Posh Casino is one of the biggest mysteries of the UK online casino scene. Most online casinos operate the same way that offline brick-and-mortar casinos do; their doors are open 24 hours a day to any comers who want to try their luck. Not so with Posh. This casino appeared rather suddenly some months ago, requiring players to be "invited" to join. Now just what is going on here?
You can visit the Posh Casino website, but you won't get any further than the landing page without an "invitation code." That makes it a little difficult to evaluate, to say the least.
So why is Posh Casino doing business in this very unusual way? Is it even worth being invited to this casino? And what is waiting for you once you get in?
We'll go all Detective Pikachu on Posh Casino in today's post. Read on to learn all of its secrets!
Posh Casino: The Basic Information
A good first question to ask about Posh Casino is, "who owns this site?"
It's tough to determine even this most basic of information. The website has a "terms and conditions" page, but does not appear to allow you to access it unless you are logged in. All we can glean from the home page is that it uses Realtime Gaming's games.
That's a bit of a red flag right there. Realtime Gaming has been around since the late 1990s and is not an inherently bad software developer. However, they are one of the favourite choices of bad casinos. That's because their licensing agreements allow casinos to operate while using their games without disclosing their identity to the player. They are also much more known for being associated with Caribbean and Central / South American casino operators that target United States players (in violation of United States online gambling laws) and are based in territories that have poor regulation and oversight.
The homepage also does not tell us where the casino is based or what government agency oversees it. The only clue is some sort of business association membership that indicates that they are in Curacao. Curacao has had a bad reputation for letting shady online casinos run wild for years now.
To be fair, they also claim to have Gaming Labs International (GLI) certification. GLI is a well-known independent testing agency based in Las Vegas, has been around for a long time now and has a very good reputation. Of course, running fair games is one thing. Paying out players properly is another, and that's something that game testing agencies don't really get involved with.
We had to do some poking about the internet to find out who is behind Posh Casino. As it turns out, it appears to be the group that calls themselves "Ace Revenue", also sometimes known as the Virtual Casino Group or Gambling Wages Group. This is not a good development. The reason why this group is so evasive and dodgy is that they have been on-again off-again blacklisted by pretty much every serious casino review and referral site out there, going all the way back to the mid-2000s. Gambling forums are absolutely littered with complaints about this group's dozen or so online casinos that have come and gone over the past 15 or so years, most of those complaints related to slow pays or no pays. Owner Navtej "Tej" Kohli went into the online casino business right after he got done serving time in the United States for real estate fraud.
This group - we'll call them Ace Revenue for expediency, though we are honestly not sure what name they are going by today - is based in Costa Rica, which is another highly problematic casino licensing territory with a long reputation of turning a blind eye to rogue operators.
Here's the most important fact in all of this: this group and this casino are NOT licensed by the United Kingdom Gambling Commission (UKGC). That is the most likely explanation for their "invitation only" status. That means that legally, they cannot advertise to United Kingdom players. Should you receive an invitation and opt to play with them, you will not be protected by any United Kingdom gambling regulations. If the site pulls a fast one, the only option is to appeal to the authorities in Curacao or Costa Rica (still not entirely sure where the casino is based) which is very likely to end in you having to eat a loss.
Does Any of This Make Any Sense?
No. No, it doesn't. You could understand a casino inviting known VIPs to be a part of their program. There is no reason for them to invite randoms and have that be the only way of coming to play their games.
Pair that with the ownership's very sketchy history, the insistence on hiding contact details, and the litany of complaints about them on various forums, and you should have all the warning you need to stay away from this one.
Online casinos like this are sadly not uncommon outside of the safety of UKGC licensing. They usually try to entice players into ignoring the warning signs by offering huge bonuses, with better terms than a properly regulated casino can offer. They often muddy the waters by actually paying out some players properly, getting at least a few anecdotal reports out there to convince people that they are legitimate.
It's your decision, but you should be aware that they have no legal obligation to honor those bonus terms, pay you out in a timely manner, or even pay you out at all. Should they take advantage of you in some way, you'll find yourself dealing with a regulatory agency that is in a country halfway around the world and that has no reason to care about your problems.
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