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  1. #1

    Default VIP to stop taking US Customers

    Very disappointing. I can't believe books are scared of this new law which does nothing in my eyes.

    IS

    SBR Founder Join Date: 9/23/2005


  2. #2

    Default

    I just logged into VIP and I don't see any messages about it.

    This is going to suck, since I like their casino branch. I wonder how long I have left before they shut the doors on me then.

  3. #3

    Default

    Do you have a link on this? I didn't see a messge there either. I just made a withdrawl there yesterday but have a few bucks left in there.

  4. #4

    Default

    As long as places like:
    Pinny
    Cris
    Bet Jam
    WSEX
    Mansion
    Matchbook
    Greek
    5Dimes


    still want our money, nothing will bother me.

    Give me those 8 books or even 4 out of the 8 on that list, and the rest could all shut the doors and it wouldn't matter all that much to me.

    As long as everyone gets paid, f\*\*k'em

    SBR Founder Join Date: 8/30/2005


  5. #5

    Default

    Quote Originally Posted by gummo
    Do you have a link on this? I didn't see a messge there either. I just made a withdrawl there yesterday but have a few bucks left in there.
    http://uk.biz.yahoo.com/10102006/214...perations.html

    SBR Founder Join Date: 8/10/2005


  6. #6

    Default

    The United States. "The land of the free..."

    What a joke.

    IS

    SBR Founder Join Date: 9/23/2005


  7. #7

    Default

    The person I spoke with in live chat claimed it wasn't true, but that just means she probably hasn't received the news yet. I went ahead and took out my remaining balance in case there's a rush when they make the official announcement.

  8. #8

    Default

    I am telling you most books will not be operating to USA players. Everyone laughs at me, does a book owner want to go to jail?? I do not think so, the gov't is really going after this and that is why everyone pulling the plug.

    No way Party Poker closes unless they know something

    SBR Founder Join Date: 7/20/2005


  9. #9
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
    Message Me

    Default

    Quote Originally Posted by gummo
    The person I spoke with in live chat claimed it wasn't true, but that just means she probably hasn't received the news yet. I went ahead and took out my remaining balance in case there's a rush when they make the official announcement.
    They could have some different impressions if they read the shareholder statement. "The Company" refers to L&G, the holding company for the sportsbooks. L&G will continue to trade as a gaming company for non-US sites and will probably use the funds earned from divestment to push into that market. Since it is a public company, they are obligated to cover all possibilities as they will need to get the best value for the brands for thir shareholders. If a CRIS was to offer double what is on the table, they would have to take it.

    SBR Founder Join Date: 7/12/2005


  10. #10

    Default

    I heard BetGameday, which is part of the leisure group and essentially a clone of VIP will be breaking away from Leisure. Will they be as financially secure as VIP then?

    IS

    SBR Founder Join Date: 9/23/2005


  11. #11
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
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    Default

    Gameday would be included as would Mybookie and any of the smaller sites that came over with Nine.

    SBR Founder Join Date: 7/12/2005


  12. #12

    Default

    This has to be stock-price related?

    Are the funds safe in VIP?

  13. #13

    Default

    Quote Originally Posted by Seattle Slew
    This has to be stock-price related?

    Are the funds safe in VIP?
    I asked the same few days ago, no response here.

    I do not want to panic, but I am afraid of VIP.

    They repeatedly send bonus offers to people (with name in heading) who were told that are not eligible for any bonus. The withdrawal ask of one guy dissapeared and then he got nonsense info, that he must meet some rollover that was many times ready. After that he got money in few mins, but it looks they try to stabilize cash flow at any costs. I hope I am wrong.

    SBR Founder Join Date: 12/20/2005


  14. #14

    Default

    I think they had some nice features, with the NFL picks contest and the weekly horse racing handicapping challenge. But the fact they are on the stock exchange, has to be a worry point as to what they'll do with the stock price tanking in the last week.

    Bush will sign the bill on Friday, so they'll likely shut U.S. customers off by the weekend.

    Thanks for the alert. Glad SBR is the first page I look at in the morning.

  15. #15

    Default

    Quote Originally Posted by Seattle Slew
    This has to be stock-price related?

    Are the funds safe in VIP?
    I'd say that they are still pretty safe still. As Bill said, this is shareholder induced. You can't really run a listed company which is possibly operating outside the law of one of the biggest countries in the world. They will no doubt sell their US customers to a privately operated enterprise with money available or just let the customers go - that would be unlikely since they would be essentially writing off a large propotion of their business worth. Since they've already revealed their hand, they are less likely to get the full worth for their customer base.

    SBR Founder Join Date: 8/10/2005


  16. #16

    Default

    Quote Originally Posted by Lucas
    I asked the same few days ago, no response here.

    I do not want to panic, but I am afraid of VIP.

    They repeatedly send bonus offers to people (with name in heading) who were told that are not eligible for any bonus. The withdrawal ask of one guy dissapeared and then he got nonsense info, that he must meet some rollover that was many times ready. After that he got money in few mins, but it looks they try to stabilize cash flow at any costs. I hope I am wrong.

    After a quick read of their latest results it would appear to me that they financially very strong (Im no expert on this though )

    Even though pulling out of the US markets will hit them hard they should survive easily enough so I don't think our balances there are at any real risk

    Their share price actually rose on this announcement which seems strange.

    Here is the link to their interim results for anyone who wants to take a peep...

    http://www.lngplc.com/media-files/Le...L_25-09-06.pdf
    Last edited by LGBoots; 10-10-06 at 03:01 PM.

