The owners of the Millionaire casino have made the final decision to close down their online casino to everybody starting on August 1st. They are advising their players to either play out their balance or withdraw funds. Some players have already discussed moving to the casinos that cater to higher stake casino players such as Casinotitan.com or Bodog Casino.
A loss of this magnitude is damaging to the casino industry but luckily there are still operators (with trust) that have no plans of closing down. On August 1st the casino will show a “404″ error page. The owners of the group have said they WILL NOT sell existing players or transfer players to other casinos in exchange for cash from other casino operators. Strangely they are simply walking away…with a pocket full of money and their head held high as prominent casino operators.
There have been countless of poker sites, sportsbooks, and casinos to shut down ever since what many are calling “Black Friday” in which the government seized many domains, frozen funds, and indicted individuals.
According to our sources the owners of Millionaire Casino are quitting the business simply because they are afraid of going to jail via indictments. After the UIGEA in 2006 there was always a status quo that yes, it was illegal for casino operators but that the US government wouldn’t really go after the gambling companies. It has shown that the US DOJ is in fact cracking down, and hitting it hard in recent months. For the most part, players have remained unaffected. At some poker sites players have had funds seized but for the most part these companies are working with the United States to refund players their money.
If you are looking for a reputable US online casino to take place of Millionaire Casino down, then we suggest Bodog Casino. I have personally met many individuals that work for this company and whole hardheartedly feel they would not rip off American casino players.
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