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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 :
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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