Did Your Casino Close Down?

Here, we list online casinos that recently decided to shut down the operations. We are sad to see the following brands leave us, but hope the people involved in the sites find other more interesting jobs in the industry within short.

Most recently closed new casinos online

See 21 Casinos that have closed down

1

LegolasBet was closed down on
Monday March 30, 2020
– 1729 days ago –

Was open for business
2 month(s), 20 day(s)

LegoLas bet meddelar att på grund av COVID-19 så har bolaget tvingats stänga ner. De har verkligen försökt allt under några veckor, men med nuvarande situation så har investerarna i bolaget bestämt sig för att lägga ner med omedelbar effekt. Alla utestående räkningar och balanser på konton kommer betalas ut över de kommande 2 veckorna.

2

Royal Spinz was closed down on
Tuesday March 3, 2020
– 1756 days ago –

Was open for business
1 year(s), 127 day(s)

Expected to get a royal salute? Unfortunately, Royal Spinz closed without any grand speech from the prime minister. They simply don’t take any more players and are doing like William and Kate, a discrete exit.

3

Cashpot Casino was closed down on
Tuesday March 3, 2020
– 1756 days ago –

Was open for business
3 year(s), 5 month(s), 1 day(s)

Game Tech Group NV Curacao says that they are currently working hard on improving Cashpot Casino. It might open up under a new casino brand name later in 2020.

4

Casino Disco was closed down on
Monday March 2, 2020
– 1757 days ago –

Was open for business
2 year(s), 4 month(s), 20 day(s)

Claims they are redoing the design, usability and bonus offer for Casino Disco. It might open up in the second half of 2020.

5

Osiris Casino was closed down on
Monday March 2, 2020
– 1757 days ago –

Was open for business
5 year(s), 4 month(s), 27 day(s)

Osiris Casino are currently working to improve the site, user experience and sign-up bonus. Expect to see newer brand from this group within short with a more compelling offer.

6

Parklane Casino was closed down on
Sunday March 1, 2020
– 1758 days ago –

No longer open for business

The name may sound classy, but the casino was not really in the same league as Park Lane in London. Due to a business decision Game Tech Group N.V. Casinos regret to inform you that have decided to cease acquisition activities starting March the 1st.

7

Split Aces was closed down on
Friday February 28, 2020
– 1760 days ago –

Was open for business
1 year(s), 6 month(s)

The always had tracking issues and lots of other issues that annoyed both partners and players. Spin Aces was an unplayable option from start to end. New Casinos Online are actually surprised that the brand lasted so long.

8

Casino Dames was closed down on
Tuesday February 18, 2020
– 1770 days ago –

Was open for business
1 year(s), 8 month(s), 17 day(s)

Was available in
Canada, Germany, New Zealand and United Kingdom.

9

Sweden Casino was closed down on
Thursday December 19, 2019
– 1831 days ago –

Was open for business
3 year(s), 1 month(s), 25 day(s)

Unfortunately, Sweden Casino had to shut down. You are able to withdraw money you may still have at Sweden Casino. Contact them at [email protected] if you still got any further questions.

10

Mobo Casino was closed down on
Thursday December 19, 2019
– 1831 days ago –

Was open for business
3 year(s), 1 month(s), 25 day(s)

Was part of the company group Viral Interactive Limited.

11

Casino Pop was closed down on
Thursday June 20, 2019
– 2013 days ago –

Was open for business
2 year(s), 4 month(s), 21 day(s)

Check out Chilli Casino which is in the same group as Casino Pop was.

12

Crazy Vegas Online was closed down on
Sunday February 10, 2019
– 2143 days ago –

Was open for business
1 year(s), 14 day(s)

Was available in
Finland, France, Germany, Netherlands, New Zealand and Norway.

13

Paris Win Casino was closed down on
Tuesday January 15, 2019
– 2169 days ago –

Was open for business
11 year(s), 7 month(s), 26 day(s)

Casino Paris Wins was targeting mostly grey or black markets and that was probably one of the reasons for their fall. Another one is likely too low funding, since new casinos need a lot of investments to really take off.

14

Mobby Slots was closed down on
Saturday December 1, 2018
– 2214 days ago –

Was open for business
1 year(s), 117 day(s)

Check out Twin Casino which is in the same group as Mobby Slots was.

15

Spinjuju Casino was closed down on
Friday October 5, 2018
– 2271 days ago –

Was open for business
9 month(s), 1 day(s)

Tellaf, The founder of Spin Juju Casino, explains that they had to shut down due to poor profitability. It’s expensive to give out free bonuses without enough players ready to play for real money.

