made supply of new players.

I agree though, fast paying casinos get a big thumbs up from me.

Why, thanks mate! :D :thumbsup:

Cash flow is usually quite basic for most casinos:

1. Dunover deposits.
2. Dunover loses.
3. Cash flows into the casino.
 

goatwack

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Most rogue tinpot casinos are famed for raising cash by having a whip-round at their local - so I hear.
 

TheAddict

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I can bankroll all of your winnings with 250k.
 

kidgloves

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If you wait till i win next seasons 'the apprentice' ill pm you an exclusive invite to netBentSlots.net.
ill have top brands including the likes of gongo''s quiff, brownstar burst and blood fuckers to name just a few.
I can bankroll all of your winnings with 250k.



blood fuckers...lmao. Kinky.
 

Vibroverb

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Apr 13, 2017
Location
Europe
Most Casinos are part of a bigger group, some are part of investment groups and they have access to cashflow should they need it. People forget that Casinos need to cater to their shareholders too, not just the players. For that reason, Casinos don't like risking a lot of money, each quarter needs to show certain results and this can be another reason why casinos restrict withdrawals. Some Casinos have gone bust, owing lots of money to players which they'll never see. As mentioned, it's an online business and there no specific rules, there are no good vs bad guys, they all get away with whatever they can and the game is the same - get as much money as possible.

If someone wants to play, and win 'big' then you'd really have to go to trusted casinos where players have won big and gotten paid, and it's been documented here. What's also been documented is players winning big and getting their accounts blocked, those are the casinos you want to avoid.

Good luck!
 

Harry_BKK

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Dec 18, 2014
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Balcony
Back in the day when Microgaming casinos were exclusively licensed by Kahnawake new operators were requested to present a $1Mio bond. I know it's not cash but it made sure that new operators would not be launched on a dime.

Hence, why MG casinos were the most trustworthy right from the start in 1997/1998, contrary to RTG and Rival.

Don't know what the requirements are today, especially for multi-platform operators.
 
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