InsuredPlay.com to Shut Down

Submitted by Patrick Flanigan on

Written by :

Patrick Flanigan

Published on :

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

Related Content

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

Little Caesars Pizza parent company sets up a new gambling division.
Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino parent company VGW tells Gambing911.com they have operated lawfully in the U.S. for over a decade and plan to continue doing so following Kentucky AG lawsuit.
Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
Atlanta Georgia Gambler Wins  $10.2M Jackpot at Westgate Las Vegas

Atlanta Georgia Gambler Wins $10.2M Jackpot at Westgate Las Vegas

Atlanta gambler was playing a mere three minutes when a $5 bet turned into $10.2 Million.