An e-mail to U.S. customers has advised that sports betting exchange, Matchbook.com has been sold to an as yet unidentified party and is no longer accepting wagers from customers in the United States.
The Financial Services Regulatory Commission of Antigua and Barbuda have confirmed that it has been advised of the transfer of ownership of Matchbook.com and has approved the transfer to the new ownership. It also states that World Sports Exchange Limited and World Sports Exchange Casino Ltd no longer have licenses to conduct interactive gaming and interactive wagering from or within the jurisdiction of Antigua and Barbuda.
The notification sent to customers reads:
Matchbook, the betting exchange of which you are a registered participant, is being sold effective February 28th 2011. The new owners of Matchbook have been informed by its legal advisors that accepting wagers from anyone located within the United States might constitute a violation of United States law. Accordingly, Matchbook will no longer accept a participant located in the United States, where wagering on a sporting event or any other event in which chance predominates might be a violation of law. As a result, if you are a registered participant located in the United States, you will not be able to access your account for the purposes of placing a wager effective immediately upon the transfer of ownership of Matchbook on February 28th 2011.
The accounts of all registered participants located in the United States will be closed effective February 28th 2011. The new owners of Matchbook will work with the affected participants to ensure that all funds remaining in the registered participants’ accounts as of February 28th 2011 will be returned to the registered participants located in the United States within 31 days from the aforesaid date.
Registered participants whose accounts will be closed effective February 28th 2011, will be sent, via email, detailed instructions as to the procedure required to receive the funds remaining in their respective accounts as of February 28th 2011. The new ownership will provide contact information for questions from registered participants whose accounts have been closed. Participant’s funds not claimed within the 31 days will be turned over to the Antigua Financial Services Resource Commission.
The new owners of Matchbook are in no way associated or affiliated with WSEX or the previous ownership of Matchbook prior to February 28th 2011.
The new owners and management look forward to heralding a new dawn in financial prudence and stability, while continuing to offer a world class betting exchange with improved global sports offerings. Matchbook intends to expand its operations into the European and Asian markets through encouraging a steady increase in event liquidity as well as expanding payment channels into these markets. Please stay tuned for further updates in the coming weeks.
Source: InfoPowa News