16

Casino Splendido was closed down on
Monday February 5, 2018
– 2513 days ago –

Was open for business
12 year(s), 7 month(s), 28 day(s)

Maybe it was too few games available from this “Microgaming only” casino?

17

All Australian Casino was closed down on
Friday June 30, 2017
– 2733 days ago –

Was open for business
4 year(s), 20 day(s)

Was part of the company group L and L Europe Limited.

18

PKR was closed down on
Friday May 5, 2017
– 2789 days ago –

Was open for business
1125 day(s)

The poker and casino niche was getting very competitive during this period and PKR was eventually put into administration.

19

24h Bet was closed down on
Sunday April 2, 2017
– 2822 days ago –

Was open for business
2 year(s), 2 month(s), 24 day(s)

The reason for 24H Bet Casino closing down is that Unibet bought them and decided to shut down the brand. We guess everything online became 24h and it simply didn’t sound very compelling compared to “Unibet”.

20

007casino was closed down on
Monday March 6, 2017
– 2849 days ago –

Was open for business
9 month(s), 24 day(s)

Too small budget for an online casino. Just trying to free ride on a well known film star (James Bond and 007) does not give instant credibility among gamblers, rather the opposite if not done well enough.

21

AmsterdamsCasino was closed down on
Friday February 10, 2017
– 2873 days ago –

Was open for business
11 year(s), 8 month(s), 16 day(s)

Due to new legislation in Netherlands, casinos attempting to get a local license are not allowed to use Dutch flags, symbols or any names related to Netherlands or it’s capital.

Why do some new online casinos shut down?

There can be multiple reasons why new brands close down. A couple of reasons are listed below, but are not limited to:

Sites running out of money
To run a new online casino business can be costly. You need to get a team to run the support, technical department, marketing, KYC among other things. Unless a business is putting in at least €2,000,000 – it may be hard to continue operations after a few big winners. Warning signs may be that new operators use very poor and not very memorable domain names, use a standardised design that doesn’t stand out or have lots of spelling errors. Such mistakes may indicate that the site is not funded well enough to handle professional new casino business.

Huge winners without insurance
Some new online casinos don’t have insurance for huge jackpot winnings and similar. If a player win €2-3 millions and they don’t enough backup, the operations might be at risk.

Got the wrong business idea?
Some new casinos online goes into the wrong niche from start. For a few markets, that might mean offering free spins without deposit, problem finding the right competence or technical issues. Other issues might include too much reliance of a particular white label or backend that doesn’t work or problem with tracking because of incompetence or simply dodgy behaviour.

Not good enough track of the market?
Others goes into the wrong regions that happen to change regulation and licensing. This business changes quickly and anything can happen that might force new online casinos to shut down, or at least get a license before they continue operations.

Blocked payments for grey markets
Many new casinos online face issues with too few payment methods or blocking of a certain merchant account handling VISA or MasterCard payments and withdrawls. If players cannot deposit money, the casino will disappear rather quick. Hopefully, more brands will realise the need to have a wide range of payment options, including the hottest right now – Trustly, PayPal, Bitcoin, EcoPayz, EU Teller, InPay, Interac, MuchBetter, Neteller, PayForFun, PaySafeCard, Ripple, Skrill, Sofort and Ukash, Venus Point and Zimpler.

Temporary shut downs due to platform changes
It’s not uncommon even for rather new casino sites to switch between platforms that handle game play, transactions and the whole user experience. If that’s the case, the interim close down may take anything from a couple of days up to 6 months or more. Players usually keep their login details, but in some rare cases, the casino will send out new login details after the switch.

Acquired by a competitor?
Big competitors have always thought it was a good idea to acquire smaller casino brands and either integrate all their customers into their own top brand or even use the brand name if it’s good enough. So if you previous casino was shut down, acquisition by a competing might be one possibility.

Changing name due to regulatory requirements
Several new casinos that shut down are going back live again with another name. The reason might be license requirements for new or upcoming regulations in a particular jurisdiction. For instance, while Amsterdam Casino shut down after many years in operation they opened up with a new name and less symbols associated with DAM a few months later. That way, it is clear they don’t target local customers anymore.

How can I get my money back from a closed casino?

Most of the time, the casino operator will send out an email apologising for closing down and giving players a window of 1-3 months to withdraw their money. If the funds in your casino account is not taken out by then, they may be able to legally (but unethically) take the remaining funds. However, a couple of operators do have even longer time limits to allow players to take out their funds regardless if they see it quickly or learn about it several months later.