There are several ways to reclaim losses at an online casino without an Austrian licence. This article answers the most common questions about it.
Does my legal expenses insurance pay?
As a rule, no legal expenses insurance covers the costs of a lawsuit against an online casino. The scope of cover varies depending on the insurer, so it is worth taking a look at the policy. In most cases, however, there is no cover for this risk.
How does litigation funding work?
A litigation funder covers all the costs of the proceedings. If the case is successful, the funder receives a share of the amount obtained. In the case of R. M. Prozessfinanzierung GmbH, it retains 35 percent of the amount obtained, and the remaining amount is paid out to you. If no success is achieved, no fee is due, and no upfront payment for lawyers is required.
What can be reclaimed?
The decisive factor is the difference between deposits and withdrawals over the entire period. Only an actual loss, that is a negative balance, can be reclaimed. Individual winnings are offset against it.
Which steps come first?
- Get in touch. The initial assessment is free of charge and without obligation.
- Secure evidence and request documents, for example from your player account or from the provider.
- For the lawsuit, records of winnings and losses are required.
What happens next?
Once a reclaim has prospects of success, we take care of the further handling. You provide the required documents, and we take care of the rest together with cooperating lawyers. The duration of proceedings varies, from a few months to longer in individual cases.
More on this on the page Online Casino and Gambling.