Quote from: piebeyb on July 15, 2023, 10:47:55 AM

Quote from: Stable090 on July 15, 2023, 09:35:46 AM

Quote from: komisariatku on June 21, 2023, 03:05:38 PM

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.

Yes it's true not long ago I found a new casino and it seems they went out of business and went out cheating, some new players can't withdraw their big winnings through the chat on their site, but here we learn that to gamble in a small casino let alone a new one is very risky to go bankrupt because they don't have enough cash reserves to pay out users' winnings.

Always recommend looking for a bigger casino to make it more comfortable and safe even though I'm a small gambler but you should never try to find the risk of playing in a small casino, it's the same as giving money to fraudsters, because I often see them leave their sites by letting people people lose money and do not process their winning withdrawals.

Even on old casinos on which there's really a moment that they couldnt be able to pay up those huge winnings and this is why they do end up on become a scam because they cant really be able to pay up those winnings on which it would really be resulting for those winners dont able to get up their wins which is really that sad but it is unlikely for an old site to go into this path because this is usually happening on new ones when it comes to this matter. They would really be scamming out users specially into those newly launched.This is why if you do tend to make some play or engagement on new sites, then it would be ideal that you should only
put up or deposit into those amounts which arent really that big and just that in case that they would become scam and shady then it wont really be hurting you up that much since you are only putting up a small amount into it. Bankruptcy is not that likely to happen because most of these sites or platforms would really be setting out max bet per roll on which they had already adjusted on what would be the max win and this
wont really be putting up the risks of their entire house bankroll which it might lead to bankruptcy.