i have a few pennies in paradise i think i will just leave it, only like $150 but if i had over $500 i would take it out.......i don;t see paradise rolling over if it does lookout.............if they start going after poker sites is howard lederer next ? will old man doyle have to go into hiding in south america?
Comment
caracalla
Restricted User
11-12-05
2549
#38
Is Sportingbet and SportinbetUsa the same? Or are they differente bookies? I have already lost same money (luckily few money $50 + $300 contest prize) on BOS, and I don't want loose other money there!!!!
I like very much SBUSA poker!!!
Comment
InSpades
SBR High Roller
09-23-05
157
#39
Originally posted by caracalla
Is Sportingbet and SportinbetUsa the same? Or are they differente bookies? I have already lost same money (luckily few money $50 + $300 contest prize) on BOS, and I don't want loose other money there!!!!
I like very much SBUSA poker!!!
Same.
IS
Comment
InSpades
SBR High Roller
09-23-05
157
#40
I believe people are UNDERestimating the impact of this arrest.
It is my understanding that half of Sportingbets revenues come from the United States. How can this not significantly impact and even bring down the company?
Obviously, the U.S. must have every online gaming official's name entered into the watch-list, just like terrorists, so when their name appears on U.S. bound flights, the authorities are alerted.
How can this guy enter the U.S. after what happened two months ago. Amazing. You can't make this stuff up. They must have indictments ready for everyone.
Where is Tony Blair to defend UK citizens?
Comment
djmixerchris
SBR Rookie
06-27-06
8
#43
Nothing will happen
peter dick and sportingbet plc are cool nothing will happen, the charges just some little louisiana state charges, and sportingbet is not retarded like BOS, and there not going to overeact and shut down everything..
Comment
Bill Dozer
www.twitter.com/BillDozer
07-12-05
10894
#44
Originally posted by koko
Why is SBR recommending that players cashout? The last thing we need in this situation is a paniced rush to cashout, when we don't even know what the charges are and/or what sportingbet plans to do.
What if this guy was wanted for drung? Or kiddie pron? You killing Joan Bennet Ramsey? Nonw of these things would have anything to do with sportingbet and required a massive rush on the sportingbet bank.
Good points koko. It was updated to be less generic. Sportingbet is not expected to handle this the way BOS did, which did/does not have the ability to pay all players. SBT has dragged their feet when things got complicated (i.e. acquisitions or when they decide to do "upgrades"). I'd probably take my money out thinking I can always put it back later.
It's business as usual so far in CR with the exception of some local media...
Comment
InSpades
SBR High Roller
09-23-05
157
#45
Originally posted by djmixerchris
peter dick and sportingbet plc are cool nothing will happen, the charges just some little louisiana state charges, and sportingbet is not retarded like BOS, and there not going to overeact and shut down everything..
True. But most US gamblers still probably won't risk having funds with them.
IS
Comment
tacomax
SBR Hall of Famer
08-10-05
9619
#46
Originally posted by Seattle Slew
Where is Tony Blair to defend UK citizens?
Doesn't work like that. The UK is happy to sit by and see it's citizens held on charges like this. But if it happened the other way around and it was a US citizen held in the UK, you know that Bush would be on the phone and he'd be back home before supper.
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.
Comment
tacomax
SBR Hall of Famer
08-10-05
9619
#47
Although not related to this case, this is an example of the differing extradition laws of the two countries.
BBC, News, BBC News, news online, world, uk, international, foreign, british, online, service
The case has prompted criticism over extradition laws that do not require the US to provide "prima facie" or solid evidence of wrongdoing to extradite a UK citizen.
Britain however must still provide the US with evidence of "probable cause" if it wishes to extradite someone from the US.
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.
