<TABLE cellSpacing=0 cellPadding=0 width="98%" border=0><TBODY><TR><TH vAlign=top align=left>7/27/2006
BETonSPORTS cancels all advertisement deals
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BETonSPORTS is approaching all its advertisers informing them of the decision to cancel all advertisement deals. TheOnlineWire.com received such call few minutes ago.
BoS marketing personnel has been asked to approach all advertisers informing them that all deals are off. BETonSPORTS will challenge the restraining order issued by U.S. District Judge Catherine D. Perry on July 17.
The order was extended yesterday and the next hearing is scheduled for August 1. This new step indicates that BETonSPORTS legal team wants to get to the hearing in compliance with the order.
The temporary restraining order also required BETonSPORTS to stop taking sports bets from the United States, and to return money held in wagering accounts to account holders in the United States. The company suspended its operations Wednesday last week and has not been processing payout since.
Originally published July 27 2006 - 1:21 pm EST - TheOnlineWire.com – All rights reserved
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