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Atlantic West Gaming decides to allow US players to wager with real money at Bookyourbet.com

23 Oct 2006

In response to the Unlawful Internet Gambling Enforcement Act, Atlantic West Gaming had this to say:

Atlantic West Gaming Entertainment Ltd. Is operating only one gaming site for "real money" at the moment, and all of our other sites are being converted to "play for fun only", and will be re-directed to our new site shortly.

This site is: www.bookyourbet.com, and is the only site that we wish to promote for the moment.

Book your Bet is a full service site that contains Casino Games, a Virtual Sports Book, and within the next 90 days, Multi-Player Poker.

We are accepting U.S. players, and plan to continue to do so.

We allow play for real money activities to players in all but the following states that have valid regulations prohibiting internet gaming; IL, IN, LA, MI, NV, OR, SD, and WA. Players in these stats can only "play for fun".

Because we utilize a unique transaction processing system, we don't believe that we will be affected in any way by the recent U.S. legislation.

We require our players to effectively open up their own "foreign bank account" (this is done automatically when they sign up, and requires the player to provide all of the documentation required for a bank account, before they can actually use it), and while there are many ways that the player can fund that account, the actual money residing in that account is not in USD, but rather in EC$ or Euro$.

When a player funds their gaming account, they first must transfer money from their "foreign bank account" to their Antiguan gaming account.

Since no U.S. banks or U.S. money is actually involved in the transaction to the gaming account, we believe that the new U.S. regulation will have no affect on us.

 
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