VEGAS STRIP CASINOS

[Eran DD]

VS is really loosing it..........their excuses are getting more and more redicolous.

They claim that players have modified the software, that the Internet Gaming Council is reviewing all accounts (no organisation exists with that name) and they even claim that they want to pay us our deposits back !!!!!!!!!

Have a look at a couple of their replies to inquiries from players asking when they will recieve their money (the worst is last !):

------------------------------
Dear XXXX:

First of all we will like to apologize for all the inconveniences you might have been through and at the same time we like to thank you for your patience and comprehension.

In regards to your casino account, we regret to inform you that due to a warning that we have received from our processing bank and the Internet Gaming Council of an abundance of fraudulent activity, we have suspended all Casino accounts from the country of Denmark.

Please, be assured that any and all pending Credit Card withdrawals request will be processed in a timely manner.

We would like to thank you again for your patience and understanding. We will contact you as soon as we get any news from our processing bank and the Internet Gaming Council in case the suspension can be lifted.

Thank you again and have a great day!!!!!!!

Best Regards

The Vegas Strip Casinos
---------------------------------------
Dear XXX:

By now we can not access any account from Denmark, all accounts are being managed by the Internet Gaming Council, they are trying to find out who are doing fraud. As soon as they finish with the process you will be allowed to access your account again.

The deposits you have done are going back to your credit card account. The accounting department is processing that right now, but it will take some time, because they are doing one casino every week.

If you have more questions do not hesitate to contact us.

Have a GREAT day!!!

Pete, Club Mardi Gras Casino Rep 58
-------------------------------------

First of all, let us greet to you from The Vegas Strip Casinos, the most thrilling gaming experience on the Net.

It has been brought to our attention that many people are concerned about closing of the Danish accounts from our casinos. We would like to clarify several points regarding such situation. Servers elsewhere started having connection problems were taking place, after review, we, The Vegas Strip
Casinos, came to the conclusion to ban this group of players (over 1200) from playing our software.

We received a warning letter originating from the Internet Gaming Council, as well as from our processing bank, which advised us of an abundance of fraudulent activity, most coming from the country of Denmark, and after a thorough investigation, the decision to close the accounts stood. We emphasize that the fraud committed was due to a massive manipulation of our software in conjunction with our bonus promotions for both, new and existing players, like they had previously done with other online casinos. Many of those smaller casinos have already gone out of business due to this ungrateful use of the games.

In regards to the winnings, we will deal with these accounts just as we would with any other type of fraudulent accounts; this means that the only money being returned to the customers will be the total amount of deposits made and
the rest of the balance will remain in the casino. We believe it is our right to defend ourselves from unlawful activity that threatens the security and stability of our company.

Thank you for understanding such difficult decision but we need to maintain the integrity of our name as well as the security of our other customers who do play in a fair manner and to whom we won't withhold their winnings. We are known in this business as the most trusted online casinos group and we did not earn this title without going out of our way for the customers who really deserve it.

The Vegas Strip

Customer Service Supervisors

------------------------------

 

[steve]

They are so full of shit its not even funny.

 

[Niels Brinch]

Hi everyone

It is a disgrace how Vegas Strip is behaving. Apparently the accuse some one from Denmark from fraudulent activity. But then find the guilty ones - and leave us honest players alone. Does anyone know where Vegas Strip is based. I have talked to my lawyer about making a formal complaint to the local police. Right now it is VS who is fraudulent and racist. Regards Niels

 

[Christian]

Wasn't it about time to move them to the Rogue list ???

 

[mike]

Heard the piece on VS on casinogazette.com and must say that I am a bit dissapointed with the gentle critisism.

Isn't it obvous that they are dishonest and that they are filling us with lies ?

Show some guts.......go get 'em !

 

[Judge]

The VS is with out any doubt full of shit !.
Accusing each and everyone in one specific location for fraud. How should that take place ?
Keeping the money in the casino. This smells like stealing and at the same time mayor financial problems.

 

[thesands]

What is the age required to play at this casino? They told me 18 then once I lost for many months in a row, it was fine. All a sudden I won my original deposit back one day thanks to the slots , they contact me and said they won't pay me because I am underage. They said 18 was the min age and I was sure because I called them. They said no it is now 21.

 

[sirius]

Why are people suprised that this group are short of money??? They were giving away $100 a couple of times a week!! It's nothing to do with how the bonuses were played.

These people are so [color=ff0000]•••••••[/color] stupid it's unbelievable!!!

The deals were so regular that I believe most people didn't play much more than the requirements after they received the bonus (and definitely not much more than required to receive the bonus).

Let assume that people wagered 5 times everything on average and deposited the full $100. ($100+$100 times five = $1000). Casinos take 3% on average of the wagered amount. I believe most people would have played blackjack and played it well and the amount would have been much lower. Anyway, assuming the 3% on the wagered amount, they would only keep $30 out of each $100 they gave away (twice a week). They would be giving the players $70 each on average with each promotion and that's a conservative estimate.

The Danish players probably know how to play blackjack better than most so the casinos were almost giving away the whole bonus to these players. If there were over 1000 Danish players you can see how much Vegas Strip would lose from them. The Danish players were not much different than any other group of players (except maybe lost a bit less of the bonus by playing better) but the casino group must have thought it was easier just to ban Denmark.

Why are people praising the old management? The old management gave these promotions which have been toned down now. This casino group can't afford to pay all the players now though and are finished. They can't just refuse to pay Danish players.

Their announcement seemed to suggest that a lot of their regular players were Danish. So they are refusing to pay a large proportion of their active members. I don't believe more than a couple of thousand regularly play there and do the promos.

 

[sirius]

Actually now I think about it, I think they were giving away $100 in total each week. $50 twice a week usually. They still would have lost at least $70 a week on each player I think.

 

[steve_k]

I can't believe that TVS would have lost that much regularly on each player, and kept the bonus' going for as long as they did. Watching players at the multi-player tables at BossMedia, not many gamblers know too much even about basic strat, money management, etc. I'm sure that there was a good percentage who came away from the TVS deals with nothing a good part of the time.

 

[mary]

Steve, you'd be amazed. Look at the Tropika story. These casinos will throw money out the front door and then fall over dead when the information hits critical mass on the Internet.

 

[jetset]

I definitely get a sense of deja-vu here! The similarities with recent casino failures are striking.

 

[sirius]

The average amount that is kept by the casino can easily be calculated by the total amount wagered and nothing else. Everything evens out after that. Some people might win big and others lose but it averages out.

PWC audits Microgaming casino payouts and they all return around 97% in the popular casinos (it varies more if the casinos have fewer players). Therefore you can be sure that Vegas Strip only kept about 3% of the wagered amount and probably much less if the majority played Blackjack properly. They had $50 match bonuses twice a week. If players only wagered $1000 each week on average for the promo, the players would only lose $30 each on average and the casino would be giving away $70 to each player.