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Old 07-10-2011, 11:51 AM
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Exclamation Sportsbook.com and related sites sold!

Just got this email and I know some of you use some of these sites for sportsbetting. Not sure if its true or not but better safe than sorry IMO...

Rumors CONFIRMED: Sportsbook.com and its related sites (playersonly.com and superbook.com) have been SOLD.
There's been no word of to whom or what will happen next. As a private company operating in this space, that's certainly their right. Their CS reportedly denies a sale; we know for a fact that the principals from over the last six years have left the country or are no longer involved in day to day operations.
This of course is not necessarily a bad thing. If they were purchased by a major outfit in the Philippines looking to enter the US market, they could return to their former strength (and maybe finally clear up that correlated parlay issue that continues to haunt them on the likes of SBR).
On the other hand, if there has been a "management buyout," as has been heard, with limited cash available, their weak middle management will be using your deposits to try to find their feet and resume operations for the NFL season. This, after laying off over 50% of their staff, losing their former COO, ex-Bodog Aaron Gould, and seeing their CEO leave.
With all of that up in the air, if you have a sportsbook.com, playersonly.com or superbook.com account, we recommend playing it safe and pulling your funds out now. Their CS line is 1-800-632-6088. There have been reports of very slow pay recently (see Covers.com forum in particular on the subject.)
You can always reload for football if things seem okay. (Demand a reload bonus!)
IndustryAlert was started recently by a handful of players who got screwed over by sportsbook and poker recent closures. When any of our players from around the world get word of impending doom, we alert this network.
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Old 07-10-2011, 12:05 PM
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Re: Sportsbook.com and related sites sold!

Quote:
Originally Posted by JM View Post
Just got this email and I know some of you use some of these sites for sportsbetting. Not sure if its true or not but better safe than sorry IMO...

Rumors CONFIRMED: Sportsbook.com and its related sites (playersonly.com and superbook.com) have been SOLD.
There's been no word of to whom or what will happen next. As a private company operating in this space, that's certainly their right. Their CS reportedly denies a sale; we know for a fact that the principals from over the last six years have left the country or are no longer involved in day to day operations.
This of course is not necessarily a bad thing. If they were purchased by a major outfit in the Philippines looking to enter the US market, they could return to their former strength (and maybe finally clear up that correlated parlay issue that continues to haunt them on the likes of SBR).
On the other hand, if there has been a "management buyout," as has been heard, with limited cash available, their weak middle management will be using your deposits to try to find their feet and resume operations for the NFL season. This, after laying off over 50% of their staff, losing their former COO, ex-Bodog Aaron Gould, and seeing their CEO leave.
With all of that up in the air, if you have a sportsbook.com, playersonly.com or superbook.com account, we recommend playing it safe and pulling your funds out now. Their CS line is 1-800-632-6088. There have been reports of very slow pay recently (see Covers.com forum in particular on the subject.)
You can always reload for football if things seem okay. (Demand a reload bonus!)
IndustryAlert was started recently by a handful of players who got screwed over by sportsbook and poker recent closures. When any of our players from around the world get word of impending doom, we alert this network.
I got out some time ago when I realized that they were no longer owned by a British company traded on the UK stock exchange. Too bad too - they gave good prices on the 'book and PlayersOnly was so, so, so soft.
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