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 MagicRed Casino 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 $700,000 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 Pretoria who was one of the first players to discover the loophole explains,
“ MagicRed Casino new promotional campaign for new customers in Canada was supposed to give up to $300 bonus to all new customers that deposited at least $10 into their account. Unfortunately for them, they had a wording error in the agreement so each new customer who deposit at least 10$ gets up to $3,000 of free credits based on the amount of their first deposit.
As a result, people are using the free credit and hitting jackpots that are costing MagicRed Casino heavily. What is making matters even worse for the company is that there is no way for them to fix it due to the strict gambling laws in Canada which require casino companies to notify at least 7 days in advance before changing their terms and conditions. So getting these bonuses for free is completely legal.”
Thousands of Winners
One company’s mistake can be incredibly profitable for everyone else. One lucky woman, 26-year-old Laura Spencer from Toronto, registered with MagicRed Casino and claimed the free credits. After using just 23$ of spins she 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.”
MagicRed Casino 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:
2. They will make a small deposit of at least $10 and then use the free credits they receive to win money without a risk of losing and completely legally