Betsson to Close Casino Winner Brand

 

Betsson

Managed the company via it's Corona Ltd subsidiary, which is the sole owner of all of Casino Winner and Loyal Casino business. Both sites - that were earlier named Kroon Casino and Oranje Casino properties - are managed by Betsson's MGA-licensed subsidiary Corona Ltd. 카지노사이트

Betsson acquired both properties in 2014 "based on the outcome of the anticipated re-regulation in Holland," from three entrepreneurs for EUR130m (PS114.4m/EUR138.1m).

Betsson one of the top online gambling firms has announced its decision to shut down its Casino Winner label. This announcement is a shock to many within the industry, as the brand has been doing quite well over the last few years.

Casino Winner

 was established at the end of 2009, and has been providing a variety of casino games, such as tables games, slots as well as live dealer game. Casino Winner is regulated and licensed through Malta Gaming Authority. Malta Gaming Authority and has gained a solid reputation among its players due to the high-end gaming experience and prompt customer service.

But, it will take another seven years before the regulations came into force.

"In 2019, Kroon Casino underwent a rebranding process to comply with the Dutch regulations on online gambling at the time and became known as Casino Winner," said a Betsson spokesperson responding to a request for comment from iGB.

The owner continued to say that the shut-down of the facility was to ensure that the site was in compliance with license requirements of Dutch market. Dutch market.

"Casino Winner has since ceased the services it offered to Dutch customers from September 2021. In the meantime, Casino Winner served multiple regions, Betsson Group has decided to cease operations to satisfy the technical requirements needed to enter the Dutch market. This is contingent on Betsson Group obtaining a license from the Dutch authorities." 주소모음

Kroon is changing its brand name to Casino Winner

Kroon changed its name less than a month after Betsson was sanctioned by Dutch regulator de Kansspelautoriteit for "targeting" players on the Dutch market prior to when it opened. One of the reasons given for this fine was that the regulator emphasized the Kroon branding – which is the Dutch word for crown - implied that it was targeted at Dutch players.

The KSA has issued a penalty to the operator for offering games of luck to players within the Netherlands without the benefit of a licence for local players. The fine was issued in the context of Dutch legislature swiftly moving ahead by establishing an official local market.

"Betsson shares KSA's ambition to achieve a high channelisation of customers into any future locally regulated environment in the Netherlands and supports the Dutch government's ambition in moving forward with the legislative process," Betsson CEO Pontus Lindwall told the time the fine was revealed.

Betsson who bought Casino Winner in 2014, hasn't provided any reasons specific to the closing. However, experts in the industry suggest that the closure could have to do with the increased competition in the gambling market and the necessity to concentrate on the company's principal brands.

The closing of Casino Winner is expected to be a negative for employees as well as players. Customers who have accounts with the company are advised to cash out their funds prior to the official closing date that hasn't been officially announced as of yet. Betsson assures its customers that they'll be able to play in its other brands including Betsafe, NordicBet, and CasinoEuro offering similar games.

In terms of the employees Betsson is stating that they will seek other positions within the company to accommodate employees who will be affected by the closing. Betsson has also stated that it will offer assistance and support for affected employees throughout the transitional period.

Betsson's decision of closing Casino Winner is not an isolated event within the gambling industry online. Recently, several other gambling firms have shut down their casinos because of various reasons for instance, declining revenues or changes in regulations.

Despite the demise of Casino Winner, Betsson remains one of the top gambling sites online around the globe, with a significant presence in Europe as well as other markets. Betsson operates a variety of popular brands which include Betsson, Betsafe, NordicBet and CasinoEuro and continues to invent and broaden its offerings to meet the ever-changing demands of the players.

Betsson who bought Casino Winner in 2014, hasn't provided any reasons specific to the closing. However, experts in the industry suggest that the closure could have to do with the increased competition in the gambling market and the necessity to concentrate on the company's principal brands.

Closing of Casino Winner 

The closing of Casino Winner is expected to be a negative for employees as well as players. Customers who have accounts with the company are advised to cash out their funds prior to the official closing date that hasn't been officially announced as of yet. Betsson assures its customers that they'll be able to play in its other brands including Betsafe, NordicBet, and CasinoEuro offering similar games.

In terms of the employees Betsson is stating that they will seek other positions within the company to accommodate employees who will be affected by the closing. Betsson has also stated that it will offer assistance and support for affected employees throughout the transitional period.

Betsson's decision of closing Casino Winner is not an isolated event within the gambling industry online. Recently, several other gambling firms have shut down their casinos because of various reasons for instance, declining revenues or changes in regulations.

Despite the demise of Casino Winner, Betsson remains one of the top gambling sites online around the globe, with a significant presence in Europe as well as other markets. Betsson operates a variety of popular brands which include Betsson, Betsafe, NordicBet and CasinoEuro and continues to invent and broaden its offerings to meet the ever-changing demands of the players.

In the event that the Dutch market finally opened, Betsson blocked Dutch customers from all its websites in the midst of waiting for the approval of a local license.

But, more than one year after the introduction of the country's controlled gambling market at the 1st of October, 2021 Betsson still hasn't get a local license from the regulator, who has granted approval to fewer then 20 casinos.

Conclusion

Overall, although the demise casino winner Casino Winner is unfortunate news for the employees and players however, it's a wise decision by Betsson in that it is focusing on its primary brands and continues to expand and prosper in the aggressive online gambling industry.

The end of the Casino Winner's business could be followed by another step closer to entering the market. 토토보증업체