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An Online Casino Bust

Online caisno and poker gamblers are simply not to be trifled with if you take into consideration the latest player-detective work at Zosoz.com. Zosoz launched in the US market as a subscription poker site that circumvented US laws, was 100 percent US legal, and had only the low monthly subscription rate yet a great possibility for winnings. The site launched just two months ago…right around the time that some of the biggest US facing online casinos backed out of the US market. Zosoz spent a huge effort and expense advertising for the new site and really attempting to build up a large player-base.

The only problem it seems was the company’s funding capital. Just a few weeks ago players began to report that checks from Zosoz were bouncing in their banks. Zosoz apparently attempted to stem the flood of this pending disaster by seeking additional funding, but to no avail. According to a message on the Web site, the site was due to be shut down on December 14, 2008. Online casino gamblers have since reported that the site shut down two days before the official date – that could be a bit worrisome if the company is really just jumping ship.

Players were guaranteed in the company’s online message that they would receive new checks for their winnings. That is yet to be seen. The mysterious nature of Zosoz’s management and owners leaves some in the internet casino industry concluding that this was yet another fly-by-night operation that has folded with player monies and few intentions to make good on the payouts.