The biggest online gambling site in New England has just announced it’s going out of business.
The online gambling operator Kahnawake Online is shutting down on January 31, 2018.
The company, which was created in February 2016 by two college students from the University of New England, said it had been in trouble for a while, due to the number of people who used the site to gamble on live events.
It is currently unclear what the impact will be on the local gambling industry.
The online gambling platform was popular among students from New England who were on the verge of graduation.
It also attracted a lot of online gambling players who wanted to gamble without spending thousands of dollars on tickets and casino games.
It was also one of the few gaming platforms that offered a “free” tier for users who paid $15 per month.
But there were serious issues with the site.
Its customer service was poor, and its website was poorly designed.
In February, it said it was closing down because it couldn’t afford to pay staff to keep the site online.
Kahnawakes chief executive Peter Reifl, said in a statement to Next BigFuture that the company’s failure was due to a lack of financial resources and an inability to manage the site’s infrastructure.
“Kahnawatts service has been and remains one of our greatest challenges,” he said.
The business was set up in 2014 as a part of a student startup incubator called Kiva, which is based in London.
It’s been operating out of its own office in the heart of Manhattan since it was launched in January.
“We’ve had the unfortunate opportunity to be in a unique position where we have been able to do what we’ve always wanted to do but which, sadly, can’t deliver,” Reifls statement read.
The site was not able to sustain its growth.
The shutdown means Kahnawakes customers will have to either pay $15 a month to keep gambling on the site or pay $5.50 a month for a premium service.
“As a result, we are no longer able to support our existing customers,” Reifels statement said.
“We’re very sorry for any inconvenience this may cause and we’ll be offering our customers a refund if they want to return to the site.”
Kahnaws current users will still be able to play games on the platform for free until the end of February.
The new owners will also be unable to use the site until February 26.
In an email to NextBigFuture, Kahnawaks chief executive Reifll said it would continue to offer free games until February 28.
However, the company said the site had been experiencing significant problems with the servers that host the game, which caused delays for its users.
In its statement to the company, Kahnaws said it wanted to apologise to customers for any confusion or inconvenience caused.
“The company has been in the midst of this difficult time with many of our customers and has taken steps to address these issues,” the statement read, adding that it was also working with the Department of Justice to resolve the situation.