LeoVegas CEO Fired Scam

Gambling News

Don’t Trust the LeoVegas Scam – See What It Is About

We’d like to set the record straight before we continue. the objective facts suggest there’s no such thing as a LeoVegas scam. All Indian casino players can see for themselves the actual conditions of the operator’s welcome bonus. We’ll do you one better and explain it all here. So, it’s an industry’s standard deposit match offer we are talking about. It’s spread across the first three deposits of the newly-signed customers.

The way it works is, the more you deposit, the more you get. If all three times you deposit above the highest margin (stated in the T&C) your bonus amount will add up to Rs. 80, 000. For that, you have to use up the whole package, or in other words, make three deposits. Please find the full details of the deal in the table below.

There are some details you should know that may escape the untrained eye at first, but they have nothing to do with the story. We are talking about the contribution of the different games towards the wagering requirements of the casino bonus. It is as follows: slots – 100%, table games – 10%, video poker – 10%. All other game types contribute 0% to the requirement. We look at more offers like this one in our review of the best online casinos in India.

How Does the Bonus Work Exactly?

Let’s leave the rumours of loopholes and a LeoVegas casino scam aside and answer the question ‘what’s in it for you’. We’d like first to point out this is not a sports betting offer. Great offers of this types you can find on our India sports betting sites page. As it stands, Indian customers are entitled to a welcome bonus that is released in three portions according to a structure that we are going to explain shortly.

What you need to be aware of when depositing is there are deposit ranges, that qualifies you for a fixed bonus amount. To be as efficient as possible you should aim to deposit sums that are commensurable with the bottom end of each range. Allow us to elaborate on what we mean exactly with the next few paragraphs. You will see the exact pay tables, along with a short explanation.

LeoVegas First Deposit Bonus

When you first fund your casino account, you’ll be able to benefit from a bonus in the amount of up to ₹20,000. The first deposit range is set to be between Rs. 1,000, and Rs. 4,999. Every possible amount in that spread will qualify you for an Rs. 1,000 bonus. If you want to get the most out of it bonus-wise, common sense suggests that you top up with the smallest possible amount in each range. It’s entirely up to you, however! All ranges follow a similar logic, so you should have no problems recognising what they mean. The graph below illustrates it best.

Deposit Bonus
₹ 1,000 – ₹4,999 ₹1,000
₹5,000 – ₹9,999 ₹5,000
₹10,000 – ₹19,999 ₹10,000
₹20,000 or more ₹20,000

Second Deposit Offer

When the first portion of your bonus starts to wear out, or you deem it necessary to top up your account, you will keep claiming bonuses for your effort. Up to Rs. 20,000 is what the operator has up for grabs for everyone who deposits for the second time within the validity time period. The minimum qualifying amount is ₹1,000. You will notice that the offer is in Rupees and not some sort of cryptocurrency. For the best operators accepting cryptocurrency payments please visit our page review of the best Bitcoin casino sites in India. Bonus money will be credited according to the following paytable.

Deposit Bonus
₹ 1,000 – ₹4,999 ₹500
₹5,000 – ₹9,999 ₹2,500
₹10,000 – ₹19,999 ₹5,000
₹20,000 – ₹39,999 ₹10,000
₹40, 000 or more ₹20,000

Third Deposit Offer

You’ll notice that for your second and third deposits there are five ranges instead of four and the match percentage is a bit lower. If you want to get the lion’s share of the deal, you’ll need to take advantage of the bonus match offers for third deposits. We noticed a similar dynamic when we reviewed the top poker sites in India. Back to the casino in question. At this point, you can claim up to ₹40,000. The same terms and conditions would apply to the bonus money that will be credited to your account. How much you’ll get is, again, up to you.

Deposit Bonus
₹ 1,000 – ₹1,999 ₹250
₹10,000 – ₹39,999 ₹2,500
₹40,000 – ₹79,999 ₹10,000
₹80,000 – ₹159,999 ₹20,000
₹160, 000 or more ₹40,000

What Games Are Eligible for the Welcome Bonus

Since there’s no confirmed LeoVegas loophole, we’d like to shift the focus a bit to some factual information that can actually be of use to the customers of this operator. In that line of thought, we will briefly discuss the available selection of gaming titles. Like with the best Indian lotto sites, the number and quality of games is of the essence.

Surprising or not, the overwhelming majority of games found at LeoVegas are video slots. If anything, this would indicate that the LeoVegas CEO knows his stuff because slots are agreed on to be right up the alley of most casino enthusiast. Tailored to fit the current trends, the slot selection includes titles such as Buffalo Rising MEGAWAYS, Starburst, Reel King Mega, Book of Dead. The exclusive LeoVegas MEGAWAYS is also part of this section. If you are one of the few exceptions, maybe you will be more excited to go through the live casino games.

This is one of the prime reasons LeoVegas is considered one of the noteworthy high roller casino sites in India. The capacity of LeoVegas to provide high stakes blackjack and roulette games really shines through. You can play your money faster or slower just by switching games or by playing for bigger chips. Of course, you could play at the live casino too, but the games there are subject to the live casino welcome bonus and not to this one.

It’s still worth checking out the live casino because it’s easily the most profitable section of the whole platform.The tables have different betting limits and a different croupier, hence, delivering an entirely new experience. There are even reserved tables for the crowd favourites Teen Patti and Andar Bahar.

Play Responsibly and Don’t Lend an Ear to Rumours

You can now form an educated opinion on the news of supposed LeoVegas casino scam. In so far as the ‘LeoVegas CEO fired’ part of it, we could neither prove or disprove that a man named Peter Newsted has ever worked for the company. What does matter is that the casino site in question operates in the spirit of fairness and as such has set down rules that encourage players to gamble responsibly.

It does that partly by way of educating its customers on the topic of problem gambling and mainly by cooperating with big organisations with proven experience in the field. There’s also functionality available to every registered casino player that can help them keep track and regulate their spending. If you want to take that one step further and play against a minimum house edge, we suggest you try out the top blackjack sites in India.

Frequently Asked Questions About LeoVegas

After the LeoVegas casino scam became a thing on the Internet, Indian casino players got into the habit of informing themselves diligently about the status quo of online gambling in the country. We’ve made an effort in that direction too, with comprehensively written answers to the commonly asked questions about the LeoVegas.

📰 Is LeoVegas news real?

Some news about the company seems to be made up because things just don’t add up. A case in point is the LeoVegas CEO fired news where a name is mentioned that has no connection whatsoever to the company. That makes it imperative to tap unbiased information sources.

⚖️ Is LeoVegas legit in India?

Yes, LeoVegas is one of the legal operators for the Indian gambling market. The platform of LeoVegas is licensed and regulated by more than one trusted regulatory body, including the UK Gambling Commission. The welcome bonus of LeoVegas for Indian players is also absolutely legit.

🛡️ Is LeoVegas safe?

The site and mobile apps of LeoVegas are safe in that they use onsite encryption and conform to the rules for responsible gambling. What’s more, you can make use of the safest payment methods available online to deposit to and withdraw from your gambling account.

💳 Can we withdraw money from LeoVegas?

There are many safe withdrawal methods one could use to take money out of their LeoVegas account. When it comes to bonus money bound by the wagering requirements, they become withdrawable only after the completion of the playthrough specified in the terms and conditions of the respective offer.

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