BETonSPORTS Preparing to Leave Costa Rica
Employees and clerks of BETonSPORTS complex in San José are being told that tomorrow's salary will be the last. Severance will follow in 30-90 days.

The news will likely create panic amongst the tens of thousands of BoS customers whose monies have been kept hostage since July 19, when BETonSPORTS voluntarily shut down its operation without formally acknowledging the TRO issued July 17.

Reports have been floating that company cars and personal vehicles used by management have been placed for sale. One  of the management vehicles was found on sale on a local website. The entire company fleet is said to be on sale

Rumors of a possible shut down of Mall San Pedro first spread like wild fires this week.

BETonSPORTS operations manager Dalton Wagner had denied rumors. "While I remain positive about the outcome of the current situation, I think it would be prudent to have a backup option in case this turns negative." Wagner said in a note distributed within the company.

A handful of key employees and management would stay onboard for three months to complete the shut down procedures of BoS premises in Mall San Pedro.

According to BoS sources the Board of Directors is negotiating with the U.S. Justice Department (DoJ) an agreement according to which BETonSPORTS would stop doing business with U.S. customers.

This move would allow BoS to continue to operate with its European and Asian customers. The company would lose approximately 80% of its existing turnover, hence the reason to shut down its Costa Rica facility.

What will happen to players' funds is yet to be learned. If the company shuts down for good a liquidator will be appointed in the U.K. and players will have to file their claims with him. BoS customers are non-priviledged creditors and are entitled to claim their deposits only. Gambling debts, in this case players' winnings, are not enforceable by law in Great Britain. Players would eventually end up recuperating cents to the dollar, if any.

However the company may not shut down but simply "retreat" to the U.K.

Sources reported BETonSPORTS was in the process to migrate all its Web properties under a .co.uk domain name. In this case the company would either continue to service the U.S. via Internet only, like Sportingbet, or discontinue catering the U.S. market therefore refunding U.S. customers.