If you live in Canada and want to earn some extra money easily, then this may be the most exciting article you’ll ever read.
Trusted online casino operator Magic Red Inc. (NASDAQ: CSNRM) has made a costly mistake after launching their online casino in Canada that caused the company to lose hundreds of thousands of dollars to its players.
This glitch has already lost them close to $600,000 in free spins and cash prizes and the loss is going to continue to increase until when their new customer agreement takes effect.
What Exactly Happened?
Michael McGee, an experienced casino player from Alberta who was one of the first players to discover the loophole explains,
“ Magic Red new promotional campaign for new customers in Canada was supposed to give 20% Bonus up to $50 to all new customers that deposited at least $10 into their account. Unfortunately for them, they had a wording error in the agreement so each new customer who deposits at least $10 can get 125 Free Spins.
As a result, people are using the free credit and hitting jackpots that are costing Magic Red heavily. What is making matters even worse for the company is that there is no way for them to fix it due to the strict gambling laws in Canada which require casino companies to notify at least 7 days in advance before changing their terms and conditions. So getting these bonuses for free is completely legal.”
Thousands of Winners
One company’s mistake can be incredibly profitable for everyone else. One lucky woman, 26-year-old Laura Spencer from Toronto, registered with Magic Red and claimed their Free Spins after he made a deposit of $20 and won the progressive jackpot of $75,000.
“I used to dread waking up each morning and going to a job that I hate, all to just be able to cover my rent and bills, now I have so much freedom.”
New CEO
Magic Red CEO in Canada, Peter Newsted was fired immediately after the incident and the new manager Hayden Connor has a lot of fixing to do. Connor responded to our enquiry via email,
“This has been a very unfortunate and costly mistake for the company but we have to learn from it and move on. The Canadian market is very important to us and we are here to stay even after this costly error for the company.”
Here is how Canadians are claiming their free money:
1. They sign up on the Magic Red page
2. They deposit at least $10.
3. They will get 125 Free Spins!
Click here to check if this offer is still available in Canada
