- Joined
- May 22, 2012
Once, 32 Red was one of the few casinos I really trusted, but today there are at least 10 casinos I know from experience will pay out even large sums within a few hours. So they are not unique in that way any more if you ask me.
32 Red was once the pinnacle among online casinos and was without a doubt the best casino of it's day. Today the competition have far surpassed them, imo. It is easy to understand why 32Red have made the choices they have in regards of longer and longer waiting times for payments. They are a publicly traded company, with investors demanding higher revenues every year. Longer waiting times for withdrawals means more people will play back winnings into the casino, giving them higher revenues.
But in my opinion this is like pissing in your pants to keep warm at winter, it helps, but only for a short while. 32Red should have gone full VideoSlots, with a broad selection of games and lightning fast payments. If that was the case, I would still play there.
Don't get me wrong, I don't have a beef in any way with 32Red, I just think it is sad to see the direction in which they are going. They could be so much better than what they are, in my opinion.
Great post and well put. I have the odd snipe when it's relevant but I don't despise them or anything, they're still honest etc. but have taken a corporate business decision to go down the road of maximising reversals. Short-termism indeed as you say. Their strategy is owning more of the same to increase player base and have decided that's preferable to acquiring them through reputation as before. Their decision.
They have plummeted alarmingly on here (though as business they couldn't give a flying one about that!) from the top to IIRC even outside the top 40 scoring casinos now?
Quite appropriate they sponsor Leeds, themselves once Champions and now languishing 30-40 places from the top of the Premier League.

They sell Viper, the whole Viper and nothing but the Viper which is anachronistic today so if you're correct (I think you'd have to be as I've said it before now) and they make a multi-platform acquisition or generic casino of their own then a good move.
Even then, they'd still be underselling it if they continue this cussed and spiteful slow-withdrawal strategy when their multiplatform competitors make every effort to process fast 24/7.