So does this mean that XXL Club has flown the coop and is no longer in operation at all? Even though the rep was on here in that other thread assuring players that all was fine? I wonder how many people were affected? Any PAB's Max on this one? And anyone know exactly when they shut down?
To think I offended the rep when I mentioned that their pattern was looking like they were on the way to going bust. The rep then spent months pretending it was some kind of Russian Law, and that all would be fine in a few months time.
This is becoming something of a habit with Playtech. A casino starts to slow down and stall payments; someone says the obvious here, a rep turns up to promise all is well with the business, and later they disappear (go bust). Playtech just do nothing, it is clear they do NOT do any vetting of their licensees (other than perhaps their ability to pay the fees to Playtech), nor keep an eye on how well they are covering their liabilities. Given that Playtech is listed on the London stock exchange, this performance is beyond abysmal.
With the surge in credible RTG operators, it is looking like Playtech will steal the crown for the dodgiest software for players to trust with their money.
I have shunned Playtech for a couple of years now, and things seem to be getting even WORSE, not better. Even flagship brands such as William Hill have caused problems, and this should never have been the case.
In future, ANY Playtech casino that appears to be stalling payments, which means anything from taking longer than usual, to pulling "stunts" to deny winnings, should be one that players avoid leaving large balances in, or making large deposits into - despite what is offered in bonuses.
The only Playtech casinos worthy of trust are those that have been accepted into the accredited list.
The lack of coherent global regulation is what allows these operators to get away with it, and so long as Playtech are prepared to look the other way when their operators are going under, with no regard to the protection of players' funds, we should not trust Playtech powered casinos as we might Microgaming, who are at least more proactive when they hear of one of their operators being in financial difficulties, even when they act too late in some cases (I am thinking of the TUSK poker scandal, a considerable shock to players' trust in Microgaming).