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Bodog buys Betcorp

17 Nov 2006

COSTA RICA -- (PRESS RELEASE) -- Bodog agreed to buy out Betcorp for a reported $9 million. Betcorp operated the successful online sportsbook as well as the smaller Oasis sportsbook, BetHoldem Poker and Thunderbolt Casino. The deal which has been reported for weeks was finalized on the morning of November 15th, 2006 when Betcorp's shareholders approved the sale.

Bodog, which is privately held and does not have to answer to shareholders, gave former BetCorp's clients a very early Christmas gift. Here is what BetCorp account holders woke up to Wednesday morning.

"We are pleased to announce that on the morning of November 15th 2006, the shareholders of Betcorp Limited approved the final sale of our operating subsidiaries to Bodog Entertainment Group SA. Bodog has a well deserved reputation for excellence and we are confident that you will enjoy your new account. We recommend that you log into your account to collect your new account access information. Clients were also very pleased to see an extra 10% bonus provided by"

It was also announced that had joined forces with as a prime sponsor which was met with plenty of excitement.

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