Casino Shutdown

[AbuBhakar]

That's why the illegal casinos are the bad places to go. You don't know when they're going to release your funds if something goes wrong.

But if it's with the legal ones, you still have the better odds of withdrawing your funds because they have a reputation to protect. And true when there are things happening in the physical casinos.

They'd mostly avoid publicizing what's happening on them to avoid fear from their customers, repeat and new.

Well, an illegal casino can immediately run away and can't file bankruptcy to compensate customers. Unlike physical and legal casinos, they can file bankruptcy and pay customers in a legal process, which is a remedy to the damage caused by hacking stolen funds.
That's why it's hard to gamble at an unlicensed casino because you don't have protection in case of what happens to the casino.

That's the advantage of the legal casinos, they can compensate their customers because they're registered and it's possible that they also have an insurance.

I think if someone goes to the illegal casinos, it's mostly just for fun and must be aware of the consequences.

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

Players have better chance of recovering their funds when the casino was hacked but still operating compared to when the casino suffered bankruptcy since I don’t see so far that a casino use an insurance to refund users balance because it’s easy for them to vanished out of thin air instead of refunding players funds.

Betnomi is one example, they just suddenly shut down and start a new casino with different brand.

[Localhostspeed]

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

Players have better chance of recovering their funds when the casino was hacked but still operating compared to when the casino suffered bankruptcy since I don’t see so far that a casino use an insurance to refund users balance because it’s easy for them to vanished out of thin air instead of refunding players funds.

Betnomi is one example, they just suddenly shut down and start a new casino with different brand.

I think casino that are licensed to a country are force to have office in the country. This was what Binance had With Nigeria that time that led to their investigation. They want to be fully operational but don't want to accept the rules and regulations of getting license. If all casino that are licensed are been force to do something that even if they want to run, they can get the arrested or hold down, most of them will think twice before they try to run away.

I have seen a lot of tags about this Betnomi, I saw some similar casino in this forum, their history didn't end well. As a gambler, your responsibility is to make sure that as you are winning be withdrawing your money directly to your external wallet. Nobody pray anything bad happen or something, but precaution is very necessary with some of this company. I think it is advisable to not use plenty of casino, use one reputable one so that all your attention will be there.

[sunsilk]

That's the advantage of the legal casinos, they can compensate their customers because they're registered and it's possible that they also have an insurance.

I think if someone goes to the illegal casinos, it's mostly just for fun and must be aware of the consequences.

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

Players have better chance of recovering their funds when the casino was hacked but still operating compared to when the casino suffered bankruptcy since I don’t see so far that a casino use an insurance to refund users balance because it’s easy for them to vanished out of thin air instead of refunding players funds.

Betnomi is one example, they just suddenly shut down and start a new casino with different brand.

I was talking about the physical casinos here. Mostly, they're registered and that's why I think they've got some insurance to whichever the government required them to apply for.

Or if there is such thing that exists on them. But if there's none, they could have some treasury or proof of funds that have required by the government before their operation.

As for the online casinos, that's one risk there. They can also be licensed but if things go south, they can always do a reset if they're not locally registerd.

[BitMaxz]

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

Players have better chance of recovering their funds when the casino was hacked but still operating compared to when the casino suffered bankruptcy since I don’t see so far that a casino use an insurance to refund users balance because it’s easy for them to vanished out of thin air instead of refunding players funds.

Betnomi is one example, they just suddenly shut down and start a new casino with different brand.

I don't know if Betnomi is a legal and licensed casino; before, I had never heard of it except someone made a thread talking about how Betnomi is a scam casino.

The OP actually is pointing to physical casinos, so usually most of the physical casinos are licensed, so the chances of recovering your funds from a physical casino are higher than the online one like betnomi.

[coin-investor]

If you ever experience a casino shutdown as a result of violence or illegal activities from a physical casino?

It's unlikely to happen here in our country; the casinos are highly monitored and regulated because the government runs them.

Share your experience from any and what happened that led to the shutdown, this will help us to learn and know how we could possibly prevent ourselves from any similar occurrences and remain unaffected in situations whereby it happened.

Physical casinos are very different from online casinos. The government will not easily take down a casino without proper investigation, and they will let the public know about the closure.
Physical casinos are employing a lot of people, and there's a lot of business that evolves in physical casinos, so that they can suspend operation, but it's unlikely to shut down the operation, as they will also lose revenues coming from taxes.

[Odusko]

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

Players have better chance of recovering their funds when the casino was hacked but still operating compared to when the casino suffered bankruptcy since I don’t see so far that a casino use an insurance to refund users balance because it’s easy for them to vanished out of thin air instead of refunding players funds.

Betnomi is one example, they just suddenly shut down and start a new casino with different brand.

I think casino that are licensed to a country are force to have office in the country. This was what Binance had With Nigeria that time that led to their investigation. They want to be fully operational but don't want to accept the rules and regulations of getting license. If all casino that are licensed are been force to do something that even if they want to run, they can get the arrested or hold down, most of them will think twice before they try to run away.

