Is it possible for a casino to go bankrupt because a player gets a very big win?
Things like this are likely to happen to a new casino that’s just trying to establish, that’s why sometimes all those new casino those not always survive, sometimes some new casinos will end up holding down their customers money with any reason for that, maybe those casinos are just trying to grow and they don’t have enough reserve, so if their customer win big amounts of money it’s really going to affect them, which can make them even go bankrupt, but am sure a already established casinos will not really go bankrupt because of their customers win, they will have enough money in reserve to cover for all those things.
It was not because many gamblers wins but it is due to mismanagement. Casinos are truly winning, if we hear that gamblers are cheating, casinos do more as well. As you can imagine, thousands of gamblers come every day and use their platform but of these numbers, only a few go back home and have wins while the majority lose and emptied their pocket. That is why the number of casinos is growing because it was earning and if managed properly, no way they'll go bankruptcy, instead we see them growing.