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Sportsbook.com buyout successful

DUBLIN, Ireland -– (PRESS RELEASE) -- The management team of Sportsbook.com, the largest online sportsbook and casino on the planet, today announces its successful leveraged management buyout of sportsbook.com and other U.S. facing brands from Sportingbet Plc. Sportsbook.com will now operate as a private company with offices in Dublin, Antigua, Vancouver and San Jose, Costa Rica.

As a result of new U.S. legislation aimed at preventing financial institutions from handling transactions with online gaming companies, Sportsbook.com's parent company Sportingbet Plc has decided to cease accepting wagers from customers in the United States, effective immediately.

Sportsbook.com, now in private hands, remains open for business for its customers. Sportingbet sold sportsbook.com to the existing management team and a group of investors who will continue to run the company in the same innovative way that has twice earned it eGaming Review's award as the number one U.S. facing sportsbook.

Transactions continue to remain secure, all personal information remains completely confidential and customer accounts are safe.

Sportsbook.com values the support and enthusiasm of its customers and the new owners of the company intend to respect and continue to earn their trust.

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