ROYAL WHERE ARE ALL THE FUNDS COMING FROM?

It truly amazes me how Royal is able to finance all these new operations in such a short period of time when only the other day they were in trouble themselves and endanger of having to be bailed out by another book. I look at royal and I see these huge bonuses on signups and reups. There is this new lay -107 project and now they are bailing out all these scammers, squares and bonus whores at GA.

So the question has to be asked when will the expansion stop?

I know this may be a coincidence but all these changes seem to be happening now the Dutch owners are having greater control over the running of the business. Anybody with any world knowledge knows that Curacao belongs to Holland and that country is famous for drugs and a few insiders I have spoken to in the last days have suggested a strong possibility of a link between this and the recent rapid expansion of Royal Sports.

More than one local source has suggested to me that:

1) "Potentially Royal is a front to launder drugs money for the international drugs market."

The greater the value of postup they hold the less significant the drugs money appears and the easier it is to clean.

2) "The objective of the sporsbook side of the business is simply to break even and try and acquire as much postup as it can."

Curacao is an ideal location for these guys, compared to say Costa Rica, because as it is owned by Holland the feds or any other officals cannot go in there without getting permission from the Dutch government first which is of course a very tedious process. These drugs barons are some of the wealthiest people around so if the rumours are true your money is definitely safe.

The fact that the objective of the sportsbook is only to break even means there are plenty of opportunities for sharps and squares alike to do well at this book. Also their ability to bail out GA is nothing but a credit to the ownership.

I have only heard rumours at this time so at this point I am unable to report that what I write is absolute fact.

Nevertherless next time you sign up or reup just consider what kind of operation your hard earned $$$ is really funding.

This deal is simply an assumption of debt. So I guess your question is do they have an escrow balance current surplus of $300k+ to cover this absorbtion? I believe they do but I'm still not happy for Royal. Not a quality player base to aquire imo.

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Buzzsaw:
Not a quality player base to aquire imo.<HR></BLOCKQUOTE>

Now there's an understatement

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Here is what neilm said about GA over at Major's place:

"You played at a shit book chasing a bonus. There were absolutely no other redeeming qualities about this book."

Neilm is SO right. There was no line value. The payouts were not quick. All there was, for the vast majority of their players, was a big, fat, juicy bonus.

What this means is that the place was infested with bonus whores / scalpers / middlers, and little else - certainly very few loyal, long-term players.

To top it all off, almost all of their players are from the forums, which means (at a minimum) most of them are line shoppers and will not place a bet at GA unless the number is reasonably good.

There was always the amazing bonus.

Halifax, it is risky for some solid paying established books to take on these guys. It is not for all bookmakers. Many good books can handle with some effort & skill, but the average guy wanting to live the dream of operating an offshore cannot handle it.

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by The General:
There was always the amazing bonus.

Halifax, it is risky for some solid paying established books to take on these guys. It is not for all bookmakers. Many good books can handle with some effort & skill, but the average guy wanting to live the dream of operating an offshore cannot handle it.<HR></BLOCKQUOTE>

All true, General.

If you have an adequate square base to offset these guys, it can work.

It can also work if the linesmaker is highly talented.

But you're right, the "bookie-in-a-box" guys usually can't make a go of it with this group as their core group of customers.

"Anybody with any world knowledge knows that Curacao belongs to Holland and that country is famous for drugs and a few insiders I have spoken to in the last days have suggested a strong possibility of a link between this and the recent rapid expansion of Royal Sports. "

Is your "insider" an FBI agent or what??? Curacao has plenty of casinos and gambling, would be much easier to work as a front with a land-based casino than a phone/net operation IMO. Besides how about the nice little digs there, "Holland is famous for drugs" and implying that it is an easy task for US agents to just waltz into Costa Rica and do whatever you they want, but Netherlands Antilles would stop them in an instant. I doubt that, I bet they get better cooperation in shutting anything down in Curacao because the Dutch government has less corruption and tries to keep the world an even playing field for banking and money laundering issues. Nice try though, but I just have to say seems like a real reach by the "insiders".