Cris Is Likely To Take Over Asap...

[THE SHRINK]

I spoke with ASAP and CRIS today about a possible take over/merger of these sports books...

The main guy at ASAP is meeting with the main guy at CRIS today. According to a reliable source, the deal is likely to go through. All that appears to be holding things up is the dotting of "I"'s and the crossing of "T"s with regards to paperwork.

This is GREAT news for our industry as it looks like one very strong sports book, namely CRIS, is ponying up to bail out ASAP...

I will follow through with further details as soon as they emerge...

THE SHRINK

 

[HateTheRiverCard]

Shrink.. you say Bail Out... are they just buying out ASAP or are players (credit and/or post up) owed money to which Cris will now assume the debt?

Thanks for any feedback.

HTRC

 

[THE SHRINK]

HTRC,

Good question, but I don't know the definitive answer to it at the present time. I suspect that if CRIS does take over ASAP'S operation, all the debt will be paid as well...

THE SHRINK

 

[HateTheRiverCard]

Thanks and let us know if you hear anything further, I assume they will continue under the ASAP name and just be under the CRIS umbrella unless otherwise stated.

HTRC

 

[BoratSagdiyev]

What happened to Ritchie?

 

[bigperm+]

So is Bet Atlantic going under the CRIS umbrella also???????

 

[THE SHRINK]

big perm,

If deal goes through, I would think so....

THE SHRINK

 

[bigperm+]

I asked this before is Bet Atlantic also in trouble

 

[jjgold]

Good news

 

[Fishhead]

Any more news on this front?