Home » FAQ » What Happens If An Online Casino Closes? » Why an online casino may go bust?

Why an online casino may go bust?

In fact, there are several reasons for it. The most frequent include inefficient management and marketing, tough economic situations, and so on. Sometimes, operators have to close their businesses due to hacker attacks. For example, if a casino doesn’t ensure safety properly, fraudsters could steal money not only of the players but of the casino itself. In some cases, online casinos just cannot compete with the bigger companies. Because players choose huge well-reputed casinos over new sites, they can’t develop a customer base.

First of all, you will forfeit all bonus money and associated winnings if you violate the bonus terms. Besides, your casino might decide to ban your account or exclude you from all future promotions. All in all, it is better not to violate the rules. In case you did it accidentally, try to contact customer support and explain the situation.

There are not many payment methods that transfer as low as $1. But your online casino will always tell you which payment method you can use for such a small transaction. It can be PaySafeCard or ecoVoucher.

Casumo is not a scam casino. They fairly pay out to their players. If they don’t, then there must be a reason for it. All in all, if you think that you didn’t receive your money for no fair reason, then you can contact or email a complaint to their regulatory bodies — MGA and UKGC.

No. This is strongly prohibited. You can only use your real money to qualify for the prizes of Mega Moolah Madness. So if you have some bonus money on your balance, we recommend wagering it and converting it into real money before playing Mega Moolah.

Yes, it is. Captain Spins online casino holds two licenses from the MGA and the UKGC. Besides, it ensures the safety of players by using SSL encryption and other advanced protective technologies. The games also undergo regular checks for fairness by eCOGRA.

More articles on gambling topic

27.05.2025 3558
The world of online gaming is more accessible than ever, and for Canadian players, the allure of casino excitement doesn’t have to come with a hefty price tag. Thanks to ...
30.09.2021 1667
N1 Casino is happy to give away Apple devices to all players that stay with N1. Till the end of October, you have a chance to win an Apple product ...
03.04.2025 6684
Online blackjack has become a staple for Canadian casino enthusiasts, offering the excitement of traditional casino gaming right from the comfort of one’s home. With its blend of strategy, skill, ...