Online Casino Shuts Down Amid Allegations

Submitted by Guest on

Written by :

Guest

Published on :

Finnish online casino operator Aspiritus Gaming shut down its website Aspiritus.com amid allegations that Internet casino and poker management company Inside Gaming has discontinued providing it with gambling services.

According to reports, Inside Gaming had been managing the Aspiritus Gaming website through its white label arrangement and under a license from Playtech Software.

Aspiritus released the following statement:

"Every effort has been made to find another provider or partner that would enable us to implement new products as soon as possible," read a statement issued by the Helsinki-based firm.

"However, our search has been futile to date due to time constraints on delivering new products, the cost of obtaining new licenses or a mixture of both.

"Over the last week, Aspiritus management has been reviewing the business and it is with great regret that we will have to close the Aspiritus business with immediate effect as the impact on the Aspiritus business of the recent contractual dispute and ultimate termination of the contract with our gaming operator has been devastating. The dispute has put Aspiritus under further financial strain and, after reviewing the cash flow of the business, the Aspiritus management team has been left with no alternative."

The online casino believes it can reopen by month's end using another software platform and licensing arrangement.

-----

Gambling911.com News Wire

Related Content

Connecticut Crackdown on Prediction Markets Continues

Connecticut Crackdown on Prediction Markets Continues

Media companies and gaming service providers also issued subpoenas.
Graton Resort & Casino Hosts World Premier of Aristocrat Gaming's Buffalo Super Rush

Santa Rosa, California's Graton Resort & Casino Hosts World Premier of Buffalo Super Rush

Guests at the Sonoma County resort could be heard yelling “Buffalooo!” across the casino floor as the all-new game made its debut. Graton celebrated the premiere with a free pull event for guests, with the chance to win $110,000 in cash prizes.
Real App Names FanDuel Its First Official and Exclusive Sportsbook and Prediction Market Partner

Real App Names FanDuel Its First Official and Exclusive Sportsbook and Prediction Market Partner

Partnership integrates FanDuel odds and contextual markets into Real’s live experience and creates a new way for FanDuel to connect with the next generation of sports fans.
VGW Responds to New York AG Settlement: Will Continue to Operate Using Its Gold Coins Play

VGW Responds to New York AG Settlement: Will Continue to Operate Using Its Gold Coins Play

"VGW appreciates the NYAG’s recognition of VGW’s cooperation throughout its investigation and looks forward to continuing to operate its online social games in the State of New York solely through Gold Coins play."