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Online-Casinos.com News Online Casinos Homepage The Best Gambling News and Analysis from Around the World NetEnt CEO Fired for Under-Performance by Jacob McKenzie, 28 March 2018.
- The other day I found an article from Todays Post about the CEO of the online casino LeoVegas being fired. It was due to some kind of loophole in their Terms & Conditions which enabled Indian players to register a new account and get free credits. The Swedish online casino had apparently lost 46 million Rupees due to the loophole.
- Third Yogscast member under investigation after CEO departs over accusations of inappropriate behaviour Posted on July 17, 2019 (May 27, 2020) by Dom Sacco Popular YouTube and Twitch channel The Yogscast is embroiled in a harassment scandal involving one of its content creators and its CEO, with a third member under investigation.
If you live in India and want to earn some extra money easily, then this may be the most exciting article you’ll ever read.
Trusted online casino operator RoyalPanda Inc. (NASDAQ: CSNRM) has made a costly mistake after launching their online casino in India that caused the company to lose millions of Rupees to its players.
This glitch has already lost them close to ₹80,000,000 Rupees in free spins and cash prizes and the loss is going to continue to increase until 11 December 2020 when their new customer agreement takes effect.
What Exactly Happened?
Azam Sabha, an experienced casino player from Hyderabad who was one of the first players to discover the loophole explains, RoyalPandanew promotional campaign for new customers in India was supposed to give ₹1,000 of additional free credits to all new customers that deposited at least ₹800 Rupee to their account. Unfortunately for them, they had a wording error in the agreement so each new customer who complete their first deposit can get ₹10,000 Bonus.
As a result, people are using the free credit and hitting jackpots that are costing RoyalPanda heavily. What is making matters even worse for the company is that there is no way for them to fix it due to the strict gambling laws which require casino companies to notify at least 7 days in advance before changing their terms and conditions. So getting these bonuses for free is completely legal.”
Thousands of Winners
One company’s mistake can be incredibly profitable for everyone else. One lucky man, 26-year-old Atanu Dinesh from Chennai, registered with RoyalPanda and claimed ₹10,000 for free spins after depositing his first ₹1600 and won the progressive jackpot of ₹2,730,000.
“I used to dread waking up each morning and going to a job that I hate, all to just be able to cover my rent and bills, now I have so much freedom.”
New CEO
RoyalPanda CEO, Peter Newsted was fired immediately after the incident and the new manager Hayden Connor has a lot of fixing to do. Connor responded to our enquiry via email:
“This has been a very unfortunate and costly mistake for the company but we have to learn from it and move on. The Indian market is very important to us and we are here to stay even after this costly error for the company.”
Here is how Players from India are claiming their free money:
1. They sign up on the RoyalPanda
Geolocation services are required to make bets, and are contained in the app. Parx casino new slot machines.
2. Deposit at least 10 Euro (800 Rupees)
Uk Online Casino Ceo Fired Today
3. They will get 150 Euro (₹10,000) Bonus. for free spins without a risk of losing and completely legally
UPDATE
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***We want our players to engage in responsible gaming. We recommend all our players to be responsible for the game means knowing whether to play, when, how and the money or the time to spend on your computer or mobile.