Comment
JoshW
SBR MVP
08-10-05
3431
#48
koko,
I withdrew money from MVP as soon as Carruthers got indicted and I got paid before they closed up, while those who waited didn't. I am not saying it will happen in this case, but if it is a question of getting paid or not, why not make sure SBR players are paid by being first in line. If there is a run on the bank, which there will be to some extent, it won't be just SBR causing it. The indictments will do it alone. Most media will cover this.
Comment
Zikaris
SBR High Roller
08-27-06
139
#49
Originally posted by rezster
In the future, I suspect you will see fewer online sportsbooks taking wagers from US citizens.
And lose the entire NFl wagering base?
Not likely.
Comment
JoshW
SBR MVP
08-10-05
3431
#50
From clevfan at major wager:
OK, THE WARRANT FOR PETER DICKS IS IN THE 27TH DIS. COURT IN THE STATE OF LA.
A PHONE CALL WAS MADE DOWN TO THE COURT ASKING ABOUT THE WARRANT. WAS TOLD WARRANT WAS SEALED AND THAT THERE WERE OTHERS.
SO, RAN THESE NAMES BY THE CLERK:
Nigel Payne
Andrew McIver
Mark Blandford
AND WAS TOLD THERE WERE INDEED ARREST WARRANTS FOR THOSE INDIVIDUALS
If that is true they are getting the same wide indictment coverage as BOS.
Comment
JoshW
SBR MVP
08-10-05
3431
#51
Looks like State charges:
Sportingbet boss held in New York
By Miles Costello and James Doran in New York
The chairman of British betting company Sportingbet, Peter Dicks, was detained by American authorities in the early hours of today in what is being seen as a further crackdown on online gambling.
Mr Dicks is being held at JFK Airport by the Police Department of the Port Authority of New York and New Jersey after a warrant was issued by the Louisiana State Police. Police sources said that the charges related to Louisiana’s strict laws on gambling by computer but that no Federal charges were involved.
The Port Authority confirmed his detention with a spokesperson saying: "We were acting as the middle man. We were informed that Mr Dicks was wanted on an out-of-state warrant." Mr Dicks was expected to be extradited to Louisiana to face charges.
The actions of the authorities in detaining the chairman of Sportingbet are a clear warning to internet bookmakers to steer clear of US punters
The detention of Mr Dicks, 64, comes just two months after David Carruthers, the chief executive of BetOnSports was arrested in Texas on alleged fraud and racketeering charges. Mr Carruthers, who has maintained his innocence, was on his way to the company's offices in Costa Rica.
Mr Dicks was detained while travelling to the country on non-company business. A spokesman for Sportingbet could not confirm whether he had been arrested or charges levelled.
He faces a US hearing at 2pm London and 9am Eastern time.
But the City immediately took fright and marked online gaming companies' shares down heavily.
PartyGaming, which today posted a 47 per cent increase in first-half profits to $380 million, fell as much as 11 per cent. It was trading later down 8.74 per cent at 107p.
And World Gaming, which revealed today that it was in talks to be taken over by Sportingbet in a deal worth £57.6 million, crashed more than 28 per cent to just 66p. Sportingbet has been considering an offer of 104p a share for the company.
888 Holdings tumbled more than 12 per cent to 149.25p.
Sportingbet asked for its shares to be suspended "pending clarification of the situation". The shares were suspended at 239p, down 2.05 per cent since the open.
At this price Sportingbet is worth more than £1 billion.
BetOnSports dismissed Mr Carruthers in the wake of his arrest and the charges. It has shut the office in Costa Rica and culled its staff.
Confidence in internet gambling operators has taken a serious knocking since the arrest of Mr Carruthers with some regulators in America determined to outlaw online activities.
Sports betting is currently deemed illegal by US residents, while A Bill has been passed by the House of Representatives that, if approved later by the Senate, would tighten the laws across the board on betting in the US.
It looks like I am going to decide what is more important.
Living in the United States or gambling.
IS
I thing it's wrong. USA can't live alone and force other people according USA thoughts!!
In the long run right sentence would be "living in USA or elsewhere".
