Tuesday June 26, 2012 : BETONLINE INVESTORS BETTING ON SPORTS BETTING.AG
New infusion of capital leads to big improvements all round
Unidentified investors in the Panama City-based online gambling enterprise BetOnline.ag are branching out by taking over a controlling share of Sportsbetting.ag, giving the business improved software from DGS and ASI, along with faster pay-outs, better promos and a revamped website.
"The new shareholders unconditionally guarantee past and future payouts from SportsBetting.ag,” a company spokesman said this week, but added the caveat that a sizeable backlog of pending pay-outs, and a need for various fraud checks, may slow the process somewhat.
"Once the backlog is complete, clients will experience drastically improved payouts thanks in part to upgraded payment options, including same day options,” the spokesman said.
SportsBetting.ag will continue to operate as a standalone brand offering sports wagering, horse betting, digital casino, poker and live casino under its new ownership.