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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 :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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