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Spinjuju closing

Discussion in 'Online Casinos' started by Brian Wylie, Oct 5, 2018.

    Oct 5, 2018
  1. Brian Wylie

    Brian Wylie Full Member

    Location:
    LONDON
    Surprised at this pretty good outfit.

    Received an email saying we are closing.

    Part of the MTSecure trade network I think.
     
  2. Oct 5, 2018
  3. curremon

    curremon Senior Member PABnononaccred MM

    Occupation:
    Working
    Location:
    finland
    If i remember right , their bonusrules were from hell. Edited since i found rules: 1st deposit 100% up to 100€ and max withdrawal 500€... So no wonder no one plays at that casino
    Also they made kinda fucked up thing here ... Yesterday they sent reminder about unused bonuses and today they send email that they are closing with this line in email "Please note that all bonuses and bonus winnings will be cancelled."
    So basicly anyone who deposited yesterday with bonus and hasn't wagered it yet , loses all winnings from bonus..
     
    lotusch likes this.
  4. Oct 6, 2018
  5. Nicola

    Nicola Casino Affiliate MM mm1 webmeister

    Occupation:
    Web Developer
    Location:
    Green Park, London
    Dear Miss Summers,

    We regret to inform you that SpinJuju Gaming Ltd is closing due to its financial situation.

    A liquidator will be appointed. Our understanding is that this person will contact you and keep you informed of the process from now on. Meanwhile neither the SpinJuju directors, platform provider, vendors or affiliate manager can discuss your potential receivables or assist you.

    --

    Fifth casino is two months to go under EveryMatrix / MT Secure Trade white labels. Can't put my finger on it, but something is going on in the industry causing financial problems for operators.
     
    lotusch likes this.
  6. Oct 6, 2018
  7. G1000

    G1000 Newbie member PABnononaccred

    Location:
    Uk
    Makes you wonder just how popular Gamban is. Would be interested to see how this correlated with people signing up to that service :)
     
  8. Oct 7, 2018
  9. MrSim

    MrSim Newbie member

    Location:
    United Kingdom
    Or Gamstop - as that launched just shy of 6 months ago :)
     
    mack341 likes this.
  10. Oct 7, 2018
  11. Nicola

    Nicola Casino Affiliate MM mm1 webmeister

    Occupation:
    Web Developer
    Location:
    Green Park, London
    GAMSTOP said they wouldn't release figures to the public but have been 'overwhelmed' during the soft launch. I'm hopeful they will submit them to the Gambling Commission for their annual report.

    I've seen several cases already where a player has won a significant sum of money and they have banned themselves for 6 months or a year. It's good the option is available for them :)
     
  12. Nov 6, 2018
  13. irish-ranger

    irish-ranger Full Member

    Location:
    United Kingdom
    I signed up to Gamstop on Saturday night the last 2 days I have spent excluding myself from casinos who ain't members yet some big names being in that mix.
    So until they bring the blanket ban of all casinos allowing UK players it's a bit like a tea bag "full of holes"
     
  14. Nov 6, 2018
  15. Nate

    Nate Ueber Meister CAG webmeister

    Occupation:
    Monster
    Location:
    Cyberspace
    I think there are a host of issues that are contributing to this:

    1. Regulations in UK Markets becoming tighter
    2. BIG Markets closing (Aus)
    3. Underfunded operations easily obtaining licences.
    4. Over saturation - deposits being spread far and wide
    5. GAMSTOP

    I also think that overall, Casinos are chasing players through affiliates, but not making as much as an attempt to keep their players loyal anymore. Promotions are super scarce. All those weekly reloads with decent wagering have all but disappeared or terms have been added to scupper any hopes the player may have had of a big cashout (Maximum win off bonus funds)...

    Coupled with the requests for proof of income, this only serves to deter players further and put a rather large spanner in the works for those that are already struggling. The industry is taking a huge nosedive.

    A lot of it also has to do with relatively decent outfits spreading their wings and opening more and more brands which ultimately fail. In the end they hurt themselves by killing the great product they already had in search of more gold.

    Oh and half of them screw their partners too...

    Nate
     
    Nicola likes this.

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