6/21/2007 06:48 PM
Betempire (SBR rating F) officially closed; stiffs players
The sportsbook's website displays a message saying that Empire has closed and that sister site, Superiorbook (SBR rating D+) "is offering players an opportunity to continue playing and keep their balances while using the same user ID and password." The notice, which is signed by manager Frederick Gray who left the company last month, makes no mention of the 15 time roll-over requirement for users who wish to make a withdrawal. Empire has been online for the past two weeks despite the "bailout" press release issued on June 8th.
6/8/2007 11:07 AM
Betempire (Empire Sportsbook) to close; won't pay players?
SuperiorBook (SBR rating D+) has issued a press release titled "SuperiorBook.com- Acquires betempire.com." The release states that players will be required to bet their Empire Sportsbook (SBR rating C-) balances 15 times through before withdrawing and calls the account transfer a "bailout program." SBR is attempting to reach both Superior and Empire contacts to find out the status of player accounts. Up until now, Superiorbook has been a licensee brand serviced and controlled by betempire, using its accounting, hosting and betempire's proprietary software, SportsPulse. It is unknown if betempire is attempting to keep player balances as the NBA season ends by shifting balances within its own products, or, if the book is unable to pay and the former white label partner will carry on. | See Superiorbook press release