Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Results 1 to 2 of 2

Thread: BetonSports Prepares to Close Offices

  1. #1
    Casinomeister's Avatar
    Casinomeister is offline Cheermeister Achievements:
    Meister ReferrerVeteranCreated Album picturesCreated Blog entry50000 Experience Points
    Join Date
    Jun 1998
    Location
    We be chillin'...
    Posts
    19,407
    Blog Entries
    7
    Thanks
    3,332
    Thanked 11,760 Times in 4,023 Posts
    Rep Power
    15
    Reputation Points: 62079

    BetonSports Prepares to Close Offices

    Embattled sports betting company BETonSPORTS (BoS) told its employees today that it would be shutting down its Costa Rican and Antiguan offices.


    Rumors of a shut down, perpetuated mostly by online tabloids, have spread
    like wild fire since Monday. A company spokesperson today confirmed that BoS upper management terminated approximately 800 employees this afternoon, although he could not confirm the effective date.

    The company's Web site, BETonSPORTS.com, has been non-operational since July 19 when it shut it down in partial compliance with the temporary restraining order issued by the United States Attorney's Office in the Eastern District of Missouri. The TRO has since been extended until Aug 14. when another TRO hearing is scheduled.

    One major issue that remains unanswered is whether or not and when BoS
    customers will get their money back. The TRO orders the company to return all money to U.S. account holders, but thus far BoS has failed to do so.

    U.S. Attorney Catherine Hanaway said the U.S. government has every right to
    seize the money if BoS does not return it.

    "In all kinds of crimes we forfeit money that someone has paid," she said.

    A BoS executive told the Associated Press that the company is working on
    returning deposits and pending wagers.

    "Customers will get their money," the executive said, adding that because of
    the TRO, some payment processors have stopped doing business with BoS,
    causing them to have no way to transfer the bulk of the money to gamblers.

    "We are in a difficult position," the executive said.

    The BoS spokesman said the company would release an official statement on
    Friday morning including information on the closing date and the status of
    U.S. accounts.
    Beer is living proof that God loves us and wants us to be happy
    ~Ben Franklin

    Useful links: ~ Accredited Casinos ~ I-Gaming Representatives ~ Evil Section ~ My Wish List ~ Donate Now!

  2. #2
    The Watchdog's Avatar
    The Watchdog is offline Senior Member
    Join Date
    May 2006
    Location
    Costa Rica
    Posts
    558
    Thanks
    73
    Thanked 95 Times in 75 Posts
    Rep Power
    29
    Reputation Points: 463

    Not preparing...

    The have already closed their operations...

    1400 people in Costa Rica looking for a job right now.

    Unfortunately, since most of them were phone answering "robot" bookies, thats pretty much what they can do...

    Good thing is that several companies like Hewllet Packard,IBM, Cisco, Sykes and several other companies are oppening call centers...

    It seems that BoS will be increasing their activity in Asia, as far as for BETONSPORST.COM - online sportsbooks and wagering, millenium sports and the V.O Group which recently was absorbed by BoS, their days are over.

    Much have been said, but the truth is that it will be hard for the US to keep doing this with other operations.

    It was an awful strike for the gambling industry, but I am pretty sure the earthquake has passed.

    For all those fellow citizens, the best wishes for you. I am pretty sure a lot of guys in BoS who were making good $$$ probably are thinking that they must had learned something more than taking a Parlay over the phone through those years about the gambling industry.

    Never the less, donīt give... and I hope you all get paid what you deserve

Similar Threads

  1. PR: CONGRESSIONAL VOTE TO BAN ONLINE GAMBLING IS A
    By Casinomeister in forum Casino Industry Discussion
    Replies: 5
    Last Post: 1st September 2006, 10:54 PM
  2. Are the American Sheeple next???
    By Lord_Have_Mercy in forum Online Casinos
    Replies: 17
    Last Post: 21st July 2006, 07:30 PM
  3. PR: BETonSPORTS CEO Cements Role as Lead Advocate for Regulation
    By Casinomeister in forum Casino Industry Discussion
    Replies: 4
    Last Post: 5th April 2006, 08:47 AM
  4. PR: BETonSPORTS Remains Committed to Regulation
    By Casinomeister in forum Casino Industry Discussion
    Replies: 0
    Last Post: 16th February 2006, 09:01 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.