This story was published more than 4 years ago.
In news that has shocked industry insiders over the weekend, it has emerged that the formerly respected Club World group of casinos has been linked to criminal operator AffPower after an acrimonious change of management.
The casinos run by this management are as follows:
This previously well regarded group of casinos had been subject to an ongoing legal dispute over ownership and distribution of income between three brothers and shareholders from the Cheshire based Ferster family. The dispute came to a head in November 2016 with the two eldest brothers and silent partners, Warren Dennis Ferster and Stuart Jeffrey Ferster, winning a legal judgement against their younger brother and long-time head of the casino group's operating company Interactive Technology Corporation Limited. Company filings note that Jonathan Ferster had his position as a director of the company terminated on 24 November 2016.
Earlier in the year, the dispute made headlines in UK legal circles after the elder brothers failed in an appeal to prevent the tabling of an email at an arbitration hearing concerning the ownership issue. They had sent the email in an attempt to blackmail their younger brother into buying their share of the company for an inflated purchase price above market value. The attempt was unsuccessful but nevertheless after the November judgement the younger Ferster brother was ousted, leaving the company in the hands of his elder siblings. Neither has any experience in running a casino, with both having built their fortunes running an industrial plastics products company Coral Products PLC that they founded in 1989 with their father Chaim. The pair ostensibly retired from Coral Products in 2014, though the court describes their departure as "not entirely voluntary" .
Taking over a successful online casino operation that runs nine brands while having no experience in the industry is doubtless a daunting task. According to current and former staff at the group, the brothers Ferster made the seemingly sensible decision to bring in some outside advisers to form an "external management team" in order to lend the experience that they are sorely lacking. However this is where things start to look very concerning for players. We have been informed that the external advisers are an Israeli group that are also responsible for the execrable AffPower group of casinos, which also operates under the labels of Conan Gaming and a bunch of Curacao registered shelf companies including Game Tech Group N.V. and Alpha Interactive Solutions N.V., among others. This information has been corroborated by respected player advocacy forum CasinoMeister, which also notes that affiliates of the casino group have already started complaining of delayed payments, "shaved" commissions, and reporting discrepancies.
This is a massive concern for players that patronise these casinos. AffPower have been implicated in a string of unethical and outright criminal activities in recent times, and have held a prominent spot on our casino blacklist for several years now. Some of the "lowlights" of this rogue group's conduct include:
While hearing of an acrimonious family dispute like this is concerning and more than a little sad for all involved, it would be ultimately irrelevant if the casinos continued to be run professionally. With that in mind, since being made aware of the ownership change a few months ago we have been watching this group closely to see if the new management could hit the ground running and continue on the same path as their brother's previous management. Sadly it appears that the new ownership, whether they be unwitting dupes or deliberately foolish, have placed their casinos firmly in the sights of anyone that advocates for fair play and treatment of casino patrons by inviting a bunch foxes into their henhouse. We are aware that several key operational staff members have resigned from their positions in protest at the conduct of the new management who, by all accounts, seem determined to continue on their present course.
The bottom line is that Casino Listings can no longer recommend these casinos as safe places to play. We strongly recommend that players cease playing at each of the following casinos until such time that we can verify that this group of casinos is no longer under the influence of one of the most poorly regarded criminal elements in this industry.