Deposit and withdrawal methods: MuchBetter service interruption (Page 7)

Xestery wrote on 12.02.2023 at 05:36: Unfortunately the same for me. Yesterday I wanted to withdraw as usual in Amok Casino on MuchBetter, but was canceled three times. When asked, the casino support told me that there are currently technical problems.
I also have a pending withdrawal of 900 euros from Muchbetter to my bank account. Let's hope that at least the still goes through.

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novisad wrote on 02/12/2023 at 07:23: Hi.

I signed up to share some new information I received via email:

We have decided to impose restrictions in the regions in question, but other areas will remain unaffected.

Unfortunately, we cannot provide details at this time, but we are working with the Bank of Lithuania to understand the nature and details of their concerns and to assist as needed.

At MuchBetter, we take our responsibility for compliance and security in all areas of our business very seriously. However, we consider this to be a precautionary measure and in the meantime have initiated an internal review based on the information we have received.

Unfortunately, we cannot provide a timeframe for resolution and we do not wish to speculate on how long this review will take, but we are doing our best and working together to provide a satisfactory update to our customers as soon as possible.

Once we have an update, we will communicate it to our affected customers.

We thank you for your patience and understanding and apologize for any inconvenience this may cause.
Yours sincerely,

______

I'll leave you to speculate as to what this means, as I have no immediate idea, I'm just posting it in case it helps anyone.

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KashikoX7 wrote on 02/12/2023 at 11:02: Hi. I can see that you are wondering a lot what is actually going on. Translated article:

The activities of the company Payrnet have been restricted: gross violations have been detected, there is a suspicion of money laundering.

Before the Bank of Lithuania completed its review of the electronic money institution Payrnet, the company is suspected of gross and systematic violations of the Law on Prevention of Money Laundering and Terrorist Financing, according to a press release.

After examining the nature of the possible violations, the Central Bank turned to the court and, after its approval, temporarily obliged the institution "Payrnet" not to establish business relations with new customers, as well as with intermediaries and persons distributing and/or redeeming electronic money of this institution, until an audit was conducted and a decision of the Bank of Lithuania on the alleged violation was made. It was also ordered to stop providing services through the intermediary company MIR LITHUANIA.

Source: lrytas.lt

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hustlehoff wrote on 12.02.2023 at 12:00 pm: Think that was it with MuchBetter and the German regulierungsfutzis rub their hands again, one less wallet with which you can get money past your checking account and you could easily Deposit and withdraw at non-restricted MGA casinos. How much coal evtl lose the casinos thereby? d Let's see when it hits Skrill and PSC.

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gamble1 wrote on 12.02.2023 at 12:17 pm:
Well the Gammix Casinos fall away with it have mostly no Skrill thus I can not play at Woopwin and Loco even if I would want now zb

Think PSC regulates this internally they do not have other companies where this could affect and MuchBetter is still its own brand I think if they get out of the Payrnet company can still be what

The question is only how high the damage will be if the audit ends negatively for the company

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Gigi55 wrote on 02/12/2023 at 12:25 PM:

And do you still get your money ? Or is that frozen?

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gamble1 wrote on 12.02.2023 at 12:17 pm:
Well the Gammix Casinos fall away with it have mostly no Skrill thus I can not play at Woopwin and Loco even if I would want now zb

Think PSC regulates this internally they do not have other companies where this could affect and MuchBetter is still its own brand I think if they get out of the Payrnet company can still be what

The question is only how high will be the damage if the audit ends negatively for the company

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R0UNDER wrote on 02/12/2023 at 13:10:

Or you can get an IBAN & Card debit card from Paysafecard. Then you can also push the money directly from the Mypaysafecard account to the card and withdraw.

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Xavi22 wrote on 12.02.2023 at 12:57 pm: Really too bad, was actually very satisfied. Does anyone have an alternative to MuchBetter?

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T0uchTheSky wrote on 02/12/2023 at 13:25:

You can try Jeton. With it you can Deposit and withdraw in make casinos with Mga and Curacao license

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