Richcoast was not a failure. due to their main financial backer having health problems (THAT I CONFIRMED), they chose it would be best to leave the industry. after about a year of operation, they had a solid foundation and reputation. there was no sense in just paying everyone and closing the doors. at that point, they decided to find someone who would want to take over.
richcoast had around 40% of player obligations sitting in their merchant accounts. based on that alone, this book could have easily kept operating business as usual. believe me, many books have done so in much worse condition.
sportsbookreview is a powerful entity and they know it. their FALSE REPORTS AND LIES regarding this situation jeopardized all of the players with money in richcoast. They did this for one reason. They wished to hurt the credibility of TOW and the endorsed rookie program here. this was the second attempt to destroy the reputation of an endorsed rookie book in the last week since TOW decided not to continue our advertising campaign with sbr. the first attempt was when they reported a slow pay, that just happened to be one of their moderators was the ONLY person who was being slow paid.
anyone who has read the shitty comments at sbr in the last week about TOW can surely see how agenda driven they have been. In all the years i have worked in this industry, i have NEVER seen anyone so carelessly try to intentionally hurt players.
The reason this situation took so long to resolve, was because the original new owners backed out when sbr damaged the richcoast name with their lies. Had sbr NOT posted their false reports, richcoast players would have been withdrawing, depositing, and placing wagers business as usual the same day that the site went down.
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richcoast had around 40% of player obligations sitting in their merchant accounts. based on that alone, this book could have easily kept operating business as usual. believe me, many books have done so in much worse condition.
sportsbookreview is a powerful entity and they know it. their FALSE REPORTS AND LIES regarding this situation jeopardized all of the players with money in richcoast. They did this for one reason. They wished to hurt the credibility of TOW and the endorsed rookie program here. this was the second attempt to destroy the reputation of an endorsed rookie book in the last week since TOW decided not to continue our advertising campaign with sbr. the first attempt was when they reported a slow pay, that just happened to be one of their moderators was the ONLY person who was being slow paid.
anyone who has read the shitty comments at sbr in the last week about TOW can surely see how agenda driven they have been. In all the years i have worked in this industry, i have NEVER seen anyone so carelessly try to intentionally hurt players.
The reason this situation took so long to resolve, was because the original new owners backed out when sbr damaged the richcoast name with their lies. Had sbr NOT posted their false reports, richcoast players would have been withdrawing, depositing, and placing wagers business as usual the same day that the site went down.
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