Here are the latest news in the sportsbook industry:

– WSEX Sportsbook released the following statement concerning the $747,802 owed to 129 players:

WSEX Sportsbook: I understand you would like to receive your outstanding payments in a swift manner. However, as I have been explaining to all clients, due to the losses we encountered, payments will be done partially for a few more months. Clients who deposited funds with us in the past were all lost due to new gaming /banking laws in the US. It is now our responsibility to bounce back from these losses and pay our clients. We have dedicated staff at World Sports for 10 years and over. Regardless of the fact that you do not receive a withdrawal every month, you will receive something from us not exceeding 3 months. I will keep your name noted to receive a withdrawal by February 2012 for at least a portion of your request. This will be right after the super bowl. We will have a remainder for March, April and so forth. I do anticipate this back log to be completed by the new season of September 2012.

WSEX Sportsbook continues to shift blame for their financial troubles on US banking laws. The sportsbook ows $747,802 to 129 players. The average amount owed each player is $5,842. The scam sportsbook owes money since October, 2009, which means that the sportsbook’s claim that their customers will not wait longer than three months are both irresponsible and inaccurate.

– Two Tower Gaming players claimed that their winnings have been confiscated. Each player has a similar account of the sportsbook conficasting their balances and giving back their deposits only. Tower Gaming stated that their welcome bonus was intended for recreational bettors only.

Here’s a transcript of the chat session of one of the players with a Tower Gaming representative named “LisaT”, who ended the conversation abruptly:

LisaT: I have spoken to the Betting Manager about you
LisaT: Your cashout will not get processed I am afraid
LisaT: Our Welcome Bonus is intended to be utilized by recreational gamblers only. Tower Gaming reserves the right to amend, cancel, reclaim or refuse any promotion at its own discretion.
LisaT: You are welcome to cashout your intial deposit and play elsewhere

A combined €381 in winnings have been removed from both accounts.

If you have any questions or problems with a sportsbook please let us know so we can help you.