from sbr
12.31.2005 (12:31 AM CST) |
RichCoast Sports (SBR rating F) promoter scrambles.......
UPDATE: Industry leader BetCRIS(SBR rating A+) secures bailout for clients of Rich Coast Sports.
Rich Coast Sports collapsed 5 days ago claiming they were "upgrading". Frantic clients were denied access to their funds after SBR reported this book was in serious trouble. A watchdog promoter specializing in promoting new, unknown sportsbooks has reportedly put a shaky deal together to recover player balances without a rollover(additional wagering typical in a failed sportsbook bailout). Absent of the bailout details, SBR advises clients of Rich Coast Sports to cash out their balances by the fastest means offered regardless of cost.
12.31.2005 (10:33 AM CST) |
SBR confirms with management at CRIS that they will secure Rich Coast Sports balances.