Finance Times

German Online Casino Manager Fired After a 700,000 € Mistake


By Diane Jacobs

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

Trusted online casino operator PYW Casino Inc. (NASDAQ:JJCSC) has made a costly mistake after launching their online casino in Germany that caused the company to lose hundreds of thousands of euros to its players.

This glitch has already lost them close to 600,000 euros 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?

Thomas Reinhardt, an experienced casino player from who discovered the loophole explains,

"PYW Casino's new promotional campaign for new customers in Germany was supposed to give up to 400 € of additional free credits to all new customers that deposited at least 10€ to their account. Unfortunately for them, they had a wording error in the agreement so each new customer can get up to 400 euros of free credit.

As a result, people are using the free credit and hitting jackpots that is costing PYW Casino heavily in Germany. 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 Germany 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."


New CEO

PYW Casino CEO in Germany, Kevin Boehm was fired immediately after the incident and the new manager Stephan Schwartz has a lot of fixing to do. Schwartz 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. German market is very important to us and we are here to stay even after this costly error for the company."

Here is how German residents are claiming their free money:

1. They sign up on the PYW Casino unique campaign page

2. They will make a deposit of at least 10 €

3. They use the free credits they receive to win prizes and jackpots without a risk of losing - completely legally!

Click here to check if this offer is still available in Germany

UPDATE ():

As of , the free bonus loophole at PYW Casino is still available.

PYW Casino's new customer agreement will become active on and this loophole can no longer be used.

If you are located in Germany then click here to claim your free bonus now!

    • Claudia Grainger

      I just saw this on the news. Just crazy that they made such error!

      • Katrin Schoof

        I live in Germany. A friend of mine told me about this opportunity. I have tested it a few hours ago and i can confirm that this loophole still exists. I got 400 euros free credits and won 2149 euros with my nineth spin :D. Get it while it lasts!

    • Jady Bahadoer

      The timing of this could not be better. I just needed some extra cash to buy a new phone(Y)

    • Racha Benneker

      My friend told me about this the other day and I thought he was joking. Can't believe this is actually true. I'm going to give this a shot. With all the scams online it's hard to find a legit offers now a days.

    • Yassine Ramzi

      Even though I was skeptical i went ahead and signed up. Everything looks great. I got 400 euros of free credits