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Old 08-13-06, 12:45 PM   #1 (permalink)
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BetOnSports shutting down U.S. services
LONDON — BetOnSports PLC, the British-based Internet gambling company that has been charged with fraud and racketeering in the United States, said Friday it will shut down its services for American gamblers.
BetOnSports said it plans to stop operating in Costa Rica and Antigua — from where it accepted wagers from tens of thousands of customers in the United States — as soon as possible following a U.S. federal court order for the company to stop taking bets from the country.
The company said the decision would allow it to gain more sales from outside the United States, in Europe and Asia, to help it pay creditors.
However, Wayne Brown, an analyst at Altium said the decision was the “worst case scenario” that effectively spelled the end of the company, which currently generates almost three-quarters of its business in the United States.
The company took in wagers of $735-million and had 50,000 active players in the first quarter of this year.
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Old 08-13-06, 12:46 PM   #2 (permalink)
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there all done kaput Finished
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Old 08-13-06, 02:10 PM   #3 (permalink)
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all i can say is thank god i dont have any $$ in their books!
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Old 08-13-06, 02:26 PM   #4 (permalink)
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I wonder if the US players who had money in BOS and sisters will get paid? That would be a travesy to them and the industry if they do not.
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Old 08-14-06, 12:27 AM   #5 (permalink)
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alot of people had some coin with them hope they get paid
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Old 08-30-06, 06:46 PM   #6 (permalink)
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there phone lines are back up and goin..... so i was told today
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Old 08-30-06, 08:45 PM   #7 (permalink)
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if their phones are operational i suggest anyone who has any kind of money in there calls them immediately and cashes out....and if u dont have money in there dont put any in, better books out there that are reliable
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Old 08-31-06, 01:16 AM   #8 (permalink)
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Quote:
Originally Posted by naught33
if their phones are operational i suggest anyone who has any kind of money in there calls them immediately and cashes out....and if u dont have money in there dont put any in, better books out there that are reliable
lol Everone Will Be Payed With In 2weeks to 2 Months Right on
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