Bodog slow-pays mount

While European players continue to report timely payments, their American counterparts have to wait up to 3 months to get paid.
Despite the claims of Bodog's CEO Alwyn Morris that the seizure of several million dollars by US Governemnt from Nevada processors operating on behalf of Bodog (reported by Forbes) happened some time ago and has absolutely nothing to do with the current payment delays and that the payment processing challenges for sportsbooks in the US are general and not specific to any particular site, BMR believes that Bodog customers will experience further delays as more and more of them will inevitably require to withdraw their funds following the Forbes report.
Bodog downgraded to 2.5+ ( 3+).

Date published: 31 July 2008


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