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Time to look elsewhere, methinks!
That’s a biggie!
Quote:That’s a biggie!Yep, it sure is. Expected for some time, but its a biggie to see the scope of the investigation.
It was just a matter of time before the U.S gov’t realized how much they can get from these American friendly sites..couple million here dozen million there seems like their appetite has been aroused.
The issue wasnt servicing American players. It was Calvin’s assertion of “Catch me if you can”. They can and they did.
Aggitating the government and directly challenging their authority is never wise in any country. Bodog pushed the limits too far and will be reaping the results of that.
I do support them and applaud them for their courage in sticking by US players. I just think if they had been more discrete and less combative they probably never would have been bothered.
Well, for bodog the confiscated amounts are negligible. It remains to be seen which processors are affected and if this affects payout at all.
It’s a “shock and awe” move.
I am concerned it may lead to further decay of US operators. I would love to see the actual basis. Bodog has the Sportbook piece that is nothing but trouble
Just received this from Bodog by way of response, was shocked as have virtually never got any correspondence from them:
Good afternoon,
An article was recently released on Forbes.com that creates several misimpression’s that the Morris Mohawk Gaming Group feels compelled to clarify for our customers.
As most of our customers already know, all operators outsource payment processing functions to third parties and these payment processors are subject to regulatory constraints wherever they operate, and, occasionally in the US, are subject to legal action because of the uncertain legal environment there.
However, the seizure of funds from these US payment processors was mischaracterized in this article, which refers to two specific legal cases against US processors. Rightly or wrongly, the article does not make a clear distinction between these cases, which, as a result, paints a misleading picture.
The facts are these: the first of these cases – relating to a seizure of funds from a processor known as JBL Services – happened some time ago and has absolutely nothing to do with the current payment processing challenges being experienced in the US. The constraints being experienced by payment processors in the US are universal in that region and not specific to any particular processor or site. Also, note that not one single player failed to get paid when this processor was disrupted.
The second case refers to a payment processor known as Zippayments.com and seizure of funds from this processor’s bank accounts in Nevada. The article falsely implies – but notably does not go so far as to state – that $9.9M seized from Zippayment’s Nevada bank accounts were funds on account for “Bodog”. This is simply false.
Processing partners with whom the Morris Mohawk Gaming Group does business are sophisticated organizations that are perfectly clear as to the actual facts of these cases and their contexts. They are unfazed by such media hype and Morris Mohawk wishes to ensure that its customers are similarly informed. Customer deposits are safe and every player has and will always be paid.
Alwyn Morris
C.E.O.
Morris Mohawk Gaming Groupdeleted message as owldeath posted it just before me
I received the same. Interesting. Damn reporters.
