How's Hollywood these days?

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  • Dark Horse
    SBR Posting Legend
    • 12-14-05
    • 13764

    #1
    How's Hollywood these days?


    They were downgraded from A+ to B to C+ to C in 16 days back in May of 2006. This was back when SBR was on top of books and would downgrade them like that.

    Then there was another downgrade to D+ the next year. Then nothing for three years, and then an upgrade from D- (?) to D+ in 2010.

    I forgot the detail, but I think it was related to processors; which a lot of books have had problems with since.

    So where do they stand today in terms of financial security? Have there been complaints since 2006 and 2007?
    Is this still the old Hollywood? I seem to remember they changed ownership, but it could have been Canbet.
  • unluckysob
    SBR MVP
    • 05-21-08
    • 1527

    #2
    they were my main book in 2003-2004----claimed they would take $100,000 bet.----I never had a problem getting paid a dime or two.
    Comment
    • Dark Horse
      SBR Posting Legend
      • 12-14-05
      • 13764

      #3
      I forgot. They were taken over by sportsbook.com. I guess that means they're off the radar.
      Comment
      • dark star
        SBR MVP
        • 01-04-09
        • 3900

        #4
        I was paid very quickly a few months ago.I might re-up with them
        Comment
        • wrongturn
          SBR MVP
          • 06-06-06
          • 2228

          #5
          It is totally different from the old Hollywood in 2006, only the name is same. It is similar to the situation of old VIP vs current vip site.
          Comment
          • HollywoodSB
            SBR Hustler
            • 05-24-10
            • 55

            #6
            Hello thanks for your interest in our brand.

            We want to reiterate that Hollywood is in fact completely independently owned and operated from SB.com or Jazzette and has been for over 5 years now. 1n 2005 or so Hollywood was fortunate to have been acquired by the biggest brand in the gaming industry Sportingbet PLC... The Brits ran the business as they saw fit, right, wrong or indifferent.

            Fortunately due to the changes in the law, in 2006 the brand quietly but immediately reverted back to some previous common ownership elements and basically ran itself.

            In April of 2010 a complete new management team, led by Bob Evans was brought in to revive the brand to compete effectively in todays’ market, complete with a new website and marketing strategies. Ownership is as committed as ever to restoring the brand to its former glory days as one of the premier brands in the industry. Old school plus new school. A perfect combination

            However we chose to continue to use remain a licensee on the SB platform based on the strength of their payment processing and risk management departments. The financial strength of SB.com is unparalleled in the industry due to the behometh it truly is which at times can cut both ways. One thing is for sure..your funds are completely safe here as there is nothing like having unlimited funds from a sale to one of the biggest companies on the London Stock Exchange and a sell back for pennies. The place is run like IBM

            We have our own customer service and marketing departments whose mandate is to ensure our players enjoy playing with us. Our site’s content, promotions and contests are totally unique.

            Additionally, You may have multiple accounts under the various independent entities on their software as long as you are not using the different brands to circumvent limits or anything else that might be contrary to our respective House Rules.

            If you have any other questions, please contact us at crew@hollywoodsportsbook.com
            Comment
            • laconic
              SBR High Roller
              • 11-02-08
              • 120

              #7
              What a load of old tosh. If it walks like a duck and quacks likes a duck.... It is priced up and risked managed by SB, therefore you get the exact same outcomes. If fact I found them more aggressive than other SB licensees. I was on $10 limits (in my chosen betting area) BEFORE I had placed my first bet with them. Since I always enter books taking no bonus I could leave as promptly as I joined. Waste of time; especially if you have already been to other licenees.
              Comment
              • relaaxx
                SBR MVP
                • 06-15-06
                • 3281

                #8
                Originally posted by Dark Horse
                http://www.sportsbookreview.com/sbr/hollywood/

                They were downgraded from A+ to B to C+ to C in 16 days back in May of 2006. This was back when SBR was on top of books and would downgrade them like that.

                Then there was another downgrade to D+ the next year. Then nothing for three years, and then an upgrade from D- (?) to D+ in 2010.

                I forgot the detail, but I think it was related to processors; which a lot of books have had problems with since.

                So where do they stand today in terms of financial security? Have there been complaints since 2006 and 2007?
                Is this still the old Hollywood? I seem to remember they changed ownership, but it could have been Canbet.
                Originally posted by dark star
                I was paid very quickly a few months ago.I might re-up with them
                i have been playing there with no problems at all. payouts or anything else. lots of contests,perks and ways to get free money like the a-lister club, based on the more you risk the more they will put back in your account monthly. the thing that effects me and i don't think it should, is the risk management from SB. made some money on their great lines years ago when they were not very good at putting out lines for live betting. easy to beat is an understatement. so i am limited on live betting at a book i joined only a while ago without taking avantage of any lines in live betting. but even with that limitation i still like the place. my last payout took less than 2 weeks by a method that at their site states 6-8 weeks. one of the few places cs seems to know their stuff. when i call with a question, it gets resolved, i know i will not have to call back, to double check on what i was told. anyone looking for another out would do fine at hollywood
                Comment
                • Dark Horse
                  SBR Posting Legend
                  • 12-14-05
                  • 13764

                  #9
                  Originally posted by HollywoodSB
                  Hello thanks for your interest in our brand.

                  We want to reiterate that Hollywood is in fact completely independently owned and operated from SB.com or Jazzette and has been for over 5 years now. 1n 2005 or so Hollywood was fortunate to have been acquired by the biggest brand in the gaming industry Sportingbet PLC... The Brits ran the business as they saw fit, right, wrong or indifferent.

                  Fortunately due to the changes in the law, in 2006 the brand quietly but immediately reverted back to some previous common ownership elements and basically ran itself.

                  In April of 2010 a complete new management team, led by Bob Evans was brought in to revive the brand to compete effectively in todays’ market, complete with a new website and marketing strategies. Ownership is as committed as ever to restoring the brand to its former glory days as one of the premier brands in the industry. Old school plus new school. A perfect combination

                  However we chose to continue to use remain a licensee on the SB platform based on the strength of their payment processing and risk management departments. The financial strength of SB.com is unparalleled in the industry due to the behometh it truly is which at times can cut both ways. One thing is for sure..your funds are completely safe here as there is nothing like having unlimited funds from a sale to one of the biggest companies on the London Stock Exchange and a sell back for pennies. The place is run like IBM

                  We have our own customer service and marketing departments whose mandate is to ensure our players enjoy playing with us. Our site’s content, promotions and contests are totally unique.

                  Additionally, You may have multiple accounts under the various independent entities on their software as long as you are not using the different brands to circumvent limits or anything else that might be contrary to our respective House Rules.

                  If you have any other questions, please contact us at crew@hollywoodsportsbook.com

                  Why not talk here some more? If what you say is true then SBR should have a renewed interest in the book and possible future upgrades.

                  First of all, I put some of your response in bold lettering (and added a little sexygamblerchick flavor for those who knew her). So 'you' or 'the company' sold the company at a high, and then bought it back at a low. That's the way to trade. Congrats. But if that is the case, and maybe I'm reading it all wrong, then why did you not pay the players that were stiffed in the process? Why, if you made such a fine profit, did you wash your hands off those accounts?
                  Comment
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