I requested a payout from Bodog during the 2nd week of June. I asked them where the check is & they tell me that they can not send the check by mail anymore & that it will be sent by courier. The last time I had them send me a check, it came FedEx, they left it on my doorstep & never even knocked. Since I live in an apartment I was lucky it wasn't stolen. I wonder if others have had this problem & what option I have to get the money sent to me.
Thank You
Every site is having trouble right now finding "financial service providers" in the US willing to process transactions. There is not much that can be done about this until laws are changed. The reputable sites will get you your money eventually, but how long it takes and what methods they use will continue to be open questions.
Skallagrim
Forbes is reporting tonight that the US government recently seized $24 million dollars from "bank accounts linked to Bodog".
According to the article (linked below), "federal filings make very clear that a serious criminal investigation of the Bodog enterprise is ongoing."
Forbes says that the U.S. attorney's office in Baltimore launched the lawsuits to take the money, and that Bodog-related seizures occurred at Wachovia, Bank of America, SunTrust Banks and Regions Bank.
The article says that $14.2 million was seized in January and February of this year from accounts in the names of JBL Services and Transaction Solutions. Another $9.9 million dollars was seized in July from "eight accounts at Nevada State Bank, in the name of Zaftig Instantly Processed Payments, doing business as ZipPayments.com."
The Forbes article says that a statement from Wachovia seemed to hint that accounts were kept open at the request of investigators in order to aid their investigation.
The IRS's Criminal Investigation division "started looking at Bodog in 2003 and opened a formal probe in 2006". This has involved the "enlisting of unnamed cooperating witnesses and informants, undercover efforts to make bets on football and collect winnings, and close examination of public and bank records".
The article then goes on to detail a number of the companies that are linked to the United States Bodog operation. Apparently the $9.9 million dollar seizure from the Nevada State Bank came when an undercover operative cashed a check that didn't bounce, leading investigators to the bank accounts.
Aaron
How are the FEDS grabbing money from off shore account? I highly doubt that Bodog is using US Banks to secure their monetary assets.
If I recall correctly, when I got a check last year from them, It was under JBL & it was drawn on a bank in Atlanta, GA. I don't think that JBL was a bank but finanical services of some kind
I just opened a Bodog account and have received the instructions for transferring money in, but after having read the above posts I'm now holding off for a bit....any words on whether I should open a cash account or not? Thanks, everybody...
Finally afer 45 business days (since 6/11), they finally sent the check. it is drawn on a bank if Quebec. Since I live in the US, I wonder if I will have any problems with my bank. I hope I don't have a problem with it bouncing. It looks like it is drawn on a real bank (been abround since 1867)
I have had problems with getting checks in a timely manner so I switched to getting payments via money transfer from a very reputable money transfer service. Call bodog's customer service number and ask about the other payout methods and they will be able to guide you through the initial setup procedures to have money tranfers of payouts in the future. It's working out great for me. I always get my payouts within 3 days - most of the time it is available by the next day.
It is not going to get Better... Bodog is a house of Cards ready to crumble.
Bodog to Leave US Market?? -- Fiver Media, their Marketing Company, lays off over 200
The Bodog online gambling empire continues to crumble. On Thursday, I received an e-mail from a reader who said Fiver Media (formerly Riptown Media), which provides marketing and website support for Bodog from offices in Vancouver and Toronto, had just laid off more than 200 people.
Gambling911.com, a Florida-based website that focuses on the online gambling industry, similarly reported that Bodog, "under intense scrutiny by the U.S. Government, has laid off hundreds of its employees this week, leading to speculation that the online gambling firm will be leaving the U.S. market."
If Bodog abandons the United States, it may as well fold its tent. It isn't licensed to do business in Europe, and it doesn't do business in Canada -- most likely because the last online gambling firm to operate in Canada, Vancouver's Starnet International Communications Inc., was shut down by the RCMP.
That leaves only the United States market, which is evaporating quickly. U.S. authorities have been exerting heavy pressure on all online gambling firms that take bets from U.S. citizens, including Bodog.
Earlier this month, Forbes magazine reported that, since January, the U.S. government has seized $24 million from U.S. bank accounts linked to Bodog. This has caused the firm serious problems. Gambling911.com reported that Bodog has been slow paying customers and vendors, and was considering whether to withdraw its endorsement of the Bodog gambling site.
Bodog was founded by former Vancouver resident Calvin Ayre. In June, after U.S. authorities had seized millions from Bodog accounts, Ayre announced he had sold the business to the Morris Mohawk Gaming Group, which runs hundreds of gaming websites from the Kahnawake reserve near Montreal, and was retiring.
His retirement, however, really amounts to an exile. He dares not set foot in the United States, lest he be arrested, or even Canada, where RCMP would most certainly arrest him at the behest of U.S. authorities if he was indicted.
Bodog's support operations in B.C. consist of Fiver Media, which operates from an office in downtown Vancouver, and Triple Crown Customer Service, which provides customer account service from an office in Burnaby. Triple Crown's status is unclear: Its website is currently reported to be "under construction."
It's also difficult to determine what's happening at Fiver Media. On Tuesday, I dropped into its office at 333 Seymour St., but nobody would talk to me.
Fiver Media is run by Jim Phillips, a Vancouver chartered accountant and former senior partner with the Vancouver accounting firm Morgan & Company. Although he was in his office when I dropped by, he did not show his face.
Phillips prefers to work in the background, Wizard of Oz style. But make no mistake: He has played an instrumental role in the development of Bodog's online gambling activities which, as noted, are viewed as illegal in the United States. I would not be surprised if the U.S. Justice Department doesn't have him, as well as Ayre, in its crosshairs.
dbaines@vancouversun.com
© The Vancouver Sun 2008
Requested 600.00 from Bodog in late June. Still waiting for it. Problem with how much a day the courier can process? Are there any others with this problem. I am going into the 10th week of waiting for my money.
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