Here's some info from another site...
You are now chatting with 'Philip'
Your Issue ID for this chat is LTK575079756X
Philip: Thank you for contacting us at VIP.com. How may I help you?
my008859: rumor has it VIP will be shut down at the end of this month due to payment problems. Any truth to this rumor?
Philip: Yes.
my008859: :-(
Philip: Unfortunately due to industry and money processing constraints, we have decided to close the company at the end of this month. All players with balances that meet the minimum payout requirement are welcome to submit withdrawal requests online from now until the end of this month, or continue to play their balances until the end of this month.
my008859: nine & gameday as well?
Philip: Yes, as well
my008859: what is the minimum payout requirement?
Philip: Minimum payout is $260
my008859: do you accept deposits until a certain date?
Philip: There are no deposit options available.
my008859: :-(
Philip: It is unfortunate.
my008859: When were you going to notify players? I didn't receive an e-mail from VIP about this closing.
Philip: We are notifying players as from today.
my008859: where will you work, can you collect unemployment insurance where you live?
Philip: Is there anything else I can help you with?
my008859: apparently not
Philip: Have a nice day
Philip: Bye.
Chat session has been terminated by the site operator.