Archive for the ‘Legends’ Category.

Wagerweb Assuming Legends Balances

April 21, 2013

Apparently WagerWeb (Rating A+) is assuming the balances of freshly out of business Legends Sportsbook.  The reporting on the rollover for these newly transferred accounts have varied but it appears it may be as high as a 10X rollover.  Earlier in the week it was reported as a 2X rollover which would have been much more fair to […]

Legends Sportsbook Shut Down

April 17, 2013

A few days ago we reported that there were indictments handed down in the case of Legends Sportsbook by the U.S. Government.  The sportsbook apparently had been mostly run by U.S. based citizens and was operating from Panama City, Panama.  Since that time the government of Panama has revoked Legends’ gaming license.  They are no longer taking wagers. Legends has […]

34 Charged with Operating Illegal Sports Betting

April 13, 2013

34 individuals were charged this week with conducting an illegal sports betting operation. The defendants were connected to Legends Sportsbook located in Panama City Panama. Legends opened in 2003 and  has, according to U.S. authorities, taken in over $1 Billion in bets since that time. Legends has been rated “A” and “A+” the entire time […]