USA Bingo and Desperate Housewives Bingo Facing Financial Problems

The sites hosted on the World Bingo Network which include amongst others usabingo.com, desperatehousewivesbingo.com and bingotropic.com are going through serious financial problems which is resulting in delays of payment to both third party sites rendering marketing services to the network and additionally to players due to a lack of cash flow. The serious financial problems have resulted from processing fraud the online bingo network has experienced due to the use of an underground processing company which has been used due to factors related to lower processing fees and acceptance of credit cards issued in the U.S which were practices adopted from the online bingo network to eliminate costs and maximize short term profits.

This is not the first time the particular online bingo network has experienced issues with payment processing but this final time the damage seems to be exceeding $500,000 which has left the popular online bingo network in shock and incapable to recover from the damage. The use of small processing companies by online bingo networks is a common practice which in many cases has resulted issues related to fraud which in return affects both players and third party sites due to inconsistency of cash flow.
In reality what happens in this cases is that sites using underground processing companies, process players money through a third party unknown credit card processing company which presents the risk of disappearing with owed funds.

The case here is even more serious as the popular online bingo network has experienced multiple financial hits from several processing companies which have disappeared with owed funds leaving the online bingo network, its players and affiliated websites in serious trouble. The heat in these cases is of course put on the online bingo network as the actual network is responsible for selecting its processing partners to ensure flawless operations for its players and of course its affiliated partners. Although it is unfortunate to say that they will have to close down the operation; the World Bingo Network resided amongst the respected online bingo networks of the world.

This is clearly an issue related to mismanagement and wrong internal decisions which have resulted in losses of the overall network, its merchants, its players and more over its affiliates. Reports have been made that the Israel based Affiliate Manager of the network who’s skype address appears on the official affiliate partners website of the World Bingo Network has resigned from his position as he found himself in the unfortunate position of being under heat from partners of the network not to mention that he is at this point owed half a year of salaries which the US facing online bingo network is currently incapable to pay.

Affiliated websites will realize that their emails at affiliate@worldbingoaffiliates.com will not be answered as we have already tried on several occasions reaching the network to clarify the issue however we do expect an answer from the network which should be responsible enough to have maintained a back up reserve plan before engaging in adopting a processing solution which would not ensure the stability of their partnering websites and more over their players winnings and balances. It is well mentioned that the issue has been kept silent at this current point as the actual sites operate normally with chat staff present although the actual network does not posses the liquidity to pay its winning players. Players are advised to withdraw their balances and pick out of any of the selected number of recommended USA bingo sites we have listed which will ensure flawless play and smooth operations.

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