Tax evasion was of little concern to American players in the Bet On Sports online gambling group trying to recover the money in their banned gambling accounts. A US federal court order forced the gambling group to go offline following a major heist causing the arrest of 23 members of the casino group due to tax evasion. The Federal court order involved ceasing any business with Americans and ordering the repayments of money deposited in their gambling accounts. The group easily obeyed the first part of the order but did little to comply with the rest claiming that their E-cash processors are suspending operations. That left the American sport betting fans with little means to act upon.
Gambling 911, another sports betting company, in addition to TOW, reported on the failed efforts of a player contacting the London Stock exchange where Bet On Sports is listed. Remedies were hoped to be sourced by the authorities and gambling commissions but both attempts to seek for aid were fertile.
Authorities offered to contact Bet On Sports or any other relevant trade association operating with the group in addition to seeking some legal advice. The UK gambling Commission offered to contact regulators in which the gambling group operates in, Hence Costa Rica and Antigua. Online gambling publications Gambling 911 and TheOnlineWire took a much more hands on approach and are now in the process of locating a suitable UK law firm to represent players, perhaps in the form of a class action.
|