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Conspiracy theories: Curacao casinos really scam or reliable after all?

Topic created on 09th Dec. 2018 | Page: 1 of 4 | Answers: 33 | Views: 9,339
b****r
Hello,

I wonder if Curacao casinos are really as bad as many say and it's all just a rip-off and scam.
Does one really get nothing paid out there?
Has anyone already had experience with casinos with Curacao license?
I think it's just a conspiracy theory that these casinos do not pay out.
What do you think?

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Knochen
Elite
I think there are casinos with Curacao license that work properly. There is actually no doubt about that. The problem is simply that these casinos work well because they want to build a long-term successful business. The authority makes no pressure in this regard. Tens of Curacao casinos would have been closed long ago if they were licensed with the mga or the gambling commission, simply because they do not follow rules. That means with a casino licensed in Curacao you must ALWAYS rely on the goodwill and professionalism of the casino. Because the authority will not help you even if you are clearly in the right. And this Risk is probably too big for some players, even if there are certainly Curacao casinos that work properly

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Anonym
I have always received my money. Sometimes even faster than some "MGA" casinos. I don't know myself why casinos with this license are constantly kicked into the ground. I personally have not had any bad experiences. But of course there are sites that advertise more MGA casinos and don't have the Curacaos in their program - and vice versa. That's just the business of affiliates. Quite normal things. Users who always warn here, although not even experience or ever registered there are here as elsewhere some. Make your own picture. Find a good offer, and Risk a small amount - there is nothing wrong - and then you do not need to give anything to hear and say. Good luck!

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Anonym
P.S. ...and what about the MGA license: what is it worth at all? If you read so often lately, that users with their, partly serious problems are left hanging? Since I personally give nothing more on this "authority"...

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sippi
Expert
Well, you can't prove that the experiences of others here are not real. But you can continue to play in the backyard jobs if it's so great there. Everyone as he wants. I have only once played in such a rump casino (Osiris) and did not get my money - despite the fact that I had converted their crappy bonus 100 times. Yes, that's right, 100 times. Had also written something about it here. I would not even get involved in gambling with such casinos just to catch a really serious one. Although I doubt that there is such a thing. Has its reason why they have no other license. Even if MGA is not really the real thing, there is still a certain security in a casino.

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Anonym
kampfsittich wrote on 09/12/2018 at 17:08: I always got my money. In some cases even faster than some "MGA" casinos. I don't know myself why casinos with this license get run into the ground all the time. I personally have not had any bad experiences. But of course there are sites that advertise more MGA casinos and don't have the Curacaos in their program - and vice versa. That's just the business of affiliates. Quite normal things. Users who always warn here, although not even experience or ever registered there are here as elsewhere some. Make your own picture. Find a good offer, and Risk a small amount - there is nothing wrong - and then you do not need to give anything to hear and say. Good luck!

The problem is that people who intend to build their business on fraud are more likely to get a Curacao license than another because they are as good as untouchable.

In addition, the requirements to get a Curacao license are much lower, starting with the administrative procedures and especially the mandatory start-up capital.

So theoretically even a bankrupt can open a Curaçao casino.
Have fun when you win 50k.




I find the starting capital of only 40,000 euros for a MGA license much too low
What do they do when the first customer wins 100k?

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Anonym
Random wrote on 09.12.2018 at 19:13
The problem is that people who intend to build their business on fraud are more likely to get a Curacao license than another because it makes them pretty much untouchable.

Besides, the requirements to get a Curacao license are much lower, starting with the administrative procedures and especially the mandatory start-up capital.

So theoretically even a bankrupt can open a Curaçao casino.
Have fun when you win 50k.




I find the starting capital of only 40,000 euros for a MGA license much too low
What do they do when the first customer wins 100k?


With MGA really only 40,000 ????? That's really little...I'm really scared......

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Knochen
Elite
Random wrote on 12/09/2018 at 7:13 pm


I find already the starting capital of only 40,000 euros for a MGA license much too low
What do they do when the first customer wins 100k?


Go bankrupt. Has so already happened

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Falko
Icon

Ronny1982 wrote on 09/12/2018 at 19:23
At MGA really only 40,000 ????? That's really little...am just really scared......

Since you do not have to wonder why so some licensed Mga casinos, make such difficulties when it comes to payout. I thought they have to pay 1 million, but only 40 000 there could afford a lot of people to open their casino.

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Knochen
Elite
Falko wrote on 09/12/2018 at 19:32

Since you do not have to wonder why so some licensed Mga casinos, make such difficulties when it comes to payout. I thought they have to pay 1 million, but only 40 000 there could be a lot of people afford to open their casino.

You don't have to pay 40.000, you have to prove 40.000 capital. And honestly, the difference between 40,000 and 1,000,000 is not that big. Of course, theoretically many people can afford it, but there are more requirements for opening a casino than just proving capital. In addition, the shareholder is liable in the worst case with his private assets, so a casino is still far from a license to print money. Like any other business, it must be well managed and built up and especially in the beginning will probably flow some money in advertising and building the infrastructure. Casinos are "only" businesses and like most businesses will probably make a calculated loss in the first few months

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