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Topic: Is something big happening behind the scenes that no one is talking about? - page 7. (Read 988 times)

hero member
Activity: 1666
Merit: 453
If the stakes have reduced the bonus to their gamblers, then we can do nothing and we have no right to play a gambler who will be angry with them as well.

For me, it was good and just deducted while at other casinos they probably suddenly removed the bonuses for their gamblers on their platform. And maybe the stakes did that instead of changing them or removing them, what they did was based on the allocation they had here as if the allocation budget for bonuses could have been reduced and we don't know why?
hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
My personal view is that it's about increasing profits. Once companies are grown enough, they will try to increase ARPU. Get user growth by giving incentives first, once platform is grown big enough, bank off the growth.
I really agree with what you said buddy.
For now there are some big casinos that do something like that, In the beginning they easily and often give incentives to the users so they actually have more loyal users but when the casinos grow big so fast that they have a lot of loyal customers they stop or reduce budget spending for incentives so that you can reap more profits.
I don't know if this kind of thing will continue to happen or not but in fact this is what is happening and maybe in the future it will give disappointment to users to make them look for other casino options out there that can provide more benefits.
sr. member
Activity: 1877
Merit: 389
I looked it up on google and didn't find anything, even searching in English and then in Portuguese I didn't find anything about curacao being investigated for money laundering, the only thing there was this:

There you go:

https://www.curacaochronicle.com/post/local/curacao-under-scrutiny-for-anti-money-laundering-and-counter-terrorism-financing/


My personal view is that it's about increasing profits. Once companies are grown enough, they will try to increase ARPU. Get user growth by giving incentives first, once platform is grown big enough, bank off the growth.

Perhaps ... it does feel like this could be the case.
hero member
Activity: 2520
Merit: 952
My personal view is that it's about increasing profits. Once companies are grown enough, they will try to increase ARPU. Get user growth by giving incentives first, once platform is grown big enough, bank off the growth.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Recently, Stake has lowered their bonuses drastically, lots of users to this date complain about it in their own forums ... last Friday BCgame said "Rakeback will no longer be available"... "We appreciate your support and understanding".... another well known group is investing less on their current site and starting a new site with a new domain, and if you google search "Curacao" then some article from 18 hours ago about Curacao being investigated for money laundering" is popping out, not that it seems to be a major thing but who knows...
I don't think it has anything to do with something big, it may have been just businesses adjusting their marketing promotions after idk, overdoing them (not really familiar with how much they've done in the past year or so) or they're planning to create a new promotion of sorts, or simply need more funds to invest/pay(recession stuff) somewhere else. I can't find the Curacao and money laundering article so i can't really judge anything about that.
Long story short - is something happening now? Is there something big that's happening behind the scenes and no one wants to talk about it other than behind closed doors?
Who knows? We aren't exactly privy to the details that big companies are having, especially if it was methods to combat their businesses going out of service due to say, a recession. We can't exactly assume it's Curacao failing AML policies since there's already a few answers here, mine included, that didn't really find any info about it.
legendary
Activity: 3416
Merit: 1225
When there's reduction and cost-cutting it has something to do with recession or business conditions, a business platform like a casino is under stiff competition they have the allocation for marketing, salary, and of course platform operation, there are good and bad seasons, Stake is an industry giant it should be the first to benefit being the casino of choice on peak season but there's a low season they may cut it now but expect to bring it back when there is a peak season.
And about the case of Curacao, there should also be other license issuers to turn to in case Curacao ceases to issue licenses.
So far the gambling industry is still good as ever and it will continue to be so, it's an industry that will not suffer much because there is a huge market.

I don't know what these are behind the scenes but if there are, they will soon come out we have people in the media that loves to dig deep and bring it out to the public because it's big news when big industry players are involved.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
another well known group is investing less on their current site and starting a new site with a new domain

I confess that I'm lost, can you tell me which site are you talking about? because without a doubt it is very useful and important information, also because it is very strange that an old casino changed its domain, as I don't know what site it is, so I don't know if it is an old site or a new one, but if it is a site old so there's definitely something serious going on with the site, changing the domain is a big decision and I don't see a reason for an old site to change the domain unless it's in big trouble

and if you google search "Curacao" then some article from 18 hours ago about Curacao being investigated for money laundering" is popping out, not that it seems to be a major thing but who knows...

