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FutureBet Resurfaces

Sunday July 24,2011 : Bad pennies have a habit of continually turning up
 
Bucking the trend set by several major sports book shutdowns this month is a relatively new arrival titled TopBet.com, which claims to have connections with the Tech Power Group in Tortola, BVI but is believed to be physically located in the Philippines, from whence it reportedly operates sports betting services to the United States (in  itself an illegal practice in the Philippines) along with online casino action powered by software from the Alderney-approved Beast Gaming company, with financial options through Curacao.
 
On closer inspection, however, it appears that the site is backed by Filipino and Chinese investors who have allegedly stumped up $1.5 million to finance a related online gambling services outfit in Manila titled World Hub Services.com.
 
More alarmingly perhaps, the Topbet telephone numbers are the same as those of a low-rated sportsbook branded Feltstars, which has been associated with the notorious Futurebet-Gametech-IGS software trio and the men alleged to be behind it, American Joe LaCascia and Canadian Noel Samson.
 
It is not known whether LaCascia is involved in the World Hub Services - Topbet venture, but usually reliable sources allege that Samson, who apparently still owes substantial monies to Canadian investors in another project, is the man behind the TopBet enterprise.
 
Immediately prior to that he appeared to be exploiting the current problem of finding e-cash processing for US gambler deposits by claiming to have a solution....as it turned out he apparently did not.
 
It is understood that Samson recently found Filipino and Chinese investors, and that Topbet-WHS has been hiring experienced online gambling industry managers to expand the business.
 
In capital terms, $1.5 million is to say the least inadequate to set up a 'proper' internet enterprise in the highly competitive sportsbook sector. Perhaps there are more substantial financial arrangements afoot, but given the unanswered questions surrounding this new enterprise, do not be surprised if they hit the headlines at some 'future' stage!



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.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

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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