Premierbet source of new slow-pay complaint; company stock suspended

[bigboydan]

Premierbet (SBR rating D-) source of new slow-pay complaint; company stock suspended.
Premierbet's parent company, Interactive Gaming Holdings plc has announced today that it has not received the interim funding needed and its "financial position has become uncertain."

Player:

I see from your site that other people are suffering with Premierbet. I am delighted that you are highlighting this. Other sites seem too cowardly or inefficient to let people know. I have withdrawals to the total of £4100 outstanding since 16 July . I can't understand how they are allowed to go on trading. My account is still open, and I have £1500 credit still showing. Can you advise me on anything I can do? They are ignoring my emails,and phone calls are directed to a London number which is constantly on answer machine.

[chachi]

No big surprise, but ...

Interactive Gaming Holdings PLC

20 August 2007

Interactive Gaming Holdings Plc
('IGH' or the 'Company')

Suspension of Operations, Directors' Resignations and Nominated Adviser and
Broker Resignation


The Company announces that as of today it has ceased to take bets pending
clarification of the financial uncertainty notified on 17 August 2007. The
Company is continuing its discussions with General Capital Venture Finance
Limited and another potential funder.

Mitchell Petchenik and Robert Spriddell have both resigned, as Executive Vice
President and Non-Executive Director respectively, with immediate effect.
Arbuthnot Securities Limited has resigned as the Company's Nominated Adviser and
Broker with immediate effect.

The Company's shares will continue to be suspended from trading on AIM pending
clarification of its financial position and the appointment of a new Nominated
Adviser. If the Company fails to appoint a new Nominated Adviser within a month
its shares will be cancelled from trading on AIM.

The Company will make further announcements as and when appropriate.

For further information:

Interactive Gaming Holdings Plc Tel: +44 (0) 20 7745 6278
Thomas J. Taule, Executive Chairman

https://www.igh.com

tom@igh.com

[Bill Dozer]

Thanks Chachi! Hopefully they have taken this step when early enough as a responsible bookmaker.

[Justin7]

Payment issues are still trickling in against Premierbet.

[bigloser]

Log in to Premierbet you get this message

"Premierbet regrets our site is temporarily unavailable for essential maintenance work. We apologise for any inconvenience this may have caused and will be back as soon as possible.."

I cant believe they would post such a blatant lie, why not

"Premierbet regrets our site is unavailable . We apologise for any inconvenience this may have caused and will be back as soon as possible.."

No need to lie