SportsBook.com Disabling Canadian Accounts

bigboydan · 10-12-06, 10:33 PM

thats crazy halifax. there is no reason for them to disable Canadian accounts at all. this is just getting out of hand now if there doing that to our friends up north

moses millsap · 10-13-06, 12:23 AM

Did they give you an official explanation for having your account suspended?

Illusion · 10-13-06, 12:27 AM

Originally posted by Halifax

In an ironic twist of fate, it appears that Canadian and other non-US accounts are the ones that will be getting the shitty end of the stick.

Sportsbook.com just disabled my account .... no idea what the status is of this week's pending wagers and several futures that I have pending.

Leave it to SportsBook.com/EFS ... just when you thought you've seen every incompetent, idiotic thing that could be done by them, they go one step beyond.

That makes no sense at all. What a crock. Keep us posted with your pending wagers.

Halifax · 10-13-06, 01:55 AM

The Disposal

Sportingbet announces that it has sold, on 12 October 2006, its US-facing sports betting and casino business (the “US Operations”) to Jazette Enterprises Limited (“JEL”) (the “Disposal”). Sportingbet received cash consideration of US$1 for the shares and related assets of the US Operations, and has discharged excess liabilities amounting to approximately US$13.2 million. Had the business been closed, the Board estimated that the cost of severance and closure would have amounted to approximately US$14.0 million – a total saving of circa US$27.2 million.
Following the Disposal, neither Sportingbet, its Directors nor related parties will have any interest, commercial or otherwise, in JEL or the US Operations.

The US Operations employed over 500 people and the Board understands that JEL intends to preserve the operational structure to all material extent.
Under the terms of the Disposal, Sportingbet will retain the URLs and intellectual property of wallstreet.com, aces.com and sportingbetUSA.com though these will not be used for any US gaming purpose. In addition, JEL has agreed, for a period of two years, not to take bets from non-US residents and for a period of three years, not to take bets from customers outside the Americas region. Further, Sportingbet has retained the details of all non-US resident customers currently registered with the US Operations. Sportingbet will attempt to migrate those customers to its ongoing European business.

The Disposal is subject to a condition precedent that the Act is signed by the President of the United States and becomes law prior to the closing of the 109th Congressional Session. Should the Act not become law by the end of the 109th Congressional Session, JEL is entitled to payment of US$0.5 million, and the US operations will revert back to Sportingbet.

Canadians are getting the boot.

Halifax · 10-13-06, 02:00 AM

I phoned them tonight, and was told that all pending wagers were going to be graded "no action".

That's completely unacceptable.

I have 5-figures worth of pending wagers there that are now in limbo, including some future bets that are virtually certain winners (such as Santana for Cy Young).

I've already mentioned this at the Rx, since SportsBook.com is an advertiser, but SBR might want to look into it as well ... basically, they're stealing from the Canadian and other non-US players, as well as from the players in the banned states.

It's one thing to discontinue taking any future business from a particular group of players, but they have to let the pending wagers play out ... they can't be allowed to cancel them.

Scorpion · 10-13-06, 02:14 AM

Why they dont want to take bets from non -US residents?
I dont understand

bigboydan · 10-13-06, 02:17 AM

Thats just for shit Halifax!

You've definately got a winner in that Santana wager of yours, and there gonna f*ck you out of it. Now thats just flat out wrong!

I'm sure your already on top of this one bud, but send your info to Assistance@SportsbookReview.com and lets see if Mr.Dozer can see what he can do with these people on your behalf.

slash · 10-13-06, 02:20 AM

They should be downgraded to F immediately.

beetman · 10-13-06, 04:40 AM

I'm in the US and not even in one of the banned states, but my account with them was under the Paradise Poker skin and they've disabled my account and cancelled the pending wagers. That's theft, plain and simple.