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Online Casino News:
Linx Declaring Bankruptcy
by Joanne R Sunday November 29, 2009 at
11:06 PM
The online casino company Linx Media
Group has released a statement that they
are looking into liquidation. The online
casino has come under fire for being
very slow in paying out their customers,
and it would seem that this is because
they were having financial problems. It
would appear that they are going to be
unable to pay back those accounts at
this time.
The online casino company said that they
are in the process of appointing
liquidators to handle their account and
they aren’t sure how long this part of
the process will take. The company was
getting many complaints and they finally
released a statement that discussed
their financial difficulties and that
they would “cease trading with immediate
effect.”
The online casino operator is behind
some of the biggest names in the online
gambling community. EuroLinx.com,
BetOnBet.com, and LinxCasino.com are all
members of their online casino network
and they have suspended play on all of
these sites. They said that they were
truly upset to have to make this move,
but they didn’t have any other choice in
the matter.
They apologized to their online casino
clients, stating that they would have
prevented this from happening if they
could have. They said that all of the
available player funds are held by the
individual online casinos and that they
would have to pay them out. Online
casino players are going to have to
“lodge claims with the liquidators” in
order to see any of their funds.
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