Casino Bodog: We're Alive and Kicking

Following on the recent reports on Casino Bodog, namely that it has hurt from the US authorities' investigation, has halted payouts, and even laid-off a couple hundreds of its workers, we have received the following response from the Bodog Affiliate Team.

US operations intact
Alwyn Morris, CEO of Morris Mohawk Gaming Group., has addressed the reports in an email yesterday, August 25, 2008 on behalf of Casino Bodog. This is what Mr. Morris had to tell us with regard to rumors of Bodog shutting down its US operations:

"In regards to accepting US players, Bodog has not and is not planning to close its doors to any market."

Payouts
With regards to the processing of payments, Bodog's response is as follows:

"The Forbes.com article that was released a few weeks ago has created several misimpressions about Bodog.

"As most of our players already know, all operators outsource payment processing functions to third parties and these payment processors are subject to regulatory constraints wherever they operate, and, occasionally in the US, are subject to legal action because of the uncertain legal environment there. Bodog processes all payout requests within 24-48 hours, the delays lie within these third party payment service providers; however, Bodog always has and always will pay out its players. All player funds are safe and we're working tirelessly to find and implement measures to reduce wait times.

"The seizure of funds from these US payment processors was mischaracterized in the article, which refers to two specific legal cases against US processors. Rightly or wrongly, the article does not make a clear distinction between these cases, which, as a result, paints a misleading picture.

"The facts are these:  the first of these cases - relating to a seizure of funds from a processor known as JBL Services - happened some time ago and has absolutely nothing to do with the current payment processing challenges being experienced in the US. The constraints being experienced by payment processors in the US are universal in that region and not specific to any particular processor or site.  Also, note that not one single player failed to get paid when this processor was disrupted.

"The second case refers to a payment processor known as Zippayments.com and seizure of funds from this processor's bank accounts in Nevada. The article falsely implies - but notably does not go so far as to state - that $9.9M seized from Zippayment's Nevada bank accounts were funds on account for "Bodog".  This is simply false.

Summary
Bodog wishes to get its response to players, and we are glad to report it.

Be informed. It's the best advice we can offer. And we promise to keep our finger on the pulse and report any developments if they should occur.