And I don't know if 1st or 2nd choice will win.
But I'm very glad living in Italy (even if is a very "strange" Nation, better our serious problems than your Paris Hilton and so on)
Comment
jjgold
SBR Aristocracy
07-20-05
388179
#53
Why cannot they do this to WWTS, Cris, Greek, others?
Is it coming?
Comment
isetcap
SBR MVP
12-16-05
4006
#54
Peter Dicks?
Is this one of Bart Simpson's name jokes?
If he were transgendered would his name be Pussy Bushes?
Comment
JoshW
SBR MVP
08-10-05
3431
#55
JJ,
None of those book owners live or go back to the states. Makes it much tougher. The big, low profile book seem strong unless the feds start getting cooperation from countries were they are located.
Comment
mad
SBR MVP
08-31-05
1278
#56
I heard the Hilton sisters are next...
Comment
althelegend
SBR Wise Guy
07-28-06
596
#57
The group has not yet received correspondence from any U.S. authority regarding or relating to the incident.
It will continue to operate as normal.
(from Sportingbet's website)
Comment
Ballpark
SBR High Roller
08-19-06
174
#58
Are payouts being processed as normal?
Comment
JoshW
SBR MVP
08-10-05
3431
#59
I have withdraw request in from yesterday. They usually pay in 24 hours, but I guess we will see.
They released a press release that they were going to operate as usual so I would assume payouts will be processed.
Comment
serontin
SBR High Roller
11-17-05
246
#60
I withrawed 09/03 and my Neteller account was founded in 48 hours
Comment
Bill Dozer
www.twitter.com/BillDozer
07-12-05
10894
#61
Sources within Sportingbet tell us that the company believes it is operating legally according to current US law and is in compliance WTO standards. If need be, the company is prepared to defend its position in court. As the statement says, they plan to continue with business as usual.
Sportingbet Plc
(“Sportingbet” or the “Group”)
Statement regarding Chairman - Update
Following the announcement made yesterday regarding the detention of Mr Peter Dicks, the Independent Non-Executive Chairman of Sportingbet Plc, the Board provides the following update and confirmation:
Mr Dicks was detained at JFK Airport, New York, by officers of the Port Authority of New York, whilst travelling from London to the US on non-Sportingbet related business. Mr Dicks has since attended a hearing in New York City. At this hearing he was served with a warrant for his arrest initiated by the Louisiana State Police for the alleged violation of Louisiana State laws relating to gambling by computer (LA R.S. 14:90.3(E), Gambling by Computer).
The charge is levelled against Mr Dicks by name and a further hearing is expected next week.
The Group itself has not received correspondence from any US authority regarding this or any related matter. The Company is closely monitoring the situation and will continue to operate as normal.
Sources within Sportingbet tell us that the company believes it is operating legally according to current US law and is in compliance WTO standards. If need be, the company is prepared to defend its position in court.
For the good of the industry, I hope that they do. Say what you like about the group, but with the size of the company and the money behind them they're not one to piss about with.
Any news as to why the Peter Dicks thought it was a good idea to take the particular travel route he did?
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.
Comment
althelegend
SBR Wise Guy
07-28-06
596
#63
Dicks was in NY on business unconnected with Sportingbet.
He is a director of several U.S. companies not connected with gambling.
The authorities have got the wrong man, really. Dicks does not play an active role in the running of the company.
The person they really want is the CEO, Nigel Payne, who, incidentally has a holiday home in Florida.
He may well be vacating elsewhere for a while,at least.
Comment
tacomax
SBR Hall of Famer
08-10-05
9619
#64
Originally posted by althelegend
Dicks was in NY on business unconnected with Sportingbet.
He is a director of several U.S. companies not connected with gambling.
But why on earth - irrelevant of the purpose of his trip - did he think it was a good idea to travel there after the BoS fiasco? And of course, they've got the "wrong" man - the US authorities know that. But they're essentially holding the guy hostage for the "crimes" of others.
