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In a recent report, Chinese authorities have revealed a major bust to combat fraudulent online gambling in Cambodia. The investigation which first began about a year ago, came to its conclusion with 218 suspects being detained for scamming more than 1,000 customers out of a total of RMB140 million, or US$21.5 million. Extortion Scams with Online Casinos According to the information released by the authorities, the scammers would run online casino scams out of hotel rooms while the servers were being hosted in Poipet. They would then use the name of reputable brands in the gambling city of Macau to attract customers by text message presenting a combination of live dealer and digital casino games for real money. Some of the used names include the Venetian Macao, Galaxy and Grand Lisboa. At first, new customers would win a bit and they could easily withdraw the funds, while also receiving incentives to deposit more and thus continue playing. After a big deposit, the rigged games would make sure that the player losses right away and the site stopped all communications with the client. The mix of a known trademark and the green light on the first small withdrawal made the casinos appear reliable and more than one thousand players fell into their trap. The investigation which started in March 2015 focused on dozens of citizens from China and several Cambodians who the authorities were looking for, while the major bust covered 18 provinces across Mainland China. Avoiding Fraudulent Websites It is very important for customers nowadays to pay attention to the websites at which they make real money deposits and play gambling games. Every online casino must have a verified license and a good reputation before a player should consider joining. These elements can be easily verified on professional sites and can help users save a lot of money and heartache.
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Another casino site has managed to attain Online Casino Reports’ (OCR) Seal of Approval. And the announcement is also notable for the fact that Coin Palace Casino is the first Bitcoin site to make the grade required for gaining approval. Bitcoin casinos have been rising gradually for some time now, and this is another major step towards the mainstream. How Coin Palace Casino Qualified Gaining the OCR Seal of Approval is a difficult feat, as casino sites are required to prove their qualities over many months. Initially, Coin Palace Casino had to have an OCR review of four stars or higher. Meanwhile, Coin Palace also had to be online for 12 months or more, and be present on OCR for at least eight months. OCR adopts a try-monthly process to ensure that eligible casinos are tested regularly to guarantee their quality. Among the areas evaluated are the sign-up process, general speed, mobile availability, gaming software, and other factors. This process is to make sure that casinos that receive the OCR Seal of Approval will continue to commit to quality. OCR is also fully committed to ensuring that players are treated well, which is why casinos with the Seal of Approval are not allowed to have unresolved complaints on our site or any other portal. If there are complaints, a casino must then commit to resolving matters within a quick and clear timeframe. Coin Palace Qualities The headline news is that Coin Palace is a Bitcoin casino, which means players have a highly secure payment system. After setting up a Bitcoin wallet, players can rapidly transfer deposits and withdrawals without submitting sensitive payment information. Coin Palace is much more than just Bitcoin payments, as the site is powered by high-end software from developers such as Microgaming, SoftSwiss, BetSoft, NetEnt, Amatic Industries, and Ezugi. This group combines to give Coin Palace a diverse selection of games. There are tables games, progressive jackpots, and video slots to enjoy across desktop or mobile devices. The slots are especially enticing thanks to the presence of titles like Blast Boom Bang, Satoshi’s Secret, The Ghouls, Mega Glam Life, and The Slotfather.
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