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Betonsports.com shuts down US operations

By 20 Jul 2006

Betonsports.com has closed down 85 per cent of its business by “temporarily discontinuing” its US-facing sports betting services.

The Costa Rica-based company did so under the conditions of a US-enforced restraining order and now only has its Asia-facing websites up and running.

The news follows the arrest of 11 people, including Betonsports chief executive, David Carruthers, on conspiracy, racketeering and fraud charges.

Betonsports.com has closed down 85 per cent of its business by “temporarily discontinuing” its US-facing sports betting services.

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