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LSbet Casino – Legit or Scam?

LSbet Casino

This comprehensive review on LSbet Casino, a relatively smaller size online gaming platform in terms of revenue, will provide an insightful perspective about this online casino’s trustworthiness. Owned by Media Entertainment N.V and established in 2012, this digitally-based casino has opted for a variety of payment methods aiming to cater different financial preferences. As safety is one of the core elements of assessing an online casino’s credibility, we’ve taken into consideration multiple factors including player complaints, licenses, withdrawal limits, games genuineness and more.

Licensing and Revenue

Holding its license from Curaçao, LSbet Casino maintains a ceiling of €30,000 per month withdrawals keeping transactional smoothness in perspective. The casino handles various currencies like USD, EUR, BRL, PLN, RUB, and SEK. Despite its lucrative offerings, its annual revenue falls under $1,000,000 bracket. This makes it modest in comparison to many other larger players in the domain.

Ease of Payments

Entering the realm of cryptocurrencies and traditional payment methods alike, LSbet casino accepts transactions through methods like Neteller, Skrill, PaySafeCard, VISA, Mastercard, Nordea, Bitcoin, and even Ethereum among many others. This wide spectrum indicates an user-friendly approach towards keeping the transactions seamless for players worldwide.

Game Selection and Providers

The tangible offerings of an online casino are its games, and LSbet Casino showcases a good selection, although some options are inactive. You can partake in slots, roulette, blackjack, video poker, bingo, jackpot games, and live online games among others, provided by top-tier game providers like NetEnt, Microgaming, Evolution Gaming, and Play’n GO amongst others. However, options like poker and scratch cards are currently inactive.

Customer Support

Another cornerstone reflecting the operational excellence of any casino is its customer support. LSbet supports multiple languages including English, German, Italian, Russian, Spanish, Polish, and Portuguese. The drawback, however, is that this live chat support isn’t available round the clock which could be troubling for players needing immediate assistance.

Concerns and Limitations

A major area of concern with LSbet Casino is the maximum daily win limitation that doesn’t allow you to win more than $100,000 per day. While to some gamblers this might seem a high ceiling, high-rollers might find this restrictive. Furthermore, not every payment method supports all currencies, adding another caveat in the casino operation.

Final Word

Despite providing a variety of games and supporting numerous payment methods, LSbet Casino is currently facing several complaints about safety and reliability. Although it belongs to a group of related casinos, it’s important to note that these relationships have also negatively influenced it, reflecting poorly on its operation. Therefore, as per the investigation of multiple factors, we find the safety index of LSbet casino quite low and advise potential players to proceed with caution.

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Frequently Asked Questions about LSbet Casino

1. Who owns the LSbet Casino?

LSbet casino is owned by Media Entertainment N.V, a well-known name in online casino ownership. Despite this backing, it’s still classified as smaller in revenue scale compared to other casinos, but has been functional since 2012.

2. What license does LSbet Casino hold?

The gaming activities of LSbet Casino are regulated under the Curaçao license jurisdiction. Licenses are critical to ensure the legitimacy and fairness of any online gaming platform, therefore holding a reputed license boosts its credibility quotient.

3. What payment methods does LSbet Casino accept?

One of LSbet Casino’s valuable features is that it accepts various payment methods; this includes conventional procedures like Neteller, Skrill, PaySafeCard, VISA, Mastercard, Nordea, detailed digital alternatives such as Bitcoin, Ethereum, Litecoin, and Tether among others along with certain region-specific methods like AstroPay and Boleto Bancario. Remember, not all currencies are facilitated through every payment method.

4. What types of games can I play at LSbet Casino?

At LSbet Casino, you have a wide range of active games including slots, roulette, blackjack, betting, video poker, bingo, baccarat, jackpot games, live games, craps and dice, keno, and eSports betting. However, certain prospective crowd favourites like poker and scratch cards are currently inactive.

5. In which languages does it offer customer support?

The casino has tried to outreach a global audience by providing customer support in multiple languages including English, German, Italian, Russian, Spanish, Polish, Portuguese, and Swedish. Nevertheless, live chat assistance may not be available 24/7 which is an operational drawback.

6. Are there any apparent downsides or concerns related to LSbet Casino?

Yes, some operational issues are noticeable with LSbet Casino. The biggest one is the limitation on maximum daily winnings. This limit means that a player cannot win more than $100,000 per day. For high-value bettors, this might pose as a restrictive clause. Moreover, there are various unresolved customer complaints about safety and reliability that new players might want to contemplate over before deciding to play.

