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Betonline New Management
4/16/10 - Two former BetonSports online gambling executives have joined forces to take over the troubled BetonLine.com, a sportsbook using DGS and Parlay Entertainment software licensed in Panama that was recently rated as a mediocre 2.5 at the respected and independent Bookmakers Review site - "bookmakers with more blemishes than strengths and/or vulnerable to problems and adverse business conditions."
The new owners are reportedly ex-BoS managers Clive Archer and Dalton Wagner, who both have extensive experience in the business and were with BoS when that company was taken down by the US Justice Department. Assuming the new team has the right sort of capital behind them, this experience should herald an improvement in operations.
The change of ownership may have been spurred by legal difficulties involving a reportedly founding member of BetonLine called Joseph J. Farfone of Ontario county. Farfone was the subject of press publicity in February this year and October last when he and 30 others were reportedly arrested on "bookmaking charges" and linked to a gambling ring that generated some $587 million.
The media reports recounted that Fafone was arrested at the airport on his way to Panama. BetOnline.com in Panama would not comment on any activities in the United States.
When InfoPowa went to press a confirmation from Betonline on the change of ownership was awaited.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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