Terrible news. At least you could had allowed current investors to keep their investment. Eventually you would had achieved your goal of decreasing the investments from "outsiders" anyway, but this way you would at least let those that helped you grow stay with you, while still getting a fee from their investment profit. I'm very disappointed.
I think it's reasonable to be disappointed, but I also think it's reasonable for them to change terms or cancel investments (even if abruptly). A bankroll investment sort of has this nice liquidity aspect, where you can pull your funds at any time -- but i think it's fair that that cuts both ways. I'd obviously feel very different if the investment was some sort of tokens or stake of the actual business but you (or at least me) don't invest in a site because it'll be profitable in the future, but because it's
currently worth the risk/reward.
When I ran my casino, I always just had a private bankroll as I had enough funds that I could do that, and I suspect as crowd funded casinos themselves make enough money "going private" is just a sort of natural end and a positive outcome (compared to something that keeps investors up at night: exit-scam risk).
I think the other natural end would be the casino keeps increasing the commissions to the point that it still makes sense for them to keep having a crowd funded bankroll (e.g. 75%+ commissions on profit). I've always wondered if that would be preferable? Or would just generate too much bad will
