Olympic Sports Acquires Two Online Sportsbooks

TheGeneral+ · May 3, 2005

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MONTEGO BAY, Jamaica (May 3, 2005) - Olympic Sports Data Services, Ltd. (Olympic Sportsbook) announced today that it has completed the acquisition of WagerStreet.com and BetAllSports.com, two online sportsbooks that cater to the recreational gambler. Both sportsbooks offer wagering on all major sports, horse racing and casino gaming. <o

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Wagerstreet.com and BetAllSports.com are located in Kahnawake Mohawk Territory, in Quebec, Canada. Their servers are located in a state of the art facility, which provides a level of connectivity and reliability unmatched by any Caribbean locale.

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Designed by experienced online bettors, the WagerStreet.com and BetAllSports.com software has been rated as, “the best sportsbook software on the block,” by ThePrescription.com, a top offshore gaming information website. Notable features include:<o

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A betting interface that allows for multiple wagers, in varying dollar amounts, all entered from one screen. <o></o>
A "Quick Bet" feature that allows users to submit all of their wagers with "one click". <o></o>
A "Quick Find Box" featured at the top of every betting page that allows users to enter the International Rotation number of the game they would like to wager on and have the odds and betting interface of that game come up instantly. <o></o>
An online queue system that allows customers to seek approval of wager amounts exceeding posted wager limits instantly. <o></o>

It’s a very exciting time for the customers and the staff of WagerStreet.com and BetAllSports.com to have the opportunity to be a part of an organization with an unmatched reputation in the industry. I want the customers to know that they have nothing but the best to look forward to in terms of continued financial stability, exceptional customer service and product innovations,” said Salma Crump, the company’s new Marketing Director. <o

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“This acquisition will bring the customers of WagerStreet.com and BetAllSports.com expanded wagering options and establish Olympic Sports in another licensed gaming jurisdiction.” <o

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Olympic Sports Data Services, Ltd. (Olympic Sports) has been a leading provider of quality gaming entertainment worldwide since 1996. As one of the most recognized and respected gaming operations, the Olympic Sports Data Services Ltd. portfolio includes: TheGreek.com, BetJamaica.com, WagerStreet.com, BetAllSports.com, HighPointCasino.com and PokerWorld.com. Olympic Sports has approximately 200 full-time employees; its executive offices are located in Montego Bay, Jamaica.

Dante · May 3, 2005

WOWOWOW good stuff

ChuckSims · May 3, 2005

Good to hear that an elite sportsbook like Olympic has extended themselves to acquire smaller sportsbooks.

Aquatic · May 3, 2005

Lines

Does this mean that the Olympic Lines will now be used in these 2 books or are these books operating independent?

Also, are they physically changing lines from the same Kahnawake reservation property because if they are just accessing a server hosted there and they get hit by another hurricane in Jamaica or outage of any kind they can't get into the Canadian server unless on site.

THE SHRINK · May 3, 2005

Aquatic,

Good questions...

I'll see if I can contact someone from Olympic to answer them...

Thanks,

THE SHRINK

Aquatic · May 3, 2005

Thanks Shrink

Also, who is the software company they use that the RX says is the best in the industry in that artcile?

ProPokerPlayer · May 3, 2005

THE SHRINK said:
Aquatic,

Good questions...

I'll see if I can contact someone from Olympic to answer them...

Thanks,

THE SHRINK

Ask when their going to get a legit poker room while you got em on the phone will ya? Tell them they can tell if a poker room is worth a crap by cking to see if there are any players playing there.

SportSavant · May 3, 2005

is wagerstreet still located on the INDIAN reserve in Quebec?

its an hour drive from my house....

Maybe the Greek will offer me a job? :103631605

orbit · May 3, 2005

Anyone get the sense that maybe Olympic is setting itself up for a nice juicy public offering (IPO) ...?

Won't happen? What do you think?

O.

Aquatic · May 3, 2005

Sportsavant

The Greek won't be there but the server is hosted 5 miles from the Montreal airport. Go to www.Kahnawake.com for more details about the reservation.

Ninja · May 3, 2005

Does that mean Wagerstreet Bob, that sorry excuse for a BM, is gone now...or will he still be around to reduce the offerings even further and cut more players down to $50 and $100 limits?

Wagerstreet used to be a pretty good book until Bob developed that yellow streak down his spine.

ChuckSims · May 4, 2005

If Olympic has any say, Wagerstreet will improve 100%. I was thinking about joining until I heard people complaining of low limits getting even smaller. Thats not booking, thats just catering to losers.

Muddy · May 24, 2005

Ninja said:
Does that mean Wagerstreet Bob, that sorry excuse for a BM, is gone now...or will he still be around to reduce the offerings even further and cut more players down to $50 and $100 limits?

Wagerstreet used to be a pretty good book until Bob developed that yellow streak down his spine.

My limit is still $100

SHAWN GOTTI · May 24, 2005

arty:

JerseyJoe+ · May 24, 2005

Wagerstreet Bob is a bettor not a book-maker. Spiro will turn this company around.Bob new in heart that he could not grow the business so he sold it and made a few bucks.

Olympic Sports Acquires Two Online Sportsbooks

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