BettingWest in liquidation

The Australian bookmaker, which started operation just few months ago, has requested voluntary suspension of its license due to the illness of the company's manager and appointed the Carrello Partners as Administrators.
While I can't say I'm familiar with this case as I didn't even know the bookmaker before reading of its liquidation on a betting forum, I'd like to point out how this is the right way to do business (no matter how it is going to end for creditors). When you have problems you inform the licensing authority and appoint experienced administrators, not run away as all the Maltese bookmaker seem to do when they have problems while the local regulator continue to promote Malta as the best jurisdiction in Europe. For cons no doubt; for players hmm...

Date published: 17 October 2009


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