I have seen a lot of tags about this Betnomi, I saw some similar casino in this forum, their history didn't end well. As a gambler, your responsibility is to make sure that as you are winning be withdrawing your money directly to your external wallet. Nobody pray anything bad happen or something, but precaution is very necessary with some of this company. I think it is advisable to not use plenty of casino, use one reputable one so that all your attention will be there.

Why it has been difficult for most crypto services providers to get license is because they have failed abide with regulatory compliance and this make them to run or try to avoid licensing since they business have alot to do with money movement and the tendency for money laundering have always been there and for that reason, government is always stregent on licensing and it compliance, this is the major challenges facing most cryptocurrency services providers.

[Kavelj22]

If it's not for license/regulations or bankruptcy reasons, what should be the reason in your opinion OP? Usually physical casinos shut down their activities because of confirmed accusations of fraud or money laundering involvement which are all under regulations category. I can't understand what do you mean by saying shut down because of violence. If players fight against each other the casino can't operate, unless you refer to illegal locations. Better to avoid going to those locations because you will be exposed to many risks including losing your whole life.

Apart from money laundering and drug abuse, some physical casinos engage in human trafficking. At the same time, some serve as a den for incubating criminals and their arms. Let us be realistic, a lot can literally go on in a physical casino, and most of them pay the governments to cover up their crimes. Once they are exposed, they completely shut down.

I see that our opinions are not at all different because all the cases you mentioned can be considered under violations of legal regulations and the rules stipulated by the licensing authorities. The question in OP was whether anyone had experienced a casino that was shut down because of incidents of violence, which I don't believe is possible enough to cause a closure if happened because casino rules are supposed to be strict and firm to control players behaviors.

[alani123]

If I was present in a violent showdown going down in a casino and saw that the security where unable to handle it, I'd consider my presence there again.

Casinos that don't invest in security are putting their patrons in danger. Even if s country is low crime and has a high societal standard of morals, a casino is still a private establishment and should protect itself guests because it's a high interest facility where lots of money and important people are gathered.

So it's not a question that biloils down to the actions of an individual. What can change these situations is the actions of a casino's management.

[Chibit01]

Share your experience from any and what happened that led to the shutdown, this will help us to learn and know how we could possibly prevent ourselves from any similar occurrences and remain unaffected in situations whereby it happened.

Personally I have not witnessed any casino shutting down especially the ones which I’m registered with, the best way to survive such is just to try as much as you can not to be using any random casino that just popped out from anywhere, we should be more focused and get used to using famous and reputable one as most time some casinos which are likely to face such type of bankruptcy issue are the new ones which did not make better plans before coming in.

[Nightwalker(NW)]

I don't think anyone could actually think of what would lead to a casino shutting down, however there are several factor which could to them shutting down but you can't rightfully predicts which that would affect the casino and lead to the start shutting down.
Already as we are aware that license and regulatory issues could lead to them shutting down, going bankruptcy, law case and whatever but you can't rightfully predicts when this would happened to any casino out there.

[KeenanEl19]

What I mean is this @Kavelj22

There are situations like fight in a casino and this may be a brutal one leading to a shutdown even before the government intervention, also, in some cases, the shutdown may com from government, but not because of their non compliance to their regulations like that of license, but government taking decisions to lock down a physical casino because of violence taken place in the casino, there could be cases of rape, theft, fight and so many others, just as we know can happen in a physical casino and the operators or government decided to shutdown activities there.

Even if a brutal brawl breaks out, I don't think a casino would shut down on its own. However, if the government did, it would make sense, even in a country where gambling is legal. I've never encountered such a case.

I believe casinos that do shut down are those experiencing drastic bankruptcy, leaving them with no other option but to shut down and cease operations, whether temporarily or permanently. However, casinos should have had good security, so before a brawl broke out, their security would have been aware of the potential for further fighting and would have immediately taken action.

[Dunamisx]

Just an FYI about licensed online casino, there’s a lot of incident in the past that a license casino shut down and never refunded customers money.

You made some interesting points here, which I also want to lay emphasis on, all these are similar to exchange hacks, which after it all happened, customers are left without hope for recovery once it was tagged a hacked case, when things like this happens to a casino and they are not more in operation, then we should forget about anything we have with them, because they are not going to be recovered, no matter what has been said by the media or their team.

While this is even about a licensed casino we are talking about, so what are the government regulating on cases like this, that they play dumb seeing users suffer the lost from things like this and yet pretend they are regulating, or maybe they are only doing that for the sake of their own pocket.

[8rch7]

Personally I have not witnessed any casino shutting down especially the ones which I’m registered with, the best way to survive such is just to try as much as you can not to be using any random casino that just popped out from anywhere, we should be more focused and get used to using famous and reputable one as most time some casinos which are likely to face such type of bankruptcy issue are the new ones which did not make better plans before coming in.

