Online and Offshore Gambling Industry News By:
Q.
Smyth
March
1st, 2007 - Page Updated at 8:45am
Senior Editor For WagerOnFootball.com Handicapping.
VIP.com
confirms no more new US and Canadian customers
to join
WagerOnFootball.com
VIP.com and its partner
sites Nine.com/Betgameday.com etc.. will no
longer accept deposits from Canadian players
effective immediately. Canadian customers will
maintain access to their account until April
1, 2007. Any current balance in the account
may continue to be used until that date, at
which point any remaining funds will be refunded
to the player and their account will be closed.
Effective immediately, all VIP merchants will
no longer accept new customers from the United
States. Long standing premium customers have
contributed to our success over the years, and
we intend to increase our service commitment
to them - exclusive focus on preferred customers.
VIP.com has had a tough time processing payouts
to affiliates over the past month due to what
it called: "new, less experienced payment
processors with less advanced systems in place...These
events have caused a delay in processing your
commission payments for January.
VIP.com will continue to serve existing US
and Canadian customers. But this news throws
a wrench in VIP's once aggressive affiliate
program since no new affiliates will be able
to join.
Alistair Assheton of VIP.com reassured Gambling911.com
this afternoon that his company would be remaining
in business as usual, just not serving new clients
from either Canada or the US.
"We’ve taken the steps to close
down telephone betting, a largely unprofitable
business for us representing 2.5% of our business,
and yet 20% of our staff.
"We’ve also turned our business
towards our existing player base, and are stopping
new registrations from the USA and Canada –
both in an effort to ensure we can continue
to offer a high quality service to our existing
players.
"Many players have been with us for many
years, and we intend to be able to continue
serving them for many years to come. We’ve
taken the choice to allocate more of our resources
to them, and to stop taking US and Canadian
new accounts while the legal uncertainty rages
on. We intend to carry on with business and
to give our customers everything they have come
to expect from us."
Gambling911.com had in the last hour posted
incorrectly that VIP.com cannot take on new
customers from outside the US per an agreement
with parent company, Leisure & Gaming. This
is not the case. VIP.com can still take on all
new international clientele outside the US and
Canada.
SOURCE: Gambling911.com
News Wire
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