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CAESARS BINGO EATS ERROR ON PROMO
Monday August 15,2011 : US company's UK online enterprise does the right thing.
American gambling giant Caesars Entertainment did the right thing this week after Brit punters took advantage of a promotional error on its UK-facing online bingo website CaesarsBingo.com.
The manner in which the Gamesys-operated site handled an embarrassing and possibly expensive promotional construction error is in stark contrast to a similar case recently in which Betfair punished the players with confiscation of winnings.
The Guardian newspaper reported that the overly generous Caesars promo offered players a 200 percent bonus on deposits maxed at GBP400 and allowed the customers to wager the bonus money while keeping their initial deposit safe.
"The error on [the] Caesars bingo website, CaesarsBingo.com, left one family more than GBP3,000 better off before the casino discovered its mistake and corrected the glitch," the Guardian reported, noting that such promos are not unusual in online gambling, but that most are carefully constructed so that punters are likely to break even or lose money.
To ensure they do not lose out from such promotions, gambling companies do not usually allow customers to make a withdrawal until they have spent their entire bonus, meaning that customers cannot usually take out more money than they have wagered.
Players reportedly flocked to the site to take advantage of the offer.
One player said he had collected a total of GBP460 after staking just GBP200. "We stumbled across it by chance," an anonymous punter told the newspaper. "We told all of our friends and family about it. In total, our family has made more than GBP3,000 from this glitch and one friend paid for his wedding with his winnings."
Caesars changed the terms and conditions of the game on Thursday.
A spokesman for Caesars Interactive said: "If [gamblers] are taking advantage of something that is our error they will get to keep the advantage."
However, he cautioned that if there was any suggestion of fraudulent play, this would become an issue, and revealed that several player accounts suspected of questionable activity were being investigated.
CaesarsBingo.com launched in the UK last year, and is operated by Gamesys, a respected British online gambling group which takes bets worth more than GBP billion a year.
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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.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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