Silveredge casino has no gambling license.
Silveredge Casino Details
- download available
- min deposit
- min withdrawal
- Cashout Limit: $1000 per week
- Currencies: USD
Pending time: 48-72 hours
Bank Transfer: 15-20 business days
Check: 7-10 business days
Silveredge Casino was established in June, 2016 and operates out of Costa Rica. Powered by Betsoft software there is over 200 games in their arsenal to choose from. Players from the US are accepted in what otherwise is hard pressed to find for this region. The website design is clean, easy to navigate and has a polished look. A mobile casino is available with the easy to get started “Scan and Play” process.
Unfortunately, we have had to place a warning on this site because there is no license to operate. The importance of having a license might seem like a trivial matter to some, but it is a very serious issue. That means there is no protection to the player should a problem arise with no regulations or jurisdictions to rely on. Not having a license has put in jeopardy the reputation of Silveredge with little confidence in any other part of the operation of this site.
Another red flag is it is based out of Costa Rica. This region is lax in online gambling with no stable regulations. Operators do not have to meet strict requirements creating a hot bed for less than desirable gambling portals. Thus, there has been more than the average amount of rogue casinos with operations in Costa Rica.
Additionally, the max weekly withdrawal limits are unreasonably low which results in exaggerated payment installments for wins over $1000. If claiming a bonus the rules state: “Maximum Withdrawal: Maximum withdrawal quantity is established only by the sum of the deposit”. The total cash-out from a no deposit bonus cannot surpass 1 times the sum value of the bonus redeemed.
Mixed comments have been reported by players none of which have been serious in nature thus far.
On the surface, Silveredge appears to be a solid destination for gamblers to enjoy. However, looks can be deceiving because there is one major problem; there is no license to operate. Some of the terms and conditions are strict particularly for withdrawal limits and bonuses. Due to that fact, the reputation of the site has been tarnished we discourage players from simply turning the other cheek instead seek an alternative.
Down to Brass TacksSilveredge Casino is rated 516 of 1221 casinos reviewed with a score of 3.4 out of 5 after 213 votes and it has 77 Slots offered from BetSoft with an average rating of 3.6 out of 5 after 38047 votes
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