Gambling site closed? Why? - page 2.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: hahay on August 26, 2017, 11:31:33 AM

I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see rollin.io auction off his site and they also said that his site was for sale.

What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?

Do you have an answer to this question?
Let's discuss it.

gambling site closed? why? great question and very difficult to explain from the gambler user i think this question you can get direct answer from the what is the reason of some gambling site closed, in my opinion maybe the owner bankrupt because they can't control the winning bet or people looking for another excitement games and transfer for new gambling site or location.

FeArZ

member

Activity: 263

Merit: 10

Quote from: noormcs5 on August 30, 2017, 06:58:18 AM

Yeah, mostly of the gambling sites come and spend few time and shut down. It has various reasons, especially for those gambling sites who have shut down, definitely their earning was not enough and they thought better to shut down. So i think it is not new thing, but i am happy to see most of the gambling sites still working and have good earning.

Above all else you have to said something first on the grounds that on the off chance that you specified that things and take after then you will be on the opportune place like go for surveys of sites go for trust of site and go for the planning of site then you will end up being a fruitful individual on the off chance that you are not doing that then you are squandering your cash in pointless things.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

First directbet got closed and now rollin.io whats really going on...as far as I know if any business is to bring good services to its customers there must be competition, without it we might get below par services. Maybe gambling without verification is attracting heat which these guys are trying to avoid.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: hahay on August 26, 2017, 11:31:33 AM

I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see rollin.io auction off his site and they also said that his site was for sale.

What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?

Do you have an answer to this question?
Let's discuss it.

If we do try to remember on Directbet closure they do tell us that they are pursuing another things in life and we dont really know whats the true reason behind it knowing and thinking off that there are lots of possible reasons for a certain gambling site to close.Its would be either Personal decision, Lack of community interest, bankruptcy, hacked etc. This time i didnt even know that rollin.io is auctioning their site.

LuanX3

hero member

Activity: 756

Merit: 505

I think there are so many casinos closing right now. What's up with that? Closing left and right. I read another thread that bitstarz can be possilby closed too.
Though that news isn't confirmed yet. Then now rollin is also being sold. Maybe they are all cashing out their profits and going to just retire already.

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

With more and more online casinos coming into the gambling market to compete with each other, if a casino plans to attract customers to their site to wager, I guess the admin of the site needs to spend a lot of money on marketing purpose doing signature campaign, wagering contest, and giveaways, and if the result of the marketing plan fails to achieve the profit for the site, maybe the admin would just decide to close down the site.

bhadz

hero member

Activity: 2520

Merit: 568

Payment Gateway Allows Recurring Payments

Quote from: hahay on August 26, 2017, 11:31:33 AM

I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see rollin.io auction off his site and they also said that his site was for sale.

I was shock at first too when seeing these long time trusted casino's decided to close their operation. Directbet is very popular and rollin.io too, they are like tier 1 casino's.

Quote from: hahay on August 26, 2017, 11:31:33 AM

What exactly is happening on the gambling site?

I don't have an idea on what's happening to them but it's a decision from their management.

Quote from: hahay on August 26, 2017, 11:31:33 AM

Does not the gambling site give big profitable to the developer?

It depends on their terms of contract, if they'll pay those devs after the work done or they are paid monthly or with commission it really depends on their negotiation.

Quote from: hahay on August 26, 2017, 11:31:33 AM

if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?

I guess it's all about management, they can't manage it anymore.

ufaiz50

hero member

Activity: 1666

Merit: 502

according to logic if you make a lot of profits there will certainly be risks that follow that profits. they may also be closed due to letters of permission or other things such as illegal acts.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

IMO it should be an internal problem because if they are operating and they didn't violate the law then there is no reason for them to stop their business.
Gambling industry is one of the most profitable industry so I don't think if they are making good profit they will stop the business, sometimes when there is no proper management it will end up splitting and I think that's what happened to most of the sites that closes.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: maeusi on August 26, 2017, 04:03:17 PM

When reading between the lines, focusing to other projects is not the only reason to sell rollin.io. They seem to fear high rollers with not enough financial reserve.

It looks like true. They may want to sell the site and make a one-time good profit instead of taking risks to lose their current bankroll. But it looks like the price what they asking is very high and one can easily build up their own site and with good promotion slowly they can gain the reputation instead of paying such a high price. This is just my opinion about the price they set.

hawkins

hero member

Activity: 1204

Merit: 500

many reasons that can make gambling sites closed. such as bankruptcy, better website development, even scam. Well, it all depends on the site you visit. but, most sites are also closed because there is no more interesting development on the site.

BlockEye

legendary

Activity: 1148

Merit: 1097

Bounty Mngr & Article Writer https://goo.gl/p4Agsh

Quote from: piloder on August 30, 2017, 02:06:23 PM

When BTC-e owner get caught because of money laundering charges many bitcoin related projects are shutting down without any proper reasons.
Directbet.eu, bitmixer.io are few of such projects that haven't declared clear reason for the shutdown despite of huge profit they were making everyday.

