Warren Cloud Death Casts Cloud Over Online Gambling Sector

Written by:
C Costigan
Published on:
Jul/13/2008

His online casinos shut down with little notice

When Gambling911.com first reported two weeks ago that online casino pioneer  Warren Cloud had prematurely passed awaymany found the news difficult to accept being that the father of one was only in his 30's when he suffered a massive heart attack while sailing off the coast of Spain.

The smart one's pulled their money out.....and with good reason.

Cloud was the biggest licensee of Real Time Gaming software. That firm warned punters to remove their money before July 31, or risk forfeiting it. No reasons for the closure have been given.

The Silver Sands brand , which includes the much publicised Silver Sands Casino, has other shareholders and is still operating,  FM Tech reported Sunday..

That site reported that Cloud was seen as reclusive and eccentric. Just two months before his death, he visited SA on business, flying into Johannesburg by helicopter and travelling with an armed escort to the upmarket Michaelangelo hotel, where he always had the same R35 000 suite.

Cloud's online casinos were regularly featured on websites "rogue" listings including that of  CasinoMeister.com.

Most of the complaints involved Cloud's unwillingness to pay out bonuses to those he deemed as "bonus abusers".

Warren Cloud used a variety of aliases, including Don Fortune , Richard Brooks and Oliver Curran.

Brian Bailey, who runs the CasinoMeister website believed in the end that Cloud was not a bad man.

"Even though we didn't see things eye to eye concerning running a casino, he had a family and a young daughter he loved very much. My condolences go out to them," Bailey stated on his message forum shortly following news of Cloud's death.

But it was clear that the online casino pioneer had rubbed many the wrong way, including Lou Fabiano of  CasinoAffiliatePrograms.

"I don't like to speak ill of the dead, but I am not sure he will be missed by many."

-----

Christopher Costigan, Gambling911.com Publisher CCostigan@CostiganMedia.com

Originally published July 13, 2008 12:53 am EST

Gambling News

Can I Bet on Draftkings Sportsbook App From Ohio

Can I Bet on Draftkings Sportsbook App From Ohio

You will not be able to bet using the Draftkings sportsbook app from Ohio as that state is yet to amend its laws applying to sports wagering. 

Is Online Sports Betting Legal in Ohio?

Is Online Sports Betting Legal in Ohio?

Sports betting has not yet been legalized in Buckeye State.  As such, those living in Ohio can access offshore sportsbooks that operate in jurisdictions where sports wagering is legal.

BingoSpirit.com Review l Complaints l Online Bingo From the US

BingoSpirit.com Review l Complaints l Online Bingo From the US

BingoSpirit.com is an online Bingo site licensed in Curacao that welcomes players from the United States and around the world.

GalaBingo.com Review l Complaints l Online Bingo From New Zealand, Netherlands

GalaBingo.com Review l Complaints l Online Bingo From New Zealand, Netherlands

GalaBingo.com is an online bingo site that also offers roulette, scratch cards, and video poker.  It is available to those in the United Kingdom, Ireland, Netherlands, New Zealand and another dozen nations.

How to Run an In-Play Sportsbook the Right Way

How to Run an In-Play Sportsbook the Right Way

In their "must read" book "The Logic of Sports Betting", Ed Miller and Matthew Davidow discuss the pitfalls of offering live in-play wagering, which now accounts for more than half of the betting activity at some offshore sportsbooks.

Syndicate