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.
Comment
JoshW
SBR MVP
08-10-05
3431
#65
I got paid my full Sportingbet request this evening. Took 30 hours, but that is about the norm for me. Still waiting on Hollywood, but not concerned.
Comment
pags11
SBR Posting Legend
08-18-05
12264
#66
these guys are truly screwed...
Comment
tacomax
SBR Hall of Famer
08-10-05
9619
#67
The Times September 09, 2006
Sportingbet wants to be a runner again on AIM
By Dominic Walsh and James Doran
The firm whose chairman is being held in the US wants its shares relisted
SPORTINGBET, the internet gambling group whose chairman was this week arrested in New York, was in urgent discussions last night with Stock Exchange officials and its advisers with a view to resuming trading in its shares on AIM early next week, The Times has learnt.
The company asked for trading in its shares to be suspended on Thursday morning as soon as it became aware that Peter Dicks, its non-executive chairman, had been arrested at JFK airport late the previous evening on a warrant issued by Louisiana State Police.
Mr Dicks had been travelling to a board meeting of Nasdaq-listed Standard Microsystems, of which he is also a director.
The move to resume share trading is in stark contrast to the rival BetOnSports, whose shares remain suspended almost two months after the arrest of its then chief executive, David Carruthers, on US racketeering and wire fraud charges.
The news suggests that Sportingbet, unlike BetOnSports, has no intention of closing its US-facing gambling operations. Analysts believe that BetOnSports, which is struggling to repay money held in customers’ accounts, may not survive.
The decision on when trading in Sportingbet shares can restart will depend on clarification of Mr Dicks’s legal position over the weekend.
Mr Dicks was last night given $50,000 bail after being held in New York’s notorious Rikers Island prison.
On Thursday evening, Mr Dicks had been refused bail by New York City Criminal Court, after the judge claimed that the court lacked the authority to make such a decision. Peter Neiman, Mr Dicks’s lawyer, had told the court on Thursday: “He is really not a flight risk. This is not some mobster who has connections to the crime world.”
Mr Neiman was last night continuing to oppose an extradition of Mr Dicks to Louisiana, where he is accused of illegal internet gambling.
According to a statement from Sportingbet yesterday, Mr Dicks was arrested “for the alleged violation of Louisiana state laws to gambling by computer”. The state’s laws differ from the 1961 Wire Act, under which Mr Carruthers was arrested, in that they explicitly bar internet gambling.
The company, which said that it “continues to operate as normal”, added: “The group itself has not received correspondence from any US authority regarding this or any related matter.”
However, the Louisiana state police have made clear that the arrest of Mr Dicks relates to continuing investigations into the activities of Sportingbet and that further warrants have been issued against other unnamed individuals.
Under Louisiana laws, those convicted of running a computer gambling operation face a sentence of up to five years in jail “with or without hard labour” and a $20,000 (£10,700) fine. The laws appear to make no distinction between sports betting operations, covered by the Wire Act, and casino and poker games, which are deemed to fall outside its scope.
Paddy Whur, licensing partner in Walker Morris, the solicitors, said: “No one who operates within the industry can be sure whether a warrant is in existence for them.”
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.
Comment
Dark Horse
SBR Posting Legend
12-14-05
13764
#68
All posturing by a rogue government. Refuse to be intimidated, because that's what they want.
This country does not belong to them. F*ck 'm!
Comment
tacomax
SBR Hall of Famer
08-10-05
9619
#69
Paddy Whur, licensing partner in Walker Morris, the solicitors, said: “No one who operates within the industry can be sure whether a warrant is in existence for them.”
I bet Tej is pretty sure that there's one waiting for him.
Originally posted by pags11
SBR would never get rid of me...ever...
Originally posted by BuddyBear
I'd probably most likely chose Pags to jack off too.
Originally posted by curious
taco is not a troll, he is a bubonic plague bacteria.