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Bodog Attempts to Reassure Players

In the current tumultuous financial and economic atmosphere, Americans are wary of who to trust and have found themselves questioning the stability of even large and longstanding corporations. Even with large banks and mortgage companies such as Fannie Mae and WaMu finding themselves in hot water, Americans are more worried now than ever about the stability of their funds, and the safety of their accounts and deposits.

Also, two years ago, the US passed the Unlawful Internet Gambling Enforcement Act, affectionately known as the evil UIGEA, which outlines rules(vaguely at best) for defining what exactly constitutes internet gambling, who is supposed to regulate and enforce the law, and what the punishment is. What that means is, nobody really knows how strongly the law is being enforced, if at all, and many people are being prosecuted on very shaky grounds. There is one very bold company which has been in the spotlight lately, due to its decision to keep up US operations despite the UIGEA.

Bodog Casinos, a highly popular and lucrative online slots and poker casino that has put its bad boy owner Calvin Ayre on the cover of Forbes Magazine, is making headlines once again, as the latest reports of accounts being seized are striking a nerve with online casino players in the States. They are worried that the accounts being seized hold their money and that they won’t be able to recoup control.

In fact, Mr. Ayre has retired, leaving the company in the hands of the Morris Mohawk Gaming Group in Canada. The CEO of Mohawk, Alwyn Morris, has done his best to assure players that their money is in no danger, and has said that the company is set to pay them their money, just as they have always done. For now, it looks like Bodog will continue, business as usual, for another day.

 

 


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