The title may be a bit misleading as we do not know the circumstances but a short while ago an email from Gamezino saying they are going out of business has surfaced. Here is what it says:
“Our business model of buying discounted iTunes gift cards, and using those cards to purchase items inside the game, is no longer sustainable. It has become too expensive for us to buy new cards, and we are no longer able to maintain a profit. Instead of doubling our prices, we have decided to close our doors.
GameZino will stop accepting new orders on Monday 8/26/13 at 2pm EST. After that, the doors will be closed for good. So get ’em while they’re hot. They wont last long”.
So could we finally see the end of Gamezino? I am willing to bet the gift card theory is not accurate. From what we have heard, EA has been planning to take action against GameZino although we do not know for sure if this announcement is a result of that. BUT, our hope is that this company sees some type of action against them for their unfair and misleading business practices. We will update this post as more information comes in. However, if any of you receive legitimate info on the situation please fell free to add it in the comments below.
More News: Could Gamezino then be shutting down Tips? Well we are at least hoping for an apology from them. But just yesterday it was rumored that Gamezino’s website was being sold and now it’s shutting down? This is very strange due to the fact that just last week Gamezino was looking for helpers on their site as well as Tips and paying them for posts. Of course any info right now is just speculation and we hope to relay confirmed legitimate information for all of you.
Update 26/08/13:It currently 2:00pm here in England and I have worked out the time and in my time zone Gamezino should be gone by 7:00pm. Since this post was published news has opened up on TSTO Tips, Nuclear Video’s HD and Reddit. TSTO Tips have posted an article explaining about Gamezino shutting down and in my theory I think that TSTO Tips is here to stay and is going to be passed on to Nuclear Video’s Hd. Last night after I logged off, Nuclear Video’s HD posted a video of the news of Gamezino and after all the hate comments it was removed seconds after. Now there is a post on Reddit which explains the departure of Gamezino and a use called “Allenisastud” and says he is the real Allen, but on another post he has said that he supports Allen and Gamezino? This is all very confusing and there will be a post later on to see if Gamezino has packed there bags.
(The image of Nuclear videos is his recent upload and not the original)
WARNING:Please do not purchase from Gamezino as your account could be suspended due to hacking!