World Gaming in Financial trouble?

daveymck · #1 10-04-2006, 05:27 AM

I think all the US people have already got out of sporting bet, but any euros with cash in there still might be worth getting your cash out, World Gaming their owners are in discussions with their lenders as they may be in default of their loans.

They run Sporting Bet, Sports Betting.com and Betonusa

http://news.bbc.co.uk/1/hi/business/5401452.stm

Ampelmann · #2 10-04-2006, 05:33 AM

Doesn't Paradise Poker belong to Sporting Bet as well? Should people get their money out of Paradise?

daveymck · #3 10-04-2006, 05:38 AM

There is somthing on the Sporting Bet site saying that the takeover proposal with World Betting has been terminated in light of the new laws.

It may be its lazy journalism by the BBC (and lazy postings by me) and that World Gaming doesnt actually own Sporting Bet yet.

daveymck · #4 10-04-2006, 05:40 AM

I have edited the heading as it may be overstating the situation and dont want to panic people with incorrect info.