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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 :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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