BetPanAm Update

Betpanam · Jan 21, 2004

Thanks for all the positive replys about our Sportsbook today. Just so you know we haven’t had a change of ownership. We had a change of management at the top. Now with this change of management we had some miscommunication between the investors. But that is all smoothing out now. But unfortunately we had a article come out this week about the state of affairs in Panama. Which in turn caused a run on the bank here. Give us a few days to get the accounts funded back up and it will be business as usual. It will take a few days but it will settle down. We weren’t expecting this when we woke up Monday morning but we will fix the situation. Also just so people know even though Neteller is not funded as yet we have offered many people Western Union. Some people fail to mention this when they post of the payment problems. Give it a day or so it will work out. Thanks for your support..

Scotty

BetPanAm

Fishhead · Jan 21, 2004

Sounds good Scotty.

Thanks for coming in the forum and explaining.

bucsfan67 · Jan 21, 2004

Hope it all works out for the best..

I know my dealings with Panam have been good.....I have only withdrawn twice, but both times were very quick, and easy....

Scotty has always been very helpful with any needs.....

I am sure this will continue under new management....

Pickles · Jan 21, 2004

bucs
You with drew 2x?
thanks I have all the confidence now---
ps you like anyting today>/tommorrow?

Jyde · Jan 21, 2004

How about the new management went over Kongens account once more and checked if the old management did him wrong?

crazyivan24 · Jan 22, 2004

I am still waiting for the remaining withdrawal via Neteller...

areeff · Jan 22, 2004

I am still waiting for my withdrawal to neteller. Sounds like Panam has more excuses!

areeff · Jan 22, 2004

btw couldn't this guy give a more personalized response rather than pasting it at like 5 diff forums?

JimFiestSux · Jan 22, 2004

Sounds like PanAm is waiting for reloads for the Super Bowl to fund their Neteller account?? Any problems with the FLEX CARD payouts?? Change of Management so soon and at this time of year,lol! Something fishy here!

Kev · Jan 22, 2004

Is Marty still with Pan Am?

TheGeneral+ · Jan 22, 2004

Thanks Scotty. Appreciate the info.

Good luck

SportSavant · Jan 22, 2004

In my humble opinion, when you are a business, & you are dealing with other people's $$$$...this explanation is unsatisfactory, basically asking for blind faith...

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> But unfortunately we had a article come out this week about the state of affairs in Panama. Which in turn caused a run on the bank here. <HR></BLOCKQUOTE>

what exactly does this mean in detail?

TheGeneral+ · Jan 22, 2004

SS, I think Scotty is referring to Stings article earlier in the week.

SportSavant · Jan 22, 2004

I have no account at Panam so I have no vested interest..but what exactly is "a run on the banks"?

can you provide a link to sting's article?

TheGeneral+ · Jan 22, 2004

A run on the bank is caused by rumors of trouble or possible trouble at a book. Many players at one time request their money which most often presents problems with timely processing.

Check sports911.com and scroll down until you see the story "Dark Cloud Hangs Over Panamanian Sports Betting Industry"

blueedwards · Jan 22, 2004

what betpanam said in the first post about offering customers a western union payout is true. i requested funds via neteller and was told it may take a day or two...would i like western union instead. i decided to take the western union and it was done in about 45 minutes.

bucsfan67 · Jan 22, 2004

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by blue edwards:
what betpanam said in the first post about offering customers a western union payout is true. i requested funds via neteller and was told it may take a day or two...would i like western union instead. i decided to take the western union and it was done in about 45 minutes.<HR></BLOCKQUOTE>

thats good news blue....I am sure everyone will get paid, they are having to get everything in order, with the changeover......Offering an alternate form of payout, shows that it is not a lack of funds, simply a lack of organization at this particular instant.....From what i have seen, i have confidence in Bill and Scotty that they will get it straightened out.....

Pickles, i didnt make large wd's, but yes i have gotten wd's to my flex card, in matter of minutes......

i like Seattle (-6) tonight....gl

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