I looked it up on google and didn't find anything, even searching in English and then in Portuguese I didn't find anything about curacao being investigated for money laundering, the only thing there was this:

Curacao is categorised by the US State Department as a Country/Jurisdiction of Primary Concern in respect of Money Laundering and Financial Crimes. Curaçao is a regional financial center and a trans-shipment location for drugs and gold from South America.

source: https://www.google.com/search?q=Curacao+being+investigated+for+money+laundering&sourceid=chrome&ie=UTF-8

I don't know if this has been on google for a long time or not, but it's not a good thing, it's definitely not a good thing. I don't know how other countries will see the licenses issued in Curacao as something of good reputation and respectability, probably some time from now the licenses issued by Curacao will not be accepted internationally as something serious and casinos will be forced to look for licenses issued in other countries considered serious by USA and European Union, for now everything is fine with the licenses issued by curacao, many countries still don't even have laws on cryptocurrencies, so they won't charge many things in relation to cryptocurrencies because they know that there is still a lack of laws
hero member
Activity: 2716
Merit: 698
Dimon69
Other reputable casinos is adjusting bonuses based on the season and market situation. I’m not a player on Stake but probably their bonuses is just not profitable for the business side. Blackjack.fun increased their rakeback few months ago until and adding VIP benefits. I think it’s just an adjustment on the Stake side and one or 2 casino doesn’t speak for the gambling industry.

In case Curacao License will be busted, I think crypto casino will just a find new license provider to operate again globally. They will not gonna take the fall because they are customers by license provider and not affiliated on it.

What’s exactly the bigger picture you are trying tell us?
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
but why crypto gambling sites? Aren't these growing now and replacing the failed traditional sites that take 3-4 business days to get the user paid?

Crypto sites are also subject to challenges and hard ways.  It is possible that in order to maintain the giveaway and bonus, the platform decided to cut the reward so that they can continue to give the benefits of the player but in a smaller amount.

What's going on behind all these cuts and cuts ... is it something bigger? is Binance in trouble? just preparing for rainy days? or is it simply about profits?

Is anyone else feeling like something is wrong here?

Obviously, that is their budget and profit not meeting its previous glory.  About Binance... I don't have any idea and I don't care. Grin  About profits, it is a no-brainer that every business wanted it, the larger or bigger, the better.
full member
Activity: 2128
Merit: 180
What's going on behind all these cuts and cuts ... is it something bigger? is Binance in trouble? just preparing for rainy days? or is it simply about profits?

Is anyone else feeling like something is wrong here?
There’s a threat of recession and USA is not doing good when it comes to their financial and economic policies, probably those big companies are just trying to survive and cutting their cost is one way to help they stay in operation. With regards to stake cutting the bonuses, they can’t just do this for a long time when the numbers of players are declining or the result is not on their side, crypto companies also need to balance everything. There’s a something going on that we may not know, only those developers knows what is coming.
sr. member
Activity: 1877
Merit: 389
Recently, Stake has lowered their bonuses drastically, lots of users to this date complain about it in their own forums ... last Friday BCgame said "Rakeback will no longer be available"... "We appreciate your support and understanding".... another well known group is investing less on their current site and starting a new site with a new domain, and if you google search "Curacao" then some article from 18 hours ago about Curacao being investigated for money laundering" is popping out, not that it seems to be a major thing but who knows...

Long story short - is something happening now? Is there something big that's happening behind the scenes and no one wants to talk about it other than behind closed doors?

Yes, Google, Amazon many other giants had to cut down costs, staff and more, but why crypto gambling sites? Aren't these growing now and replacing the failed traditional sites that take 3-4 business days to get the user paid?

What's going on behind all these cuts and cuts ... is it something bigger? is Binance in trouble? just preparing for rainy days? or is it simply about profits?

Is anyone else feeling like something is wrong here?
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