Bad News For US Players From Coral Eurobet

Published: Friday, July 21, 2006 Online-Casinos.com

BAD NEWS FOR U.S. PLAYERS FROM CORAL EUROBET

Spooked by the DoJ actions in the States, major UK gambling group bars U.S. players

In a move interpreted by many observers as a fear of U.S. legal action and the possibility of extradition attempts, the giant Coral-Eurobet-Gala online gambling group has warned players and webmasters that it will no longer be accepting players from the USA and has closed all current player accounts.

The communication reads:

"Please be aware that Coral Eurobet will no longer be accepting players from the US and has closed all current player accounts. The information we have just received is:

"In the light of recent actions by US regulators, Eurobet has regretfully taken the decision to cease taking any business through its websites from U.S. residents with immediate effect. U.S. residents will no longer be able to transact with our websites and all accounts held by U.S. residents have now been closed.

"We are contacting you because we believe that, based on the personal details you have provided us, you are a US resident and therefore affected by this decision.

"Where we already have your payment details we will refund any outstanding balance using that method within 7 days from today. If we do not have the necessary details please contact us on +44 1483 773 224 or via email at uscustomerservice@eurobet.com to confirm how you wish any existing balances on your account should be repaid including the appropriate financial details. We commit to processing such refund with 7 days of receiving your payment instructions.

"On behalf of the entire Eurobet team we apologise for the inconvenience caused and thank you for your previous custom."

Affiliates were contacted and informed that in light of recent actions by US regulators, "Eurobet has regretfully taken the decision to cease taking any business through its websites from U.S. residents with immediate effect. U.S. residents will no longer be able to transact with our websites and all accounts held by U.S. residents have now been closed.

"We would therefore ask you to stop advertising our brand name with immediate effect if your website is addressed to a US audience. Note that all US player Coral, Eurobet and Gala accounts will be closed whether casino, games or poker." (These brands have never accepted US sportsbook bets)