Industry News
- June 15, 2010
Owners of Traditional Casinos Give up
Online gambling has not proved to be a happy affair for all the unidentified holders of the Tradition online casino, an undertaking which was started last year and was powered by Rival software. The operation is one of 23 same powered online casinos which are scheduled as possessed by Rival’s Britain based Silverstone Overseas Limited, a company which is extensively believed to be the white label operator of the software company.
This week, the associates received a notification that the owners were quitting and leaving everything for Rival, which they held responsible for financial processing collapse. Rival Casinos normally recognize US-facing action, which has perhaps worsened the whole situation.
In the missive there was a bad news for the associates saying that if their players make a deposit and if those deposits are seized by the bank, they will not be able to pay them any commission. They can not tolerate these circumstances. They just cannot stand to witness Tradition casino dying due to lack of support from most of their associate members. They cannot blame us; we anticipate a financial return for our efforts, just like we do.
The holders added that given that they are not interested in cheating or stop paying their winners, they have made a decision to discontinue their activity. After trying to find out a solution for the payment issues with Rival, the holders claim that a feasible resolution was not possible which lead to their abandonment from the industry.
The associate program will soon come to an end so that the associates can get back the statistical details, but respecting the duties to associates will be one problem which will be faced by the Rival. What the associate email didn’t mentioned was whether the players will be informed about the worsening of the situation, leading to the closure of the casino.
This is the 3rd online casino which is powered by Rival to go through these problems lately. Two casinos which are allegedly owned by First Gaming Partners, Vanguard Casino and Slot Power are now on Rival owned .co.uk domains and they are managed by Rival.





