@Simmo! 154987 wrote:
Dominique mentioned offers on the table. While this whole affair is bad news, it could be worse. There’s no way that all these casinos will disappear because the brands are well-establsihed and have a great history. I’d lay money that they will either be bought out by different existing opertors, or the Microgaming Bird Of Prey, Carmen Media, will get them all at a decent price, maybe kill the non-performers if there are any (iBig? Golden Reef?) and the rest will continue under new (or existing) management.
Seen it before with Trident, and with Adriches (minus the Carmen interest)….i’m pretty sure it will happen again. Too good a brand to just liquidate.
Also good news is that it’s MGS. They have a policy of looking after creditors so players and affiliates will probably get paid. Some time anyway.
The lesson here for affiliates is to pay attention to the software providers when you choose who to promote. You take on “unknowns” or the RTG’s of this world, and unless you choose very carefully, it can bite you later. Can you ever see RTG releasing a press release like MG’s? Or even policing the reserves held by their licencees. I think not.
Spot on.
I think it’s actually for the better if the good brands get taken over by a bigger group. The retention has been poor. The worst of all MGS groups IMHO.
If someone like FL, CR or G3 grabs the brands it’s better for us affiliates.
This seemed to be as good business though. From the outside it looks like someone has run it into the ground. I feel sorry for the staff up in Brisbane. No wonder people have been ducking for a while now.