Jackpot-Games.com, an online casino licensed in Malta, has closed down after just one year in the online gambling business. Regular players to the site who enjoyed services such as online poker and other online casino games received no warning prior to logging into their casino account and were advised to withdraw their accounts with the betting service by March 31st.
Website officials suggest players should contact casino management regarding any issues concerning funds before the website is shut down entirely, failing which any funds remaining in casino accounts will be returned to the account used by a player to make the initial deposit. Management for the online casino caution it could take more than two days to return funds to a player’s account due to the high incidence of withdrawal requests. There have been other cases reported where former online gambling sites did not refund money and simply absconded with players’ funds. Fortunately, licensing standards in Malta ensure regulations are in place to process all funds remaining in Jackpot-Games casino accounts until the March 31st deadline.
Website officials do not offer any reason for withdrawing its site and perhaps the simplest explanation is the company’s failure to compete in the highly competitive online gambling industry. This site joins others such as Paddy Power, Boss Media and The Casino Club Group which withdrew their services from Canada last year.