I think case of rollin.io is quite different, owner is just trying to sell his site rather than shutting it down like other sites.

Competitions between casinos became too stronger. We can't deny that those sites did perform pretty before well but there are more sites that been patronized and that's how the industries goes, their time lapse now. There should always be a innovation. New additional games or features and improvement on services. Who knows they might announced some relaunch too soon thrpugh ICO.

piloder

legendary

Activity: 966

Merit: 1006

When BTC-e owner get caught because of money laundering charges many bitcoin related projects are shutting down without any proper reasons.
Directbet.eu, bitmixer.io are few of such projects that haven't declared clear reason for the shutdown despite of huge profit they were making everyday.

I think case of rollin.io is quite different, owner is just trying to sell his site rather than shutting it down like other sites.

noormcs5

hero member

Activity: 2814

Merit: 618

Leading Crypto Sports Betting & Casino Platform

Yeah, mostly of the gambling sites come and spend few time and shut down. It has various reasons, especially for those gambling sites who have shut down, definitely their earning was not enough and they thought better to shut down. So i think it is not new thing, but i am happy to see most of the gambling sites still working and have good earning.

jhenfelipe

hero member

Activity: 1372

Merit: 647

I don't think there's something happening, I mean it is just that the owners decided to shutdown or sell their sites. They didn't depend onto each other so it's not a problem as a whole IMO. Not all gambling sites give profits, it depends on the site on how popular and trusted it is for users. I believe rollin gained profits for the past years though. There might be different reasons to shutdown and as per Rollin, they've listed several reasons why the decision end up in selling the site. Mainly because they don't want to risk their bankroll which will be used in their other projects, "I guess" that will be more profitable than rollin.io

It is hard to build reputation and popularity in the community that's why it is unexpected to see rollin.io in auction. I hope it end up with a trusted buyer too. We are aware that scammers mostly take advantage in this kind of situation.

Schuyler

hero member

Activity: 518

Merit: 500

Quote from: hahay on August 26, 2017, 11:31:33 AM

I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see rollin.io auction off his site and they also said that his site was for sale.

What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?

Do you have an answer to this question?
Let's discuss it.

When most gambling sites fail, it is usually for reasons that could have been avoided. The blame therefore ultimately lies with the people operating those sites. Many people assume and think that it must be easy to make money from running an online casino, a sports betting site, or any other type of gambling site, but that really isn’t the case. Any business that is not managed well is likely to fail in the long run, and it’s no different in the online gambling industry.

MyIdeas

sr. member

Activity: 734

Merit: 250

Quote from: Wapfika on August 27, 2017, 08:21:26 AM

Quote from: JL421 on August 27, 2017, 08:17:28 AM

It must be because of poor management in case of directbet it was surely going in huge loss so them shutting down can be a valid reason. For rollindice i am not sure why they are shutting down maybe they don't have thw sufficient income from it or the more players are winning high amounts on their site

Maube they are no longer earning on it, may be few customers only. Gbling casinos were ppenty now and some offers more gamea other than dice. And with good records on systems and supports quality. Competition also maube the reason of shutting down. Who knows they might announved an ICO soon for relaunch also.

Dude, I want you to do us all a little favor. Next time when you are typing, type with open eyes! Reading your comment was a hell of a task. However, I got you. Any business is closed when the owner is suffering from loss. It is useless to beat a dead horse. Better to give up earlier before it's too late.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: JL421 on August 27, 2017, 08:17:28 AM

It must be because of poor management in case of directbet it was surely going in huge loss so them shutting down can be a valid reason. For rollindice i am not sure why they are shutting down maybe they don't have thw sufficient income from it or the more players are winning high amounts on their site

Maube they are no longer earning on it, may be few customers only. Gbling casinos were ppenty now and some offers more gamea other than dice. And with good records on systems and supports quality. Competition also maube the reason of shutting down. Who knows they might announved an ICO soon for relaunch also.

JL421

hero member

Activity: 812

Merit: 510

It must be because of poor management in case of directbet it was surely going in huge loss so them shutting down can be a valid reason. For rollindice i am not sure why they are shutting down maybe they don't have thw sufficient income from it or the more players are winning high amounts on their site

xuan87

legendary

Activity: 1666

Merit: 1001

Yeah it is a shocking news as I know Rollin is one of the oldest dice sites which got a good reputation, but I think it closed because the competition between dice sites, there are so many dice sites keep on appearing and that makes gambler play in different dice sites and because there are no maximum bet amount, it makes the dice sites need to have a big bankroll

Topic: Gambling site closed? Why? - page 2. (Read 827 times)