Bitcoin betting site Cloudbet has announced that they have purchased the customer database of fellow betting site BetVIP, which suspended activity following difficulties last month.
As a result of the deal Cloudbet will reimburse all BetVIP players the money owed to them. Player funds will be paid out immediately, with no restrictions on the funds being placed.
Commenting on the deal Cloudbet Managing Director Leandro Rossi said, "Acquiring the BetVIP player base brings relief to BetVIP players who have been waiting several weeks for access to their funds. We have made the transition as seamless as possible for players, and they can access their accounts and funds immediately at Cloudbet.com."