Sportsbook news results for the search term: richcoastsports
Bet7Moons (SBR rating D-) tells players they are closing and will settle accounts in 7-10 days. One player reports already being slow-paid one week. Players have reason to be concerned. The only identifiable members of management and 7Moons staff were also part of failed sportsbook RichCoastSports. RCS was bailed out by BetCRIS (SBR rating A+) in December of 2005.
The sportsbook began online as GogoBet (not rated) over one year ago. Bet7Moons operates on the 3rd floor of Oficentro’s Building 4 and its customer service is managed by former manager and minority owner of failed sportsbook RichCoastSports.
It is unclear if players will recover any money or be forced into a lengthy roll over. The victims seem to be limited to referrals from a watchdog touting high risk operations. RichCoast Sports appears to be a victim of under capitalization and poor management.
27.12.2005 (12:38 PM CST)
RichCoastSports downgraded from C- to D to F
owner, Tony Block, tells SBR he is "bailing out" RichCoastSports(SBR rating D). Mr. Block states that RichCoast is currently migrating to his office in Escazu and players will be informed of new wagering requirements on their balances today via email.
10.04.2005 (10:59 PM CST)
RichCoastSports RichCoastSports - SBR initiates coverage at D+