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Class 1 Casino closes down, claiming it has been cut off by Playtech

Thursday, October 27, 2011 : NO SOFTWARE = NO ONLINE CASINO
Class 1 Casino closes down, claiming it has been cut off by Playtech
Class 1 Casino, an online operation formerly known as Maxima Casino, has been the subject of player and affiliate reports that it has been offline since October 11.
This week the mysterious shutdown was explained in an email from the management, advising that it had been obliged to "temporarily" stop accepting deposits as a result of "unilateral action of Playtech without any prior notice and at the same time grave breach of the contract from the side of Playtech."
The email advised that the software company had "decided to shut down gaming servers and prevent all gaming activities in Class 1 Casino," leaving it with no option but to stop operating.
"Class 1 Casino management has put a great amount of effort in resolving the matter, but unfortunately with no success," the statement claims. "This has taken longer than primarily expected, therefore we are informing you about this unenviable situation only now."
The statement ends on a rather aggressive note, advising that Class I Casino is taking "legal actions in order to restore the gaming activities back to normal."
Management at the casino claim it has settled its obligations towards affiliates and players, but beyond the threat of legal action against Playtech it does not elaborate on its future plans.
Speculation among industry observers is that the closure is probably related to the Italian market, which was one of Class 1 Casio's prime sources of business.
New legislation in Italy opened up casino gaming and this may have persuaded Playtech to shut down any of its licensees operating in that market without an AAMS licence. William Hill and Titan Casinos are understood to be the only Playtech-powered licensees with AAMS approval.
When We went to press a response from Playtech on this issue was still awaited.

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Gambling News :

Wanajump Launches - #Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.

Coral Launches player proposition betting product - Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.

Oshi online casino now accepts fiat currencies - The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.

New Standards for UK Online Gambling - Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.

Pennsylvania Gambling Bill 1887 returned with additions - The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

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