CLOSED: cwc groups

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Last post made 7 years ago by Bitspender
kerch123
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  • kerch123
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  • You all that play at club world casinos ,might want to go to CASINO LISTINGS . staff there has posted a warning against them ,real bummer.

  • I warned days ago but maybe fell on deaf ears. I hope LCB issues an offical warning soon. I do understand for now until more is revealed players still need to be paid who run into trouble. I am happy LCB is here to help. At least some good for bad news.

  • We are aware of the news floating around and have been investigating, we just received this minutes ago from CWC (we can not confirm any of it):

    Since November 2016, the company has undergone a rapid transformation due to the following factors:-

    1. After over 2 years of intense litigation between the directors of the business the existing CEO resigned without notice throwing the business into turmoil. The CEO was found to be in breach of his fiduciary duties, branded a liar and dishonest by a High Court Judge.

    2. His plan was to inflict maximum damage on the business in the shortest time in order for the other 2 Directors to call him back into the business to sort the problems out. 

    3. Senior staff handed in their notice, the finance director walked out within a week. The accounts manager left before Xmas. The CTO actually undermined the business by sending an extremely harmful email to our software supplier. He actually said the only way this business will survive is to bring back the CEO. In the short time the CTO was there, he encouraged staff underneath him to look for other jobs because he said the company won't be around in the new year.

    4. Payment Processors held back payments to the business for weeks and in some cases months, starving the company of cash.

    5. Forums started to spread malicious gossip about what was going on in the business. 

    6. Valuable bank accounts were shut with very little notice causing many difficulties which have led to a lot of payment problems.

    All the above problems were deliberately staged to cause maximum damage to the business. 

    However, the existing Directors brought in a team of consultants to save the business from disaster in early December. Their role was not to disrupt the daily running of the business but to help maintain staff confidence. Their primary aim was to get the payment processors functioning. I am pleased to report that they are now functioning as normal. Marketing was left alone. Affiliates could have lost millions in revenue if it wasn't for the action of the consultants.

    Disappointingly, most of the senior staff have now left. Their positions have now been filled by juniors who have stepped up and are doing an excellent job.

    1. The business is now flourishing and has had excellent results over the past 3 months.

    2. Affiliates are now being paid earlier than ever in the company's history and will continue to do so.

    3. The existing staff are loyal and are more confident than ever that their future is secure.

    4. A handful of affiliates have asked about issues, some of them being payment issues due to closure of accounts. Other issues have been inherited and will be resolved.

    There are positive plans for the future which is looking very rosy and we hope to share them with our partners asap. This company will be around for many years and will continue to grow and all our partners will prosper from the changes that will be implemented. We intend to speak to all our affiliates on an individual basis in the near future.

    The Executive of CWC

  • Could the team they brought in be AffPower by any chance?

     

    Anywho thanks for the information and i hope brighter days are ahead for them. As far as me, the only thing i can do as a player and not as someone who knows the inner workings of the affilate side of things is to continue not to play at the casinos(which i stopped years back when i saw a player not be paid winnings because of a phone number) until everything is revealed and they are shown not to be going down the wrong path. 

  • Cat50 wrote:

    Could the team they brought in be AffPower by any chance?

    we heard of it but there is no explicit proof of such involvement yet. 

     

    This issue with CWC group is currently affecting only the affiliates. As far as we are aware there are no big or outsdanding player complaints.

    I also have to stress out this is still an ogoing investigation.

  • Thank you Zuga, i know LCB will do what is best. I have often said that and is the reason i am still a member here. To my understanding players are still getting paid and like i also stated, i do not know the Affilate side to all of this. 

  • My problem is with many of these casinos. They love to punish players for the slightest error. But yet internally they are just as corrupt as any player can be. Thankfully their are places like LCB where you can choose other casinos to play at and read reviews. 

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