Hooligans Sportsbook

Matchbook gives US accounts the heave ho

  • Start date
  • Replies
    36 Replies •
  • Views 3,126 Views

Mudcat

yap
Since
Jan 27, 2010
Messages
32,603
Score
436
Tokens
0
I ain't American but I sure as hell don't like it.





MATCHBOOK STATEMENT
The Matchbook betting exchange would like to confirm that it has undergone a change of ownership, pending certain formalities. Upon title transfer, at midnight February 27th, Matchbook betting exchange will no longer be facilitating the placement of wagers in jurisdictions where Matchbook operations are seen to be non-compliant.

As a result, Matchbook will order the immediate suspension of all gaming business with all accounts registered from a US address, and players who hold such accounts, will no longer be permitted to use the betting exchange. These account holders will be contacted with precise instructions and given 31 days by which they must make a one-time withdrawal of all balances held on the Matchbook betting exchange.

In addition, we would like to affirm that the new Matchbook management and ownership is in no way affiliated with WSEX or any previous ownership. The new owners and management look forward to heralding a new dawn in financial prudence and stability, while continuing to offer a world class betting exchange with improved global sports offerings. Matchbook intends to expand our operations into the European and Asian markets through encouraging a steady increase in event liquidity as well as expanding payment channels into these markets. Please stay tuned for further updates in the coming weeks.
 
I don't get it.

I know for a fact their US post up debt is in the millions, why buy the site just to pay that out and then close. It's not like the product is anything special. The software sucks. If they were gonna go credit only fine, but it seems they pulled us credit as well.