SBR discusses Apex player debt with Bet33

2/11/2010 1:47:02 PM


In 2004 an Apex Sportsbook (SBR rating F) player wrote SBR asking for assistance with a payment plan. In the summer of 2004 Apex officially closed its doors with over six figures in player debt. Apex ownership used the player winnings and founded a new sportsbook, Bet33 (SBR rating D-). Bet33 opened at a rating of F in October 2005. Bet33 did not follow in Apex's footsteps, and after four years of no outstanding slowpay complaints a rating adjustment to D- was made. Bet33 has remained at D- due to the fact that the Apex debt has still not been fully cleared. Bet33 claimed it would pay off the Apex player debt, but thus far has only one confirmed payment to a player for $3000 from SBR's 11/19 report. SBR is currently in discussion with Bet33 on the 2004 complaint and will update this report if any progress is made. Players that have still yet to receive payment from Apex Sportsbook are asked to submit sportsbook complaint forms.