7. Should I consider playing at LSbet Casino?

Owing to multiple factors including its size, revenue, license, player complaints, game genuineness, etc., we have resulted in a low safety index for LSbet Casino. While it exhibits some good attributes like diverse payment methods, game options and multilingual support; it receives a negative reflection from multiple customer complaints, lending an overall skeptical image. Hence, considering all these points, we suggest potential players to approach with caution while engaging in any activity with LSbet Casino.


See Also

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AfricaBet Casino

AfricaBet Casino logo

Though relatively modest in revenue, AfricaBet Casino, governed by Africabet International Limited and officially recognized under a Curaçao license, has been successfully catering to the online gambling crowd since 2017. Our elaborate assessment sees this platform with high credibility offering an extensive selection of enticing games such as Roulette, Blackjack, Video Poker, and beyond. These are supplied by elite providers like NetEnt and Pragmatic Play. Despite certain terms of bonus deals potentially seeming disadvantageous to players, AfricaBet consistently displays exemplary safety standards enforced by considerable financial solidity. The casino embraces different currencies up to a monthly withdrawal limit of $40,000, however, it primarily operates through Voucher and ContiPay, limiting its broadness in payment channels. The inclusion of customer support via phone contact and provision of live dealer games further enhances its service reliability. Nonetheless, the sports betting-oriented approach may appear less appealing for casino gaming enthusiasts. From our research, we can confidently conclude that AfricaBet stands as a trusted platform worth attention from both experienced gamblers and newbies alike.

Cosmic Spins Casino

Cosmic Spins Casino logo

Cosmic Spins Casino, a modest yet devoted online hub for gaming enthusiasts, was launched in 2019 under the aegis of UK’s Betable Ltd. It has quickly earned its stripes in terms of player safety and satisfaction, despite entering a competitive field relatively recently. Credited with an exceptional Safety Index score, Cosmic Spins operates with regulatory licenses from UK bodies, facilitates no-limit GBP transactions, boasts trending games, and supports dependable payment methods like VISA, Mastercard, and PayPal. However, not all that glitters is gold. Prospective gamers should approach the casino’s Bonus Terms and Conditions with caution, as certain clauses may present unexpected difficulties. Furthermore, a dearth of live dealer games or software provider filters might leave some users wanting. Nonetheless, the platform shines in maintaining financial credibility around payouts, making Cosmic Spins trustworthy for those willing to venture into the world of online gambling. The crux of success here hinges on one’s will to meticulously navigate through the platform’s limitations.

23Ace Casino

23Ace Casino logo

The 23Ace Casino, prevalently known in Singapore and Malaysia’s gambling circuit, shows an ambiguous safety record. The platform, which has been operational since 2018 under the governance of 23Ace Gaming Ltd., has managed to carve a notable presence in the industry primarily due to its broad spectrum of games sourced from reputable developers such as Playtech and Evolution Gaming. Furthermore, it offers players exceptional amenities including a high cap on withdrawals and round-the-clock live support to ensure player security and satisfaction. Nevertheless, the lack of a legitimate operating license, coupled with questionable clauses in their terms and conditions, advise caution for prospective and current gamers. A less than satisfactory array of banking options and limited player acceptance could also hinder the growth of a global clientele. Despite its allure, it is imperative that players explore safer alternatives when delving into online gambling.

69GAMES Casino

69GAMES Casino logo

The digital gaming platform, 69GAMES Casino, established just last year in 2021, is a secure and entertaining online venue for game enthusiasts. Though it may not be the largest in terms of revenue, it demonstrates an unwavering commitment to the financial safety of its players, boasting unlimited withdrawals for CZK transactions. Its licensed affiliation with the Czech Republic Gaming Commission (CZMF) and linkages to numerous physical casinos and betting shops further underscore its credibility and authenticity. A bounty of gaming preferences is catered to on this platform, currently highlighted by an active selection of slot games and an anticipated lineup of popular classics such as Roulette and Blackjack. Moreover, the presence of professional customer support, phone services, and multiple secure payment options –– including Mastercard, Visa, and Bank transfer –– underscores the platform’s trustworthy operations. Given that the current focus is on slot games, there are ample opportunities for diversifying amongst game providers. Regardless, the 69GAMES Casino exhibits immense potential and anticipates expanding its offerings based on player feedback and preferences. In conclusion, for those residing in the Czech Republic, the 69GAMES Casino is not just a safe gaming destination but also an engaging one.