Online Casinos

Is Cosmo Casino Fake, Legit or a Scam?

Cosmo Casino has come to the spotlight recently due to their incredible signup bonus offer which allows every new member 150 chances at the Mega Moolah slot on making a first deposit of just $10. Now, this leads us to the question, is Cosmo Casino legit, or is Cosmo Casino a fake? The short answer to those questions is that Cosmo Casino is a legitimate and licensed online gaming site operating in Canada. It isn’t a fake, and the reasons as to why that conclusion was reached will be pointed out next.

Microgaming is Cosmo Casino’s Software Provider

The software of an online casino is responsible for pretty much everything the players see, do and experience in the casino, so it is of prime importance that the software provider is a reliable one. Unfair practices could be the result of a faulty or cheating game, but it would be downright impossible for most players to realize something is wrong, until they have already lost a significant amount of their money due to it.

Microgaming, the software provider for Cosmo Casino is one of the top three software and game providers for all casinos in the world, alongside Playtech and NetEnt.

Slow or No Payouts

It isn’t uncommon for casinos to put a short holding period on large sums of winnings before the player is allowed to withdraw it, but that should not last more than a few days. If the concerned casino has not paid out any of the winnings even after a week or two, it’s probably a fake casino or an establishment that’s too broke to pay their players out. Cosmo Casino on the other hand, has a policy of paying out all their players within three business days from the day on which the original request to withdraw was put in. There is an expected 48 hour holding period, but that’s about it.

So, is Cosmo Casino a scam? Not at all, because the establishment passes all the criterions necessary to qualify it as a legitimate business in the Canadian gaming industry.

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