Betting exchange-style sportsbook BetBug closes
BetBug (SBR rating C+) is owned by Trident Gaming, which sold Gamebookers (SBR rating B-) to PartyGaming in August of last year. Despite innovative download-required software and a 2006 marketing campaign, BetBug was unable to capture targeted U.S. business and compete with exhange-style books, Mansion and Matchbook.
BetBug.com:
BetBug (SBR rating C+) is owned by Trident Gaming, which sold Gamebookers (SBR rating B-) to PartyGaming in August of last year. Despite innovative download-required software and a 2006 marketing campaign, BetBug was unable to capture targeted U.S. business and compete with exhange-style books, Mansion and Matchbook.
BetBug.com:
While we continue to believe that BetBug’s true peer-to-peer software does abide by all major Federal gaming laws in the United States, the current legal environment seriously deters our chances of success. We hope to be able to reintroduce the software to the public at a later date.