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An all-in equity insurance product for online cash games, InsuredPlay.com, will no longer be available as the site is slated to shut down after only 16 months in business.
All player balances remain safe, and everyone will be repaid their balances in full, the company assures but withdrawal requests must take place by September 30.
A statement from the site claimed that “a number of difficulties that we have not been able to overcome” have led to the shutdown.
Here is the official notice posted on the InsuredPlay.com website:
Dear Players,
Due to a number of difficulties that we have not been able to overcome, we decided to shut down InsuredPlay permanently. As of today, you will no longer be able to use our services.
The site will remain available until September 30th, 2013 only for withdrawals. All players who have an outstanding balance will need to submit a withdrawal request by September 30th. After this date the site will no longer be functional and we will no longer be able to respond to any requests. In the meantime, withdrawals will be processed as they are received. All player balances are safe and everyone will be paid in full.
We appreciate the support of our loyal players and regret having to put an end to our story.
Best Regards,
InsuredPlay Team
- Patrick Flanagan, Gambling911.com
