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Jackpot-Games.com Closing

Posted 3/18/11 : March 31st will see the departure of Jackpot-Games.com
 
Visitors to the Net Entertainment-powered online casino Jackpot-Games.com were greeted with sad news this week, advising interested parties that the management was shutting up shop on March 31st.
 
The advisory gave no reasons for the closure, merely advising players:
 
"This is a notice informing you that Jackpot Games will be stopping its operations. The set date is 31st of March, at which point the website will be taken down. Therefore we strongly recommend that you request withdrawals of your remaining funds as soon as possible.
 
"Should you not be able to withdraw your funds before the 31st of March, Jackpot-Games will return them to the account you used to make your last deposit.
 
"Please note that due to the high volume of withdrawal requests being anticipated, it may take more than 48hrs for your funds to show on your account. LGA [the Malta regulator] have been informed and they will be monitoring all remaining funds post 31st March 2011, ensuring all payments have been processed.
 
"We thank you for your loyalty towards Jackpot Games and do not hesitate to contact us if you require further info."
 
The closure comes less than a year on from the operation's launch in April 2010 by owners Jackpot Gaming Limited under the management of Ramon Azzopardi.

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Gambling News :

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

SOUTH KOREANS BUSTED IN THAILAND ON ONLINE GAMBLING CHARGES - Those detained were named as Jeong Kyujin (35), Han Kyoreh (26), Choi Sung Ming (35) and Bae Jeonghwan (26), all of whom claimed that they had bene hired by a Korean man to operate online gambling sites.

China Lottery Sales Up in 2016 - The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).

New chairman and a new director for 500.com - Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.

Russian betting Sites to face rise in tax rates - Online bookies also pay a 1 percent commission on each transaction through the TSUPIS, and face levies at 5 percent of GGR to assist Russian sports federations.

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