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BoS Players Left with Nothing

If the mere fact that the United States has instituted the online casino ban is not enough to anger many internet gamblers, than losing internet gambling funds will certainly do the trick. Once the U.S. implemented the Internet Gambling Enforcement Act (UIGEA) the Department of Justice and the U.S. Attorney’s Office began investigations into online casinos related companies that were illegally offering gambling and remote betting services to Americans. Neteller was famously one of the first companies to settle with the DoJ and then finally settle player accounts. BetonSports.com is also facing charges in the United States, but unfortunately players are simply left with nothing now that the company CEO is in jail and even company investors are wondering what could have gone so wrong.

Bet on Sports was a household name for many involved in the online casino sportsbooking industry – and was by far the top remote gambling in the U.S. market, particularly after the ban took effect. Because the company operated out of Costa Rica, Bet on Sports operated under the notion that it was safe from the pull of the U.S. government. And though that is true to an extent, the problems arose when CEO David Carruthers landed on U.S. soil (well – Dominica) on his way back to Costa Rica. He was then extradited back to the mainland U.S. and is now under house arrest awaiting his trial date.

Eleven other individuals are also waiting for a trial in the U.S. because of alleged criminal online casino gambling operations for U.S. players. Across the U.S. the Department of Justice is investigating any suspicious internet gambling companies, and as a precaution most offshore companies have simply left the U.S. market and concentrated on boosting market shares in the global online casinos industry.

But now that all of the companies have left the U.S., many internet gamblers are really wondering what to do next. Some online casinos still service Americans, but many American players are leery about investing money in these operations in case they fold, like BoS, and in the process take all account funds with them.