Closed Online Casinos in Online Casino Groups
Closed Online Casinos: a list of all the casinos that are closing over the years
The Online Casino industry is growing every day. New brand names pop up daily, and many of them stay and rise in the online casino world. But what happens with the Online Casinos that are struggling? You will find all the Closed Online Casinos listed here.
These Casinos had either financial struggles or were found unreliable and untrustable by players and peer reviews, resulting in unhappy customers, and over the years, they had to close their doors. You cannot keep a business open and running without satisfying your customers.
Keep in mind that we have an extensive database for Online Casinos, so be sure to check them and find the best casino that suits your needs!
All Closed Online Casinos in Online Casino Groups
Last Updated on 15/03/2023
Last Updated on 15/03/2023
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Last Updated on 15/03/2023
Reasons leading to a Casino’s Closing Decision
Financial troubles
Lack of profit isn’t common in the casino world. Still, there are some cases where the casino cannot follow the payouts, leading either to bankruptcy or the devastation of the casino’s reputation.
Unreliable Casino – Importance of the Casino’s Reputation
If a Casino is reliable will be more than happy to serve its customers. But suppose a casino doesn’t respond to players’ queries for payments or any other important matter regarding their safety, policies, or personal accounts. In that case, this situation of being unresponsive will lead to complaints, and peer review pressure, ending up closing.
Legal Problems
Since every reliable Online Casino comes with a license from an Official Authority, they should, at any cost, follow their laws and regulations. But sometimes, that is not the case, leading to legal problems with the Official Authority and a long road to legal issues and dissatisfaction.
Rebranding
A casino may also close because of rebranding. Rebranding means the company will close the casino site in order to change its’ name. Then, they will introduce a new website with a similar name or completely different, but the casino’s owner company will be the same. All the existing accounts of players will move to the new casino site, so it’s practically the same casino under a new name.
Last Updated on 15/03/2023
Thanks to his background as a journalist in the iGaming industry is he always first with news about online casinos. Bart is working for almost 10 years in the iGaming industry so you can take his fair casino reviews for granted!
