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Old 02-10-2011, 01:11 PM
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Default Get your money out of World Sports Exchange (WSEX)

How far the mighty have fallen! WSEX, once an A+ rated sports book now owes players over $300,000. If you have any money with them - get it out of there - Interbook transfer would probably be your best bet at the moment. Hopefully they will recover eventually.

As reported by the SBR - Matchbook was supposed to announce a seperation from WSEX ownership in early January. Alarming that that has not yet come.

From SBR:

WSEX Sportsbook update: $327,872 owed to players
1/22/2011 2:38:35 PM


WSEX Sportsbook (sportsbook rating D-) is now slow-paying forty-two players $327,872. In SBR's last WSEX update, the sportsbook's player debt was $251,298. Twelve new sportsbook payout complaints have been reported by WSEX players. | Full WSEX Report

WSEX Payouts
WSEX players last confirmed receiving partial payments on 1/11. SBR reported that one player received a $2,500 payment, and a second player received $1,800.

Matchbook ownership set to announce seperation from WSEX Sportsbook
On 1/6, SBR reported that Matchbook (sportsbook rating B-) executives were planning to announce their seperation from WSEX. WSEX held an ownership stake in Matchbook since 2005. Despite WSEX's fall and multiple downgrades, Matchbook remained in good standing without players reporting any delinquent payout requests. SBR is expecting a press release from the Matchbook camp announcing the exchange's plans to become a new, fully independent gaming company
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