I hope you will find our weekly sportsbook industry news article helpful, here are the most important news from last week:

– VipSports.eu, the latest licensee of the Safari Casino Group, which powers them with wagering software, hosting and processors in exchange for a monthly royalty.

VipSports.eu distributed thousands of emails last Monday morning to former players of the now defunct VIP Sports). The VipSports.eu manager was formerly employed by VIP Sports and possesses an original database list of their former customers.

The original VIP Sports.com went offline without paying all players, they closed doors faster than seasonal account holders could react to a notice to withdraw their funds. Ask The Bookie advises players to avoid any VIP associated property.

– A SynBet representative admitted on a sports forum that they’re unable to pay players. The sports forum advertised SynBet as a platinum sponsor. On August 16th the head moderator, known as “wilheim” publicly introduced the unheard of sportsbook to forum users.

SynBet primarily targeted US players, while sister site PulseBet focused on the European market. The two sportsbooks were hosted on the same server and shared wagering software and customer support numbers.

Last Tuesday a SynBet company representative posted that players would not be paid:

Important message to all SYNbet account holders.

We would like to put some light in the ongoing situation. For the past 4 months we have used 4 different payment processors. 95% of the deposits we received (Your deposits) were through these processors. However 3 of the processors never paid us, and the fourth is currently not paying us. Therefore we have not received a single penny from Your deposits, due to thieves – CC Processors. Since we will not be seeing any of the money for the past 3 months, we would advise all account holders that have done deposits in the period July – November using credit/debit cards to request chargebacks from their banks. This also includes account holders who lost their balance, and account holders that we have already paid out. The ones that lost their balance, or were paid out, please consider making chargebacks a free ride.

This message was the last public appearance from a SynBet representative.

Ask The Bookie has attempted to contact SynBet and PulseBet by phone and live support but those channels of communication appear to be offline, although both sportsbooks continue to post lines every day.