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Sportsbook.com Accused of Stealing

October 26, 2007

The company Eye On Gambling is accusing the online gambling company Sportsbook.com of stealing and urges all of their fellow online gambling industry companions to boycott the company until they pay restitution for those that they wronged by their recent behavior.

It seems that Sportsbook.com is accused of stealing money from 31 different online gambling accounts, and the company has admitted to doing so. They took money from the accounts in the amount of hundreds of thousands of dollars, and EOG says that they have to be held accountable for their behavior.

They say that as Sportsbook.com was one of their advertisers they are now choosing to disassociate themselves with the online gambling company and will be paying back their clients with what little money they have left over from Sportsbook.com’s advertising budget with their company.

They say that they cannot condone the behavior, and therefore must distance themselves from the company. They say that if the online gambling company chooses to rectify the situation, they will rethink their position on the matter, but not until that time.

They say that the company has admitted to retroactively canceling winning parlays because there was “a higher than normal correlation between certain events.” The online gambling company should have simply adjusted their software and moved on, instead of taking the money out of their player’s accounts.
 





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