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SPORTS BETTING INDUSTRY NEWS RSS

News on scam sports betting operations, events and business deals within the offshore sports gambling industry.

SBR Bill Dozer reports:

08.03.2006

DragonWager (SBR rating D-) unable to pay clients. Dragon blames their financial woes on "massive player chargebacks." The sportsbook’s software provider tells SBR it will consider turning the software platform off if withdrawals are not processed soon. Dragon has been downgraded from D to D-. Players should aggressively pursue all balances.

SBR Bill Dozer reports:

08.03.2006

SBR receives three slow-pay complaints from Royal Sports (SBR rating C-) bettors in two weeks. The latest complaint comes from a player who requested $3620 via bankwire on July 10th. Management assures the client that his funds will be processed today, meaning the player is looking at a one month turnaround. BetRoyal CFO tells SBR that strict new accounting policies will keep payments from being delayed and will be in place later this month.

PartyGaming Plc acquires Gamebookers (SBR rating C+)

08.03.2006

PartyGaming.com: PartyGaming, the world’s leading online gaming company, announces today that it has acquired the business and assets of Gamebookers, an online sports betting business, from Trident Gaming PLC (“Trident”) for an estimated net cash consideration of €102 million (after estimated working capital adjustments of €3.0 million).

SBR Bill Dozer reports: DimeLine Sportsbook

08.02.2006

is the latest FutureBet sportsbook to be inserted in the SBR rating guide. DLS has received an initial rating of D. The new book has chosen to use its own payment processor in an effort to avoid being financially dependant on slow-paying Futurebet. Players will likely be confused by the sportsbook’s name, as DimeLine Sportsbook does not have a dime line.

SCAM ALERT:

08.01.2006

Bet4Aces (SBR rating F) advertising new sportsbook, Sportsbook777. Viet777.com advertisements are currently running in a Vietnamese newspaper. Viet777.com redirects to Sportsbook777, which is a homepage for the same Bet4Aces system.

SBR Bill Dozer reports: PlayWePay (SBR rating D+)

07.31.2006

not honoring ’BetCasinoSports bailout’ terms. The bettor received a free account balance as part of a bail-out package for BetCasinoSports (SBR rating F) users and went on to win an additional $15,310. PlayWePay has increased the rollover requirement and is limiting the amount the player will receive to $6,885. SBR has received multiple complaints from players with other sportsbooks who were offered "relief" after being a victim of a fallen book, only to see the ’rescuing’ sportsbook fail to pay. Sports-Gambling (SBR rating D) received positive press for coming to the rescue of SunsetSports (SBR rating F-) victims but later deleted winning accounts.

SBR Bill Dozer reports:

07.30.2006

PointBet (SBR rating D+) management informs SBR that the sportsbook has obtained a UK bookmaking license and an office in London. SBR will pursue UK banking information before reevaluating Pointbet, which many players feel is an underrated sportsbook. Pointbet was downgraded from C- to D+ last year when SBR learned that the sportsbook was operating from Batam Island, Indonesia.

BookTheBet (SBR rating F) player owed $28,000

07.29.2006


The bettor originally requested his funds July 3rd and claims BookTheBet owner, Tony has only provided him with excuses. He states he was told that Tony was currently traveling, attempting to redeem funds owed to him by another player. The bettor tells SBR he was attracted to the site because it offered American Express as a deposit method. The no-pay sportsbook accepted the AMEX transfer under the name Business Plus Inc Hinsdale IL.

Bet7Moons enters SBR rating guide at D-.

07.29.2006

The sportsbook began online as GogoBet (not rated) over one year ago. Bet7Moons operates on the 3rd floor of Oficentro’s Building 4 and its customer service is managed by former manager and minority owner of failed sportsbook RichCoastSports.

SBRforum:

07.28.2006
Today is the last day new contestants will be eligible for the Grand Prize, A Trip for Two to Curacao, for the VIP Sports Bases Bankroll Contest. Current standings show posters Kdmfox, Manly and Stump in the lead and less than one unit apart! All players are eligible for monthly cash prizes through the end of the MLB regular season.

