Banks in Cyprus closed

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    Last post ago about 4 years by Melcb
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      • Panda kiss
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        • Flapjack
        I have recently seen that banks in Cyprus have closed until they reach a bailout solution.

        This may affect some casinos paying out withdrawals as they wont have access to their bank accounts.

        The banks are said to be closed at least until Tues 26 March as Monday is a public holiday.

        BBC news article

        Other News article
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          Mighty! Member
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        Do you know if any casinos that take US players are located in Cypress?

        Good find, Melcb.
      • Panda kiss
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        I am not sure of which casinos are located in Cyprus. But as I said above some casinos might have their bank accounts in Cyprus.

        Winbig21 is the only one that I know of at the moment having delayed withdraws.
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        I don't think there is any casinos in Cyprus that take US players although i am not absolutely positive. I do know there are quite a few bingo sites that are located in Cyprus and players could be effected there too.
      • 2d4818989f1ca7ccfaccc9b2527a6916
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        The situation is Cyprus is pretty hairy from what I can understand and there doesn't seem to be a solution in sight. The European Union might let them go bankrupt if a bailout deal isn't agreed soon.
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        What a mess.  The Greeks are understandably up in arms over this. 

        UK are sending euros to their troops over there so they have some cash in their pockets.

      • Flapjack
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        The Cyprus government has already banned online gambling last year. You could find some news about it here. So there aren't many casinos left there.

        All those casinos surely were paying some taxes and I don't understand why they had to ban the online casinos. Stupid decision in my opinion.

        Now if Russians come and save the day I wonder how EU is going to react.
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          Hero Member
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        PaySpark is located in Cyprus, if anyone still uses them.  They're an "ebank", but I don't know what the Cyprus Gov't. considers them.
      • Panda kiss
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        I see CrazyLuck are also having some trouble with paying withdraws.

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