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Topic: Why reputable gambling sites closedown after some years of success. - page 2. (Read 215 times)

legendary
Activity: 2324
Merit: 1603
hmph..
Any company can go bankrupt, generally because of competition problems. they lose innovation with competitors, there are also lost in terms of marketing. Likewise for gambling websites, those who cannot survive for various reasons and one of them could be an operational ban by the country where the gambling website operates. Websites need traffic, when traffic decreases it means gamblers also decrease, while operational costs for employees and servers continue to run without any decline. This then caused the company's have internal financial problems and became another reason why the famous gambling websites went bankrupt or closed.
legendary
Activity: 1736
Merit: 1007
Degen in the Space
What are you worrying about? They are closing down for goods, not exit scam so I do not think anyone should be worrying about it. You should be worrying more about scam sites that still operating for years but I think you are not worrying about it as long as you can earn some money from the scam site. Am I right?
Agree to it; it's an indication that the platform's developers or owners are already rich and don't need to spend any more time developing and updating the platform. There are a variety of factors to examine, such as whether they've changed careers or discovered something more exciting than operating a gambling platform. As long as they don't scam people, I think it's fine; it's their decision, and we all know that we don't always have to work our entire lives; sometimes it's preferable to be content with what we have and live a peaceful life.
legendary
Activity: 2310
Merit: 2073
There can be many reasons for closing a well-known gambling site. It is quite possible that the owner of the gambling site has decided to change the scope of their business or buy a new house. Besides, as Vaskiy wrote above, most of the sites that are closing down fulfill their obligations to the users before the closure.
hero member
Activity: 1022
Merit: 517
What are you worrying about? They are closing down for goods, not exit scam so I do not think anyone should be worrying about it. You should be worrying more about scam sites that still operating for years but I think you are not worrying about it as long as you can earn some money from the scam site. Am I right?
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Nothing to worry on the closure of reputed gambling sites, because with time more and more number of new gambling sites with legitimate functioning is getting launched. No reputed sites give reason on the closing of gambling sites. At an unexpected time period suddenly closing notice is released. Till date most of the gambling sites on closing has settled all the funds withdrawal, very few have cheated it's users.
legendary
Activity: 3248
Merit: 1179
It's more questionable why 1xbit aka scam casino doesn't closing down until now? Tongue

It's questionable how they are staying alive through the years?! But they do, crazy world crazy people I would say!

I wouldn't worry about it much. One closes another 5 pop up. And there is a bunch of competition otherwise. I think this is more of a reaction to the ecosystem than something that can really be changed, seems like online casinos of the crypto kind are disposable.

I agree with you, crypto casinos are disposable. We have just a few of them who last for years, on the other side I know many who closed their doors for some reason. I think there isn't some general explanation for that except this is crypto, everything around is in the development stage, and simply many projects don't survive that.
legendary
Activity: 2954
Merit: 1159
Leading Crypto Sports Betting & Casino Platform
recently am being worried about online cryptocurrency gambling platforms with the recent event in which we witness a good number of gambling sites closing down operations after some years of outstanding records.

First, it was yolodice, and now BetBTC and many others. What seems to be the problem is that gambling software and licenses come with an expiration date, or is the gambling environment not friendly enough to accommodate and sustain continued operations.

what is your view on this?

Some sites may have personal problems or they are not getting the required revenue but majority of the old casino sites which are good and trusted aren't closing. I think no business would close if its profitable and in worst scenario the owner may sale his business (gambling site / business in this case) if he is unable to manage it.
legendary
Activity: 1708
Merit: 1187
DGbet.fun - Crypto Sportsbook
It's more questionable why 1xbit aka scam casino doesn't closing down until now? Tongue
full member
Activity: 616
Merit: 161
I wouldn't worry about it much. One closes another 5 pop up. And there is a bunch of competition otherwise. I think this is more of a reaction to the ecosystem than something that can really be changed, seems like online casinos of the crypto kind are disposable.
member
Activity: 336
Merit: 16
recently am being worried about online cryptocurrency gambling platforms with the recent event in which we witness a good number of gambling sites closing down operations after some years of outstanding records.

First, it was yolodice, and now BetBTC and many others. What seems to be the problem is that gambling software and licenses come with an expiration date, or is the gambling environment not friendly enough to accommodate and sustain continued operations.

what is your view on this?
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