i am curious what you guys think.
my pick is Sportsbook.com
my pick is Sportsbook.com
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BodogComment -
It will get harder for the DoJ. I say that because no one is traveling to the US anymore.
I mean before everyone came to the US, to Vegas, change planes, holidays and so forth.
They could indict them like they did WSEX 7 years ago. But that didnt stop WSEX. So whats next?Comment -
yep, USA sucks now especially you have so many options overseas...macau is already surpassing vegas in revenues. plus with this terrorism bs, going to the airport is like going to a holding cell. if those people never step a foot in the USA soil, then there is nothing the DOJ can do.Comment -
BoDogComment -
agree with Bodog also.
next would be books that do business with USA probably in order of volume, so they'd like to get the 3-4 good books that people actually use.... if they can find a way.
The small books probably just fail on their own.Comment -
you guys think the greek is in danger too? what about bookmaker? 5dimes?
those are probably the biggest 3 doing business in the usa.Comment -
They can't do anything unless they go to the USA, unless they want to arrest people in sovereign nations, which will make you even more of a joke on the world stage.Comment -
The remaining major books are private and managed by department and aren't run day to day, or solely by one person. Private book owners have been away for legal reasons or indicted and the books went on as usual. This wasn't uncommon before the public companies folded once their head janitor walked into a US airport.
The breed of book that is left has other liabilities like processing but I don't see any of them collapsing because of a "bust."Comment -
I thought it would be Bodog, because of their high profile, but with the debate on internet gambling being rekindled, that is exactly why it will not be Bodog. A company that is all over our tv, and whose owner was on the cover of Forbes, is too high profile. Arrest Ayre and everybody will be talking about the anti-gambling legislation. The whole idea behind slipping in this legislation in an unrelated bill was that nobody talked about it, even on the Senate floor...Comment -
I would vote that the next major book to get busted or run off overnight will be Bodog as well....Comment -
Its hard to imagine the owner of a book in US custody somewhere keeping the book up and running. Likely anybody who gets caught and is in jail in the US is going to be saying whatever it takes to make the goons happy.
All it would do is keep increasing the persons sentence when the hammer dropped. In fact, he or she could do the sentence and be indicted again for the extra time the book ran.
If you're going to court for indecent exposure, it aint a good idea to walk around the jailhouse with Mr. Johnson hanging out.Comment -
I say noneComment -
Take WSEX; both the guys who run that shop were charged already. Did WSEX miss a beat? No. Been 7 years now and they are still an A+ book.
So what happens if they charge Calvin? Anything? History tell us not too much.
I think we will see all of them charged and every book named. But it will start and stop there a la WSEX.Comment -
The safest books are owned by a large group of private individuals
The truth is we really don't know. THe probability of a book going bust and taking our money is much higher than it use to be.
THere is also an increased probability of losing our money at a book that goes out of business, because the sportsbetting industry as a whole is not doing well.
The later possibility is more likely. The major books that remain are set up so an arrest of a leader doesn't terminate operations.
Books owned by just one person could be a problem if that one person gets arrested.
The safest books are those owned by a group of private individuals, so if one of them gets arrested, the others just keep the operation going forward.
Perhaps the biggest danger is having money seized that a book tries to pay us. In the case of neteller, they stopped making the payments, rather than having them seized. I don't know if a book would do that. They might say it was seized, and it is no longer our problem.Comment -
Is there a reason why y'all here think that Bodog will be next to get busted?Comment -
When you show up in Forbes saying "Catch Me If You Can" and bragging about not paying taxes from US earnings, and already have a criminal background known the the US law enforcement authorities, I'd say you are target No. 2.
The real target No 1 of the Americans is the people behind Calvin Ayre. It is through the investigation of that person or persons that the Bill came on Ayre. The idea is that once they get him in custody, he will put the finger on everyone else above him. The Canadian cops, the US cops, they are all getting the whole package together on Bodog right now and something will pop in the next few months.
Depending on what Ayre knows, or who he knows, and who he fingers, the whole castle could come crumbling down.Comment -
Darth,
They already know. Plenty have been busted and NO major operator is any cleaner than Calvin.
With the take down of BOS I'd say the Feds have some good info on BOS's one time partner BetUS. BetUS has taken steps to protect their operation. SBR does not consider the risk to BetUS customers as very significant and even less to a book like Bodog.
As I said, WSEX was indicted about 8 years ago and has not missed a beat. If BoDog or even BetUS is indicted they should not miss a beat either.Comment -
SBRJohn,
I sure agree with you on that statement that if any of those gets idicted that it will affect them very much. With BetUs moving some of their operations to Panama though will it make a big difference on how they operate now? Does that give them a higher score eventually or a lower score? I guess it remains to be seen I think.Comment -
I'm not sure. They need to do it right. Panama requires a license and so far there is no record of them applying.
I've said before that this could be a decent book. They have critical mass. What hurts them is they offer profit-negative bonuses and then they try to find a way to give the player a haircut when they get beat. We have talked face-to-face with them about this and pleaded for them to stop this practice. They could make a lot of money operating like an A+ book. Hopefully one day they will.Comment -
they seem to run like SIAComment -
What Im trying to reason with you is they dont need calvin or anyone else. They got Gary kaplan in jail right now. He's a prize a 100x that of calvin and he is a US citizen to boot.
There is nothing that any of these guys can rat out that will help. Again, the DoJ didnt need any help charging WSEX 8 years ago right? The DoJ doesnt need any help charging these guys, thats a given. But as in the WSEX case, they cant stop them. They can only arrest them if they come to the US. And they aint coming.Comment -
that would be one..with some $ being tossed around for favors...Comment -
Extradition to a country that ignores the WTO ruling? (Or the Geneva Convention for that matter.)
Some people really, truly, and honestly believe the US is 'tha world'.
To state the obvious. US laws don't necessarily apply overseas...Comment -
the most powerful nation in the world. whether anyone wants to admit it or not. i have no doubt that they have the ability to nail someone offshore.Comment
