As part of our commitment to providing truly superior service, we make every effort to ensure that your withdrawal request is processed as quickly and efficiently as possible.

 

Withdrawal Processing Time

 

Withdrawals generally take 24 hours to process, but in some cases, they may take up to 72 hours. For bank transfer methods, please allow 1-3 business days after your withdrawal has been processed for funds to appear in your bank account.

 

If your withdrawal amount is over EUR 3,000 (or equivalent in any other currency) monthly, we may request further explanations and/or supporting documents in respect to the identification of customer, payment method, source of funds or wealth and/or any further necessary information to meet our legal obligations and regulatory requirements. In such a case, the processing time for your withdrawal may be affected depending on the timely provision of the requested documents.

 

Closed-Loop Deposit and Withdrawal

 

We operate a closed loop policy on deposits and withdrawals. Where possible, customers must withdraw funds to the originating deposit method/account. Customers are only allowed to withdraw funds to payment methods where they have a prior deposit record.

 

Funds will be automatically returned to the deposit method by which the customer submitted their original deposit(s) to their GGVegasr account, up to the amount originally deposited. Withdrawals above the original deposit amount shall be processed after a thorough review.

 

Withdrawal Fees

 

Your bank or payment processor may levy a fee to process your withdrawal. Fees for withdrawal will be clearly shown in the withdrawal request page. In the event that we terminate the offering of our business in any specific country, payouts will be subject to reasonable processing charges.

 

Exchange Rates and Volatility of Exchange Rates

 

We clearly indicate the exchange rate applied to your withdrawal amount at the time of withdrawal request. Once you make a withdrawal request, we will not be liable and will not compensate for any fluctuations of currency values from point of request to time of transaction completion.

 

Fraud Prevention

 

All withdrawals go through an internal audit process to ensure that fraud prevention, anti-money laundering, countering the financing of terrorism and other legal obligations and regulatory requirements are met. As a result, withdrawals generally take 24 hours to process, but in some cases, they may take up to 72 hours.

 

All customers are required to verify their identity soon after creating an account with us. We have the right to request further explanations and/or supporting documents with respect to the identification of customer, payment method, source of funds or wealth and/or any further necessary information which we see fit so as to satisfy our legal obligations and regulatory requirements.

 

We have the right to cancel the withdrawal and return funds in the account when:

 

• The customer has not yet provided requested documents;

• The customer identification documents have expired;

• There are fraud/cheating/collusion/money-laundering concerns;

• The customer attempts to withdraw without participating in sufficient game-play;

• The customer attempts to withdraw following a player transfer; and                                        

• The payment method to which the withdrawal has been requested is not the same as the depositing method

 

Player Transfers

 

For security reasons, players are restricted from withdrawing transferred funds that originated directly from deposits or other transfers. Bonuses may be withdrawn only after all Bonus Policy requirements have been satisfied.

 

Bonus Withdrawals

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• Bonuses may be withdrawn only after all Bonus have been satisfied.

• Winnings from all free promotional offers and winnings from wagering non-deposited balance are capped at a maximum of $50 (CAD). 

  • This max cap applies to total winnings from all non-deposit winnings. 

    • Non-Deposit Balances and Non-Deposit Winnings refer to the following :

      1. ​Free Tournament Winnings : Any winnings from tournaments with a $0 buy-in or complimentary entry.​​​

      2. Free Spins : All winnings derived from free spins, including but not limited to Sign-Up Offers, Daily Freebies, and 'Share the Fun' promotions.

      3. Promotional Balance Winnings : Any winnings generated from wagering balances that were awarded as part of a promotion or event.

      4. Non-Deposit Winnings : Winnings from wagers made with non-deposited funds.

  • 'Promotions and Events balances' include all funds from free spins, tournament winnings, and any other complimentary bonuses. If the total winnings from any of the above-mentioned categories exceed $50 (CAD), the amount will be adjusted to $50 (CAD) upon withdrawal.

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Cancelation of Withdrawal

 

In the event that you cancel a withdrawal request, you will bear full responsibility for any subsequent use of your funds. The Company is under no obligation to refund any amounts that are cancelled by you and which are subsequently used, lost or transferred.

 

Other Withdrawal Information

 

For larger withdrawals, GGVegas may split the amount into smaller withdrawals to facilitate the request. However, any withdrawal fee incurred will not be increased as a result of this segmentation. Specifically, all winnings greater than $20,000 (CAD) may be withdrawn in limited installments of up to $20,000 (CAD) per calendar month if so decided by our sole discretion.

 

In some cases, where account verification is required for completing your request, verification must be completed within 7 days or your withdrawal will be reversed and the funds returned to your bankroll.

 

Please notify us immediately should your credit/debit card(s) be lost, stolen or cancelled, or should your E-wallet status change, so we may investigate their status and confirm that payments may/may not be received.

 

We reserve the right to delay and/or stop the processing of withdrawal requests until final approval has been received for any outstanding deposit transactions.

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* All mention of currencies, unless stated otherwise, are in Canadian Dollars.