    SBR Founder Join Date: 8/10/2005


  17. #17

    Default

    Quote Originally Posted by InSpades
    The United States. "The land of the free..."

    What a joke.

    IS
    It's a young country, compared to Europe and Asia. US has all the bravado of youth, but lacks in wisdom. Plus the political system is in shambles, as in bought and paid for by corporate interests. (On the positive side, we don't have all the baggage of older cultures; although we are trying hard to catch up).

    Just as an individual sometimes has to deal with his inner demons, in order to rise above them, so the US is now facing its own darkest forces; the fascist neocons.

    The black cloud will pass...
    Meanwhile, we are paying in red blood for our ignorance (Iraq, etc).
    Last edited by Dark Horse; 10-10-06 at 03:54 PM.

    SBR Founder Join Date: 12/14/2005


  18. #18

    Default

    I couldn't agree more with the big picture that DH just gave us.

    America is a teenager, with all the promise and passion and potential of youth, but questionable decision-making due to a lack of wisdom and experience.

    SBR Founder Join Date: 12/16/2005


  19. #19
    hanco21
    The Lord of No Rings..AJ Smith Egomaniac
    hanco21's Avatar SBR PRO
    Join Date: 01-19-06
    Posts: 2,562
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    Default

    I just talked to VIP and they claim to do business as usual when the bill is signed.

  20. #20

    Default

    What'll happen to my NFL future bets if they "close" their doors?

    SBR Founder Join Date: 9/19/2005


  21. #21

    Default

    I am dumbfounded why anyone would have money at VIP owned sportsbooks. They publicly state winners are not welcomed. Losers only. If someone said to me the only way you can bet at our book is if you lose, and continue to lose, I would tell them to **** off.

    SBR Founder Join Date: 12/29/2005


  22. #22

    Default

    Its really time now to downgrade this book imo, they just suck.

  23. #23

    Default

    Take them for all you can and leave. The most important issue with me is wether a book pays. I would say they are a top 5 book when it comes to security of funds. What is more important?

    IS

    SBR Founder Join Date: 9/23/2005


  24. #24

    Default

    Had it not been for the youthful US... Europe would currently be referred to as Germany. Any of you wise asses who were unfortunate enough to be of a Non-Arian Bloodline probably wouldn't be here. As for Asia if you haven't ever run patrols inside a communist held North Korea or spent hours upon hours with South Korean ROKs then shut the hell up. If you haven't ever spent time in Egypt Israel Iraq or Afghanistan shut the hell up. If you haven't had a relative killed when a plane rode into her office at the pentagon shut the hell up. As far as the the dark forces you better get down on your pacifist ass knees and thank god if you have one that these dark forces keep peace in this land where you think everyone loves everyone.
    1/504 2/325 82nd ABN Div

    SBR Founder Join Date: 9/22/2005


  25. #25

    Default

    Welcome back, The Great One.

    SBR Founder Join Date: 8/10/2005


  26. #26

    Default

    Quote Originally Posted by Aces
    Had it not been for the youthful US... Europe would currently be referred to as Germany. Any of you wise asses who were unfortunate enough to be of a Non-Arian Bloodline probably wouldn't be here. As for Asia if you haven't ever run patrols inside a communist held North Korea or spent hours upon hours with South Korean ROKs then shut the hell up. If you haven't ever spent time in Egypt Israel Iraq or Afghanistan shut the hell up. If you haven't had a relative killed when a plane rode into her office at the pentagon shut the hell up. As far as the the dark forces you better get down on your pacifist ass knees and thank god if you have one that these dark forces keep peace in this land where you think everyone loves everyone.
    1/504 2/325 82nd ABN Div
    Why does the world hate the US again?

  27. #27

    Default

    I dont know Steve... I like everyone I've been all over had many beers in many lands. The worlds not perfect anywhere but I can't sit by and put up with US bashing in a gambling forum.

    SBR Founder Join Date: 9/22/2005


  28. #28

    Default

    so now I'm reading VIP will stay in the U.S.?...

    SBR Founder Join Date: 8/18/2005


  29. #29

    Default

    Anyone know what is really going on with VIP?? Where is Dozer when you need him?

    SBR Founder Join Date: 7/20/2005


  30. #30

    Default

    Another one bites the dust. I only hope once the dust settles all these places that shut off US players don't get those players back...

  31. #31

    Default

    VIP won't convert my currency to Cdn so it's in U.S.

    I'm Canadian, but I do hold a U.S. bank account. I'm not an American citizen nor have I've been to the U.S. for over 20 years.

    Should I be re-routing my VIP payouts to my Canadian bank account or is it ok to leave it in my U.S. account? Only reason I leave it in the U.S. account is to take advantage of the currency exchange.

  32. #32

    Default

    I'd urge everyone to read the SBR Newswire concerning Leisure & Gaming PLC ... specifically this line:

    VIP (SBR rating A+) and Nine (SBR rating B+) are expected to continue as is under private ownership.

    SBR Founder Join Date: 8/1/2005


  33. #33

    Default

    Quote Originally Posted by Aces
    I dont know Steve... .
    I think Steve and the rest of us know

  34. #34
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
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    Default

    SBR has confirmed with sources within VIP (SBR rating A+) that all North American facing business will carry on under a private ownership group. The management and staff are planned to remain the same.

    SBR Founder Join Date: 7/12/2005


  35. #35

    Default

    thanks for this update Bill...

    SBR Founder Join Date: 8/18/2005


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