The world of gambling is filled with mysteries and secrets that players are often unaware of. Working in this industry, I have heard numerous stories, especially from top managers who are familiar with the inner workings and nuances of casino operations. One of the most intriguing and shocking topics is the practice of changing casino licenses, which allows them to evade responsibility and conceal their financial machinations.
According to information from high-ranking employees, many casinos change their licenses approximately every six months. Why does this happen? The main reason is that this scheme enables casinos to avoid paying out large winnings. When players win significant amounts, it can become a real problem for the casino. Paying out such winnings can sometimes be more expensive than simply changing the license number and starting fresh.
The casino obtains a new license from regulatory authorities, and once it is secured, the old claims against the previous licensed brand simply disappear. Players who have not received their winnings cannot file claims against the new brand, as it is no longer associated with previous operations. This effectively makes the casino "invisible" to its players—especially for those who have faced payout issues.
This all unfolds against a backdrop where most players are unaware of the risks associated with their participation in gambling. Licensing bodies and government entities, which should protect players' rights, often fail to keep up with changes in licenses or are unable to effectively oversee such practices. As a result, players are left without funds, while casinos continue to operate.