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Online Casino CEO Fired After a 46 Million Euros Mistake


If you live in Nigeria and want to earn some extra money easily, then this may be the most exciting article you’ll ever read.

Trusted online casino operator Europa Inc. (NASDAQ: CSNRM) has made a costly mistake after launching their online casino in Nigeria that caused the company to lose millions of euros to its players.


This glitch has already lost them close to €46.5 Million and the loss is probably going to continue to increase until June 11, 2019 when their new customer agreement takes effect.

What Exactly Happened?

Benjamin Ibrahim, an experienced casino player from Abuja who was one of the first players to discover the loophole explains, Europa new Gladiator Slot for new customers in Nigeria was supposed to give standard winnings to all new customers that deposited at least €20 to their account. Unfortunately for them, they had a wording error in the agreement so each new customer who complete their first deposit and play Gladiator Slot can double the amount of the standard winnings. 

As a result, people are using the Gladiator Slot and hitting jackpots that are costing Europa 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 and bureaucracy. which one of them require casino companies to notify at least 7 days in advance before changing their terms and conditions.”

Thousands of Winners

One company’s mistake can be incredibly profitable for everyone else. One lucky man, 26-year-old Joseph Okoye from Lagos, registered with Europa Casino, deposited his first €40 and won the progressive jackpot of €2,730,000.
“I used to wake up each morning and go to a job that I hated, just be able to cover my rent and bills, now I have so much freedom.”

New CEO

Europa CEO, 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 Nigerian market is very important to us and we are here to stay even after this costly error for the company.”


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