[Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos

[Hispo]

Also, how come the casino did not obey the ruling of the court?

Wasn't this the case where they just moved to a different country?

If a casino is established in the UK (for example) and the UK government ruled against them, then they would not have any option but to comply with the ruling.

There's a reason most casinos (and exchanges for that matter) are registered in countries known as tax havens.

I thought casinos and exchanges preferred to be registered in countries which offered lax regulation on their economical activities and little oversight on their activities. In the end, it does not matter what the business is, business people will always try to register in jurisdictions which are the friendliest to them.
The ideal case scenario would be to have casinos and exchanges to have headquarters in our respective countries, so our local law agencies and governments could serve as third parties to solve issues between the casino and gamblers, in both ways.
But that is pretty much impossible with all the phenomenon of globalization and how some issuers of licenses allow their licensed companies to operate all around the world from their jurisdiction, that is the case of Curaçao, at least.

Also, it would be pretty wild if a casino actually had to flee a country in order not to pay a lucky winner. Very wild.

[Pmalek]

I dont know what is happening with that case now, but I was following it closely and they postponed it to the max, and last time I asked they didnt pay him anything.

PaperWallet was last online on Bitcointalk back in January. Back then he said that he wasn't paid anything yet. No idea if that has changed in the meantime. Since it was a First Instance court judgement, I wonder if FortuneJack and their ex license holder have submitted an appeal and how long they have until they can do that. The player can also appeal since the court rejected some of his claims.

[LoyceV]

There's a reason most casinos (and exchanges for that matter) are registered in countries known as tax havens.

I thought casinos and exchanges preferred to be registered in countries which offered lax regulation on their economical activities and little oversight on their activities.

That's exactly what tax havens do

Also, it would be pretty wild if a casino actually had to flee a country in order not to pay a lucky winner. Very wild.

I'm more surprised they do this for an amount as little as just $100k:

I have a judgment against @Fortunejack for unpaid winnings exceeding 100,000 dollars. During the legal process they’ve changed company name and moved out of Curacao. Despite having dismissed almost all of my lawyer’s claims, the court still judged that Fortunejack wrongfully confiscated my winnings of bet (3), which is worth 92,4000 euros (4657*19.84). They should also pay interest rates and other fees, still yet to be determined by the court since Fortunejack is unwilling to deal with me directly.

That should be pocket change for any casino.

[Hispo]

There's a reason most casinos (and exchanges for that matter) are registered in countries known as tax havens.

I thought casinos and exchanges preferred to be registered in countries which offered lax regulation on their economical activities and little oversight on their activities.

That's exactly what tax havens do

Also, it would be pretty wild if a casino actually had to flee a country in order not to pay a lucky winner. Very wild.

I'm more surprised they do this for an amount as little as just $100k:

I have a judgment against @Fortunejack for unpaid winnings exceeding 100,000 dollars. During the legal process they’ve changed company name and moved out of Curacao. Despite having dismissed almost all of my lawyer’s claims, the court still judged that Fortunejack wrongfully confiscated my winnings of bet (3), which is worth 92,4000 euros (4657*19.84). They should also pay interest rates and other fees, still yet to be determined by the court since Fortunejack is unwilling to deal with me directly.

That should be pocket change for any casino.

If anything that proves that casino is probably having troubles with liquidity, and the administration determined it was cheaper for them to move out the country and change of jurisdiction than actually pay what it is due to a single gambler.

And I agree with you, 100k is supposed to be pocket change for a casino, so I cannot come up with other explanation which does not involve lack of liquidity.

This would be the kind of stuff which would make me to close my account after withdrawing all my money and never lock back to a service, to be honest.
It is obvious nobody can become a millionaire thanks to their good luck on that casino.

[LoyceV]

I can change the IP anytime when you get the old one back!

It's time
proxyimages.bitcoindata.science can go to 38.102.86.40 again

[bitmover]

I can change the IP anytime when you get the old one back!

It's time
proxyimages.bitcoindata.science can go to 38.102.86.40 again

I updated the IP, but still not working on my side.

Maybe it will take some time see the effect of the change?


Edit: Working again!

[Danydee]

That's expected and it's a normal thing. However, I don't care what the numbers look like for altcoins. Only bitcoin is of interest to me for the purpose of this thread.

Yes, but I think this so should be clearly mentioned, to not be misleading as FE minimums on some casinos are set to be equivalent to a cash value, and especially that there's been supported altcoins table Do you agree?