If casino have operated for long term difficult get shutting down and registering with trusted casino have million user already joined make us not worry will shut down suddenly. Never seeing any trusted casino have shutting down due bankrupt because they can earn much from user exactly the casino have registering by million user, important to filter when registering reputable casino, how long that casino have been launched until how many user already registering at that casino.
Issues with casino nowadays easily popular if get any difficulty for withdrawing fund I believe will post at scam reputation thread, so not any chance yet for casino running long term if get problem with their website and easily leaving by loyal user if found problem from withdrawal delay and deposit not instant credit.

[crwth]

Am not referring to shutting down a casino because or license/regulations.
Neither am I referring to a shutdown as a result of bankruptcy or hack.

Here's what I meant.

If you ever experience a casino shutdown as a result of violence or illegal activities from a physical casino?

Share your experience from any and what happened that led to the shutdown, this will help us to learn and know how we could possibly prevent ourselves from any similar occurrences and remain unaffected in situations whereby it happened.

I don't have any experience with a casino shutdown that was caused by me. I heard about news on violence inside a casino in our country. It seems like a disturbed person who would do that and they need professional help. They might be so addicted that they are not thinking straight and always hoping for a win in the casino no matter what it takes.

[Darker45]

Nothing comes to mind. The widespread casino shutdown in my country lately was directed at offshore gaming companies. They aren't brick-and-mortar casinos.

While I've noticed a gambling and poker club or two gone in my city for the past several years, I haven't heard it's because of violence or illegal activities. Most brick-and-mortar gambling houses that are raided by law enforcement authorities here are illegal gambling dens. Those that are regulated aren't shut down despite violence and ties to large-scale money laundering and other crimes.

[bitbollo]

I have seen this issue with an online casino that was heavily attacked many years ago (directbet).
For sure there are many issues related to physical casinos... if you search in local news you will find a lot of this.
but I would not seen as common in western world... unless there are a shady business on the back...
the only shutdown casinos that I know are due financial problems (high expenses for low earnings).

[Frankolala]

I have seen this issue with an online casino that was heavily attacked many years ago (directbet).
For sure there are many issues related to physical casinos... if you search in local news you will find a lot of this.
but I would not seen as common in western world... unless there are a shady business on the back...
the only shutdown casinos that I know are due financial problems (high expenses for low earnings).

Underground casinos can be shutdown by the government due to ongoing illegal activities in the casino. I read a post in this gambling section about an underground casino in a foreign country that someone was killed for cheating if I'm not mistaken and the casino was shut down. Though, I don't know if their operations was illegal or not.

[Maus0728]

Thankfully I have not experienced that, I am pretty much a straight arrow most of the time so I do not think that I would ever be involved or get caught in a violent casino shut down. Only thing that I can think of that would set that kind of violence is if the casino is illegal in the first place, no permits, involvement in illegal activities like human trafficking, prostitution, love scams and/or drug distribution. This topic reminded me of gambling spots in my country where hundreds of casinos popped up in different parts of the country especially in the rural areas, it was all controlled by Chinese immigrants that entered the country illegally and some legally. These POGO hubs are so rampant that raids are still happening and you can see big compounds for these supposed to be legal companies.

[Jubilee58]

Am not referring to shutting down a casino because or license/regulations.
Neither am I referring to a shutdown as a result of bankruptcy or hack.

Here's what I meant.

If you ever experience a casino shutdown as a result of violence or illegal activities from a physical casino?

Share your experience from any and what happened that led to the shutdown, this will help us to learn and know how we could possibly prevent ourselves from any similar occurrences and remain unaffected in situations whereby it happened.

It is very rare for a casino shop to shut down without the violation of regulatory rules or bankruptcy or even hacking like you said. But however, apart from this reasons mentioned above, a casino operator can decide to change his or her own line of business which can result to shutdown while he goes after another business of his interest. And secondly, a casino shop can equally shutdown if their is a fire outbreak on the shop.

In a casino shop, bettors can quarrel and even fight themselves for one reason. or the other , but does not lead to closure of the shop.

[AprilioMP]

What I mean is this @Kavelj22

There are situations like fight in a casino and this may be a brutal one leading to a shutdown even before the government intervention, also, in some cases, the shutdown may com from government, but not because of their non compliance to their regulations like that of license, but government taking decisions to lock down a physical casino because of violence taken place in the casino, there could be cases of rape, theft, fight and so many others, just as we know can happen in a physical casino and the operators or government decided to shutdown activities there.

Illegal activities such as drugs to people fighting which result in people's lives being lost, then if it is interpreted that it is also because of regulations.
The casinos will probably deal with it but their efforts to shut down the casinos will not.
The closure will be carried out by the government because strict steps can be taken at this place which will cause inconvenience to residents.
I have never seen a physical casino close because I have never played in a casino like that, only spend time playing in online casinos, it is safe and not many people know my activities.