GTBets Takes Over Competition

New online Breeders Cup betting site GTBets.com has taken over accounts for the now defunct VIP Sportsbook, BetGameDay.com and Nine. With the US Department of Justice seemingly shutting down NFL betting sites by the month, is it only a matter of time before America’s newest online gambling hub bites the dust or will they flourish as well? Here is a bookie software look at the recent GTBets.com take over.

Of the three newly acquired sportsbooks, GTBets biggest acquisition by far was VIP Sportsbook, which had been a staple in the industry since 1997. However, due to the previously mentioned US DOJ crusade against the online betting industry, VIP Sportsbook and its peers were forced to shutdown. VIP Sportsbook final day under its old management was on August 1. However, as luck would have it, with GTBets now in charge, VIP Sportsbook should be up and running by the beginning of 2012 similar to BetGameDay.com and Nine.

According to a slew of reports about the acquisitions, GTBets is attempting to purchase a wide array of different sportsbooks and putting them under the same banner. For bettors that have been online for a while, consider GTBets to be somewhere in between Jazette and BetCris. That is to say, they are a middle of the pack betting conglomerate hoping to one day be and industry leader similar to BetCris.

One of the most intriguing aspects of GTBets is that they are aiming to focus their customer base in the United States. As we have discussed throughout this article, the US DOJ is on a crusade to shut down the American online betting industry. Yet, GTBets apparently is taking on US customers, in anticipation of several new alterations to the Anti-Gambling Act, which are set to be released before January.

 
Banner

Live Lines

Choose Your Sport
Teams Spread Money Over&
Under

Newsletter

Copyright © 2009 Online Sportsbook Ratings. All Rights Reserved.