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Casino Is this Normal? Bankruptcy?

Discussion in 'Casino Forum' started by Casino2014man, Oct 5, 2015.

  1. I was just reading through some terms at a casino, and came across:

    If a player is known to have gone bankrupt in the country of his residence, the Company reserves the right to terminate the user account and suspend all payouts to the player.

    This does not affect me as I am not bankrupt.. But is this normal or even allowed..? What difference would this make to a casino...

    Source.
     
    siktirnaxuy likes this.
  2. AskBoab

    AskBoab Member

    Joined:
    Apr 11, 2018
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    Occupation:
    Betting Expert, pro-Gambler & pro-Astrologer
    Location:
    London, UK
    This sounds CRAZY but nothing surprises me with some of these reptile casino proprietors ... it always pays to have a good lawyer in case of emergencies I say!!!
     
  3. CashJoy

    CashJoy New Member

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    Location:
    London
    It sounds normal for me because if you are in bankrupt its mean that you owe money to somebody, but you cant give them, so it's not fear to gamble and have bankroll in any casino or sportsbook while you are owing money
     
  4. CashJoy

    CashJoy New Member

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    Location:
    London
    ;)
     
    Last edited: May 14, 2018
  5. ScatterBoy

    ScatterBoy Member

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    Location:
    Glasgow
    It sounds strange to me but maybe there is some sense
     
  6. bimboni

    bimboni New Member

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    Location:
    Canada
    but our law does not say about it !!o_Oo_Oo_O
    Who else has come across this ?
    let's create about it a separate topic, and there will collect who came across such machinations . Then we will write a petition to review the legislation. Together we - Force !!!
     
    Last edited: May 31, 2018
  7. siktirnaxuy

    siktirnaxuy New Member

    Joined:
    May 15, 2018
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    Location:
    Greenland
    As far as I know, every country has got this kind of law preventing you to buy some services if you are legally recognized as bankrupt. It's not only gambling, the banks, other governmental bodies will withdraw any ties you may have with them.
    This basically, puts casino in a safe position. Nothing to worry about. If the casino is not located in your country, it would be merely impossible for them to find out an info about your bankruptcy anyway ;)
     
    bimboni likes this.
  8. gizmotron

    gizmotron Well-Known Member Founding Member

    Joined:
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    Occupation:
    Retired
    Location:
    The West Coast of USA, RV'ing
    That's the real issue. From the day that you declare to the day that the bankruptcy is resolved the case you are in is in a state of Bankruptcy Resolution. All liquidations and asset forfeitures as well as any hidden assets must be satisfied by the court. Then, after that investigation, the case is resolved. Until then any gambling activity might drag the casino into litigation. They don't want that unneeded expense and loss of time, manpower, and cost. So you are out of luck until you get your resolution papers from the court. Those issues are all public records too.
     
    Last edited by a moderator: May 31, 2018
  9. bimboni

    bimboni New Member

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    Thank you for the information:)
     
  10. bimboni

    bimboni New Member

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    Canada
    before my 6 post I wrote another message, where he wrote that I also went bankrupt, and I wanted to declare bankrupt, but the moderator for some reason did not approve it. Take this.
    I read this topic and could not resist not write here . No, man, this is crazy ! I had previously gone bankrupt, and I wanted not to pay! It was this CY I was playing on, but they cheated a lot of players and didn't want to pay out. Now this site is completely redesigned, made a new design and so on. Don't play on http://www.online-casino-freeguide.com/ this site !!!! But thank God the court and a good lawyer helped me. But this is quite real.
     
    Last edited: May 31, 2018
  11. votingmarrow

    votingmarrow New Member

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    Location:
    Glasgow
    When you get bankruptcy so you owe money for somebody,
    Is this the reasons to hold your money by casino?
    If i understand right - it's outrageously!
     

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