WagerShare - Closure of US Operations

Pastorsinalot

Pastorsinalot

EOG Addicted
For the casino players

Hi All

Our parent company Fairground Gaming Holdings Plc have been advised that the Safe Ports Act, which contains the Unlawful Gambling Enforcement Act, will shortly receive Presidential approval and be passed into law. This is the first US Federal measure to explicitly address internet gaming and the Board has thus concluded that it is now appropriate to suspend participation by US-based customers in the company's casino and poker activities. This suspension will be implemented immediately upon this legislation taking effect. As such your existing US players will no longer be able to play but you will be paid for any net revenue generated by these players up to this time. More information as to how these payments will be structured will be released later today.
Click to expand...

Source
 
S

sean1

EOG Dedicated
Re: WagerShare - Closure of US Operations

Congress did good.

They got every major publicly held company to bail (Except sportingbet so far)

They got many minor poker rooms to bail.

As far as I know, not one major or minor privately owned sportsbook has changed anything.

Way to ensure that we can no longer play at the world's biggest sportsbooks backed by public money, but now we can all play at betwiththemob.com


Sean
 
patswin

patswin

EOG Veteran
Re: WagerShare - Closure of US Operations

I still can't believe all the books and casinos that are closing US customers. Aren't we too big of a market to shut out? How are these places going to make it with so much less of a customer base?
 
LeeSaidSo

LeeSaidSo

EOG Member
Re: WagerShare - Closure of US Operations

Call me crazy, but this may have a lot to do with Costa Rica. Here's my theory. Costa Rica remains one of the very last countries in CA to sign the TLC or NAFTA, whatever you wish to call it. Gaming in CR must make up a decent size of the Costa Rican GNP. With gaming in place in CR, who needs the NAFTA or TLC, people are working, (a lot of people) and many of them locals. High level managers and owners are pumping lots of money into the CR economy, houses, cars, medical, etc. The US needs CR to sign the NAFTA. This may be one way to do it. Knock down the thriving part of the existing economy in CR and replace with NAFTA. Call me crazy, but the USA has a very good reputation at playing extremely dirty since the beginning. And remember, Lee Said So.
 
You must log in or register to reply here.
Top