SBR meets with Sportingbet Plc management; year old dipsutes resolved.

07.27.2006

The sportsbook agreed to reevaluate previous decisions which resulted in multiple balance credits. Bonus and winnings confiscations have been reversed, as well as voided winning wagers dating back to last year’s British Open bet on Tiger Woods. The sportsbook is addressing the policies, or lack thereof, responsible for these actions. It is expected to stand by new universal policies that treat all players equally regardless of the type of action given to the book. New procedures include prorating bonuses for players asked to leave any of the many websites and settling winning bets made on obvious or gross errors at the correct market price (average betting odds) instead of canceling. The Sportingbet Plc family will be reevaluated once all pending issues are concluded and these new policies are solidified. Players with a complaint against the Sportingbet Group, which include Sportsbook.com (SBR rating D+), should contact SBR.

SBR Adds LiveChat Directory

07.26.2006


LiveChat can be the most uselful form of communicating with a sportsbook. It offers the benefits of email, supplying the user with a text record of the conversation, but communication is in real-time. See which sportsbooks offer LiveChat here.

SBR office Tours:

07.26.2006

View photos of BetMania (SBR rating B-) here.
The sportsbook’s new facility is located in Escazu, Costa Rica, and is still under construction. Management tells SBR they plan to be finished with the build-out before the start of the NFL regular season. BetMania recently launched with the help and resources of Skybook (SBR rating A-) but will operate as a separate book under same ownership.

BETonSPORTS plc terminates CEO

07.25.2006

Company Statement:
"BETonSPORTS plc Makes Announcement Regarding CEO
LONDON -- The Board of Directors of BETonSPORTS plc announced that on 24 July 2006 the contract under which David Carruthers acted as CEO of the Company was terminated. As a consequence, the Board has removed him as a director.
This action was taken as a consequence of Mr. Carruthers continued detention by US authorities. Clearly, while he remains in the custody of the U.S. Government he is unable to perform his duties. Further the company has been unable to speak directly with Mr. Carruthers."
Londonstockexchange.com

SBR Bill Dozer reports:

07.25.2006

StanJames (SBR rating B-) no longer servicing American bettors.
"I can confirm in the last 24 hours our company has decided that for the time being,at least until we get some clarity on the current situation with non US bookmaking companies,we will not be accepting wagers from US clients." - Stan James Customer Service
The sportsbook recently added Neteller as a banking option and began its first marketing campaign directed to US gamblers.

SBR reports from the San Pedro Mall:

07.24.2006

SBR interviewed clerks outside the BetOnSports (SBR rating D-) San Pedro Mall offices today, who said they were called back to work after a brief vacation. Although nothing should be concluded from this, it is encouraging news. Even more encouraging is that SBR has confirmed that new clerks, who are scheduled to start on the wagering floor this football season, are currently undergoing training. "Now Hiring" signs remain outside of the sportsbook.

PlayASAP (SBR rating C)

07.24.2006

rolled under BetCRIS (SBR rating A+). ASAP Sports was bailed out by BetCRIS in November of 2004 and has been operating independently in the CRIS building.

EasyBets (SBR rating D) users should request payouts immediately

07.24.2006


EasyBets, which was acquired by BetonSports (SBR rating D-) in May of 2005, is currently operating while BOS has frozen all accounts. With the future of its parent company uncertain, EasyBets bettors are advised to request their funds. The following URLs are domains of Easybets: 007bets.com, easybets.com, easy248.com, eb248.com, 248eb.com, 248vip.com, 248vip.net, 248cn.com.

SBR Bill Dozer reports:

07.21.2006

ActionBets (SBR rating D-) meets with SBR to discuss current situation. Ownership tells SBR that it is liquidating assets and that the majority of delinquent bettor accounts will be settled next week. For most players, this would be the final payment during one month of delays. SBR has also received seven complaints from ActionBets players whose accounts have been frozen for nearly two months. SBR will assist Actionbets with the assessment of these accounts. Players who hold frozen balances should supply Actionbets with a picture ID and two documents, such as utility bills, that confirm the address listed in their ActionBets account.