Online Casinos Dir
Home Online Casino Reviews Casino Bonus US Casinos UK Casinos Gaming Blog Contact

Posts Tagged ‘breach’

What is ‘Breach of Contract’ in Gaming

Wednesday, December 15th, 2010

When you go to a new casino you always should do some type of research. You don’t have to read every word of the Terms of Service, but you should know the basics on how this particular casino manages. You want to know what the bonuses are, how they payout and what you can do if you need help. You should let this became automatic—you want to know what is going to happen with your money, after all! If you are following online gambling news, most likely you have seen a few instances where gamblers did not receive their payouts on the schedule they had hoped. Why is this? The only viable reason to not paying out a gamer is if the gamer him or herself voided the contract due to some sort of breech. For example, recently there was a surge in underage wagering at land based casinos. One eighteen-year old boy played for about twenty minutes until he won the big jackpot. Rather than running, he stayed and boldly tried to collect his payout. The casino of course turned him away, but their reason was because he played in the first place and shouldn’t have. He was underage and that alone makes him ineligible for a win of any kind should he get lucky.

The only viable reason a casino will turn you down for a win is if you breach their contract in some way. When you are wagering at an online casino or at a land based casino remember that you are entering into a contract with the casino. Though you don’t sign anything, you should note that all casinos have some check. You might see a sign at a land based casino that says clearly if you opt to wager on the games in that facility, then you are agreeing to abide by their rules. If you don’t, then you disqualify yourself from any kind of payout in the future. Casinos have ways to protect themselves. They know how to build air-tight contracts with the customers. Your responsibility as a gamer is to protect your own interest. You should make sure that you find a casino that has a clear and transparent TOS to ready. Again—you don’t have to read every word of it, but you should know what the payout procedures are and what your requirements are too.

Entraction and PotRaiser.com End Affiliation

Friday, October 15th, 2010

In the business world affiliations happen every day. Some are for customer procurement and some are for monetary gain, but the truth is that they are all beneficial to both parties in general. It is difficult for one company to sometimes make it in the economy and joining forces with another one can be one of the easiest ways to double revenue, customers, products, services and overall resources. Entraction and PotRaiser.com did just that a few years ago. The companies joined forces to better cross promote eachother’s brands. Entraction is a network of poker websites that promotes various other websites. PotRaiser.com is a website that offers poker. The plan was to benefit from promotions in the network and increase the market shares for both companies. That was not to be however. Recently Entraction announced that it no longer is keeping PotRaiser.com as part of its network and has to move on with its other network of poker casinos. The reason released was because PotRaiser.com was unable to adequately live up to Entraction’s terms of service and rules. They also stated the company continued to breach the rules despite previous warnings of issues with the ways they were doing things in the market. The answer to the problem was for the two companies to sever ties and move on.

Both companies are showing no signs of declining in the market though. Entraction maintains it has a long list of network affiliates right now to manage. They have all been successful and continue to bring in revenue the reliability to the network’s brand. They are quite happy with the casinos currently in the network and are fine without the poker website. PotRaiser.com also stated they are doing well after the split. The company’s official spokesperson stated that its contract with Entraction was up in July and since that time it has been actively building its own network of pokre professionals under which to operate. Now that the companies are gone from eachother’s business, it seems that both are set on improving on their own. They are taking the market by storm in 2011 and committed to growing their own brands as the market continues to develop.

PlayNow.com Has to Take a Day Off

Sunday, August 29th, 2010

PlayNow.com is an online casino that first entered the market just a short while ago. It was the first casino in North America to offer legalized casino games. There was a huge release of information on the move because of the change. Remember that gambling in the US has varying rules but online gambling is not legal. Since the 2006 UIGEA, or Unlawful Internet Gambling Enforcement Act, online gambling has not been allowed. The UIGEA banned financial institutions from accepting transactions that were involved with online gambling. They tasked the banks with searching for, flagging and denying online gambling activities. This was horrible news for banks because it meant that they would be the ones who had to take on the added cost of manpower to police every transaction. They had to do a lot and if they failed, were threatened with fines from the government and the seizure of moneys involved. That added cost and the fear of fees made banking executives even more staunch when looking for gambling transactions and many even swept other gambling-related activities that should have been allowed, under the same umbrella as gambling.

Of course now opening a casino that offers online gambling is a huge deal to online gaming operators. PlayNow.com was set to be one of the first to enter the market, but had to shut down due to a software issue. After just one day – and not even a full day—of online operations, PlayNow.com had to shut its doors to manage the technical problem it had. Though the problem was not detailed, it reportedly had a lot to do with online security the information people shared in their accounts. This kind of breach of security is a big deal in the world of online gambling because of the potential dangers. Not only do companies have to be careful with security, but now it is even a more important. With the growing number of online gamers it is going to be highly important for all online casinos to shore up their rules and protect not only their own positions, but the gamers who log into their systems.