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Online Casino Shuts Down Amid Allegations

Written by:

Guest

Published on:

Aug/05/2008

Finnish online casino operator Aspiritus Gaming shut down its website Aspiritus.com amid allegations that Internet casino and poker management company Inside Gaming has discontinued providing it with gambling services.

According to reports, Inside Gaming had been managing the Aspiritus Gaming website through its white label arrangement and under a license from Playtech Software.

Aspiritus released the following statement:

"Every effort has been made to find another provider or partner that would enable us to implement new products as soon as possible," read a statement issued by the Helsinki-based firm.

"However, our search has been futile to date due to time constraints on delivering new products, the cost of obtaining new licenses or a mixture of both.

"Over the last week, Aspiritus management has been reviewing the business and it is with great regret that we will have to close the Aspiritus business with immediate effect as the impact on the Aspiritus business of the recent contractual dispute and ultimate termination of the contract with our gaming operator has been devastating. The dispute has put Aspiritus under further financial strain and, after reviewing the cash flow of the business, the Aspiritus management team has been left with no alternative."

The online casino believes it can reopen by month's end using another software platform and licensing arrangement.

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Gambling911.com News Wire

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