Various Playtech Casinos Pull Slow Payment Shenanigans on Progressive Jackpot Wins
15/05/2009 11:05
Type Online Alert
Theme casino
According to recent reports by a well known online casino player's advocate, various Playtech casinos are slow-paying progressive jackpots.
The terms and conditions of these casinos specify that, rather than pay full progressive jackpot wins in a lump sum, the casino can opt to pay a specified monthly amount. In the case of large jackpot wins, the total payment period can be well in excess of 20 years.
This is an unfair practice because progressive jackpots are paid out of a pool that is contributed to by each and every playtech casino, and the casino where the jackpot is won receives access to those monies all at once upon the jackpot being hit.
Below is a list of a number of casinos utilizing these predatory terms and conditions:
32Vegas
Better Casino
Cameo Casino
Carnaval Casino
Casino Del Rio
Casino Europa
Casino Tropez
EuroGrand
Golden Palace Casino
Grand Play Casino
Majestic Comet
Playgate Casino
William Hill Casino
Offending brands listed at Wheretobet.com will have their Payout Rating heavily penalized as a result of such predatory practices effective immediately until this situation is corrected.
It should be noted that there are Playtech-powered casinos that do not engage in such predatory practices including:
Bet 365
Be tfred
Tila Casino
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