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TOPIC: Playtech casinos with withdrawal limits

Playtech casinos with withdrawal limits 4 months 2 weeks ago #8148

  • P.I.M.P.
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I've just read at Casinomeister site that 40 of Playtech licensees put arbitrary withdrawal limits on their progressive wins.

"At press time (29 January 2023) Spam-a-lot slots is listed at $2,062,439. If you were to win this progressive jackpot at europacasino.com (or any of the 40 Playtech casinos listed here), it would take 20 years to pay out at $9K a month."

And I've heard that Playtech did absolutely nothing about that!!! Imagine winning a progressive jackpot and not being able to withdraw it... :angry:

The casinos with such stupid restrictions include:

7Regal Casino
21Nova
50Stars Casino
African Palace Casino
Bwin
Carnival Casino
Casino Bellini
Casino Del Rio
Casino Las Vegas
Casino King
Casino Tropez
City Club Casino
City Tower Casino
Club Dice Casino
Crown Europe Casino
Euro Grand Casino
Euro Max Play
Europa Casino
Giant Vegas
Grand Reef Casino
Indio Casino
Jackpot247
Joyland Casino
La Isla Online Casino
Magic Box Casino
Majestic Comet Casino
Noble Casino
Palace VIP Casino
Party Casino
Planet Kings
Prestige Casino
Prime Casino
Royal Dice
Sierra Star Casino
Sky Kings Casino
Super Casino
Swiss Casino
Titan Casino
Vegas Red
Vernons Casino
Winner Casino
Let's play all slots!
Last Edit: 4 months 2 weeks ago by P.I.M.P..
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Playtech casinos with withdrawal limits 4 months 2 weeks ago #8150

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I can't undrestand why they do such things! A progressive win does not affect the casino's funds, since progressive games' jackpots are pooled via each operator who is a member of their networked progressive games. So it's not only the casino's money and they won't go bankrupt for allowing players to withdraw it!
The jackpot amount has been pooled from other casinos linked to that progressive jackpot, so players should have the possibility to withdraw it! I can't believe Playtech allows for that! :blink:
'Cause nothin' lasts forever
And we both know hearts can change
And it's hard to hold a candle
In the cold November rain
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Playtech casinos with withdrawal limits 4 months 2 weeks ago #8156

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I didn't know about that :ohmy: I play at Winner very often and I didn't know that they wouldn't allow me to withdraw my winnings if I won the progressive jackpot :ohmy: I think I'll start looking for a better place to play Playtech games!
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Playtech casinos with withdrawal limits 4 months 2 weeks ago #8163

  • WhySoSerious?
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When I read this post I couldn't believe my favourite casino would do such things, so I read Winner's Terms and Conditions and found the following:

8.4.4 You are aware of and agree for the following withdrawal policy:
While there is NO LIMIT to the amount a Player can cash out from the Casino, there is a maximum amount that can be withdrawn at one time, in any 30 days period based on the following category:
(i) For United Kingdom residents:
-Upon receipt of a withdrawal request a maximum of £10,000 will be processed after 4 business days.
-A maximum of £40,000 will be processed 10 business days after the initial 4 business days.
-Withdrawals will be processed up to a maximum of £50,000 in any 30 days period.
(i) For non UK residents:
At present, the maximum amount (the "Maximum") is set at 9000 GBP, USD, EUR, CAD, AUD or 50,000 DKK, SEK, NOK, ZAR, in any 30 days period.
If the amount to be withdrawn is greater than what is permitted, the amount in excess of the maximum will be returned to the player's account, allowing the player to withdraw additional funds when it is next permitted in accordance with this term.
The foregoing applies also to Withdrawals of progressive jackpots. Withdrawals depend on all conditions specified above and the verification of all required documents as set forth in clause 9.4 below.


and now I'm so angry that I'm thinking of closing my account there... :angry:
Last Edit: 4 months 2 weeks ago by WhySoSerious?.
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Playtech casinos with withdrawal limits 4 months 2 weeks ago #8173

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I've heard that there was a situation in 2009 where a player had won over $4.4 million playing at Joyland Casino. The casino had a withdrawal limit of $9,000 per month and they applied this to the lucky winner's progressive jackpot winnings. In other words, withdrawing $4.4 million would have taken about 39 years! But the worst thing is that they offered that player a deal - the player would be able to withdraw a bigger amount, but only if he/she agreed to receive only half of the jackpot winning. I've heard that the player didn't know any better and accepted the deal and the casino kept the rest of the jackpot amount! It's outrageous, isn't it?
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Playtech casinos with withdrawal limits 4 months 1 week ago #8180

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If I were in that player's shoes, I would call their licensing authority and report the case - they should force the casino to pay out the whole amount!

And I have a piece of advice for all of you: if an online casino does everything not to allow you to withdraw your winnings, you shouldn't play there!
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Playtech casinos with withdrawal limits 4 months 1 week ago #8187

  • rude.boy
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this list contains a few of my favourite casinos! :blink: How was it possible, that I didn't know about it? I think I have to start reading casinos' terms and conditions more carefully :S
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Playtech casinos with withdrawal limits 4 months 1 week ago #8197

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If I won a progressive jackpot and the casino wouldn't allow me to withdraw it at once, I would go to the police! When you win at an online casino it's your money - they can't take it! I can't understand why Playtech didn't react to that...
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Playtech casinos with withdrawal limits 4 months 6 days ago #8203

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They must have known! This means that Playtech doesn't really care about players... They shound force those casinos to change their terms and conditions and allow players to withdraw the whole amount of jackpot win!
I'm casino crazy!
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Playtech casinos with withdrawal limits 4 months 1 day ago #8230

  • jupiter
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I don't know what all the fuss is about. Have you ever won a progressive jackpot? No? Any other jackpot? Still no? So what are you complaining about? Most probably you will never win that jackpot, so this is not your problem... I like many of these casinos and I'm not going to give up playing there, just because they have withdrawal limits.
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