BetPhoenix (SBR rating B-) in discussions to acquire BetMania (SBR rating D). Sources tell SBR that if the deal goes through BetMania will be maintained as a separate brand under BetPhoenix operation.
BetPhoenix in discussions to acquire BetMania
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bigboydanSBR Aristocracy
- 08-10-05
- 55420
#1
BetPhoenix in discussions to acquire BetMania
Tags: None -
sofunSBR Sharp
- 05-22-08
- 361
#2wowow for real? BBDComment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#3Thats what sources are telling us sir.Comment -
bmw530iRestricted User
- 04-19-08
- 4058
#4BBd ur signature is epic.....ahahaha his middle finger is like 3d...hahaComment -
sofunSBR Sharp
- 05-22-08
- 361
#5it seems like Betphonix is taking serious in this market and willing to expand their market.Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#6It's probably a combination of things really. I mean It's no secrete that BetMania has been hurting for a while now.Originally posted by sofunit seems like Betphonix is taking serious in this market and willing to expand their market.Comment -
blackbartSBR MVP
- 12-04-07
- 3848
#7i take this to be a good thing, and what do you mean by 'hurting"?Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#8What I meant was that they were having payout issues not to long ago (in the summer time) as well as some changing of software related troubles as well sir.Originally posted by blackbarti take this to be a good thing, and what do you mean by 'hurting"?Comment -
MudcatRestricted User
- 07-21-05
- 9287
#9They are still having payout problems today. Fred is a nice guy and he seems to be making an honest effort but it doesn't change the fact they have payouts that have been pending 6+ weeks.Comment -
blackbartSBR MVP
- 12-04-07
- 3848
#10six weeks that is not good
is that confirmed?Comment -
MudcatRestricted User
- 07-21-05
- 9287
#11To clarify, I personally have payouts that were requested over 6 weeks ago that are still pending.
To further clarify, I have gotten a few payouts from them. I'm not particularly concerned I'll be stiffed.
But yep - still waiting on 2 payouts initially requested in early August.Comment -
bigloserSBR Wise Guy
- 07-19-06
- 787
#12I have been trying to get a payout for 9 months. i was promised $2000 6 weeks ago. Still no sign of itComment -
blackbartSBR MVP
- 12-04-07
- 3848
#13what are the excuses for the delay?Comment -
MudcatRestricted User
- 07-21-05
- 9287
#14I'll see if I can illustrate what I have seen.
I decided I wanted to cash out in early August. It was a mid 4-figure balance. So first of all, they would only accept payout requests of $1000 max per day. And they said Moneygram payouts would take 1 week.
So I accept that. I enter requests 5 days in a row.
They go straight into slow-pay mode. That one week wait becomes 3. I don't remember a particular excuse. It was just the typical thing where they keep putting you off a few more days and a few more days etc.
A payout comes. Next day, I ask for the next payout which is now 3 weeks late. But in their mind, I just got a payout and payouts take a week so I can't get another for another week. So at this point it wasn't so much excuses as bureaucratic nonsense.
A week later, I get another 1K. A week later I get another. They did miss a week in there when they moved and switched over the website. But then we got back on track. I fully expect to get a Moneygram this week. If things keep going like this, by the time I get the final payout it will be 2 months after I requested it.
I have no explanation for what bigloser is experiencing. I know quite a few people who got slow-pays sorted out over the summer. I strongly recommend phoning Fred. The extension I have for him is #3001. He is very busy and is in a bit of a difficult situation but he seems to be making an honest effort.Comment -
blackbartSBR MVP
- 12-04-07
- 3848
#15thanks for the explanation
that is the same as my last payout more or less.
i guess they are payin, at least, but slowComment
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