moneyline$$:
It is a common belief that if the mighty Spiros refuses to make transfers from/to another company, that other company might be in a situation of financial hardship. And that belief is generally true and although I have no inside info on Royal's fianacial situation, I do think it's very necessary for us to consider the following points:
<LI>Royal as a BOOKING company, has been conducting business for a long time now. The guys have a large base of loyal customers.
<LI>Nobody in this industry can state ROYAL is in financial hardship. NOBODY has factual proves.
<LI>Royal BOOKS, they do not bet. AT least not as a company.
<LI>Spiros was interested in purchasing Royal. For some reason the deal fell appart. It could very well happen that there were hard feelings sheltered by the parts involved, reason why they chose to cut one and all links. That would include the ability to transfer FUNDS from one company to the other.
I must also say I do not know squatt. But before all the agenda posters start bashing Royal, it's good to consider BetRoyal has been known for being a good, solid and financially stable book for many years already. Just keep that on mind.
It is a common belief that if the mighty Spiros refuses to make transfers from/to another company, that other company might be in a situation of financial hardship. And that belief is generally true and although I have no inside info on Royal's fianacial situation, I do think it's very necessary for us to consider the following points:
<LI>Royal as a BOOKING company, has been conducting business for a long time now. The guys have a large base of loyal customers.
<LI>Nobody in this industry can state ROYAL is in financial hardship. NOBODY has factual proves.
<LI>Royal BOOKS, they do not bet. AT least not as a company.
<LI>Spiros was interested in purchasing Royal. For some reason the deal fell appart. It could very well happen that there were hard feelings sheltered by the parts involved, reason why they chose to cut one and all links. That would include the ability to transfer FUNDS from one company to the other.
I must also say I do not know squatt. But before all the agenda posters start bashing Royal, it's good to consider BetRoyal has been known for being a good, solid and financially stable book for many years already. Just keep that on mind.
Joey C:
If you haven't heard anything bad about Royal, then chances are there's nothing bad about them.
It seems to me there's a tendency by the big boys to get more and more people in bed with them. Some books have the ability to profit from the resulting situation, some others decide to stay out and simply book. Royal I think, is a loner.
And again, this is only what I can read in between the lines. If I was given the chance to enter that elite, believe me Joey, I would; in a drop of a dime.
But I don't think it's cool to involve good books in smear campaigns. And Royal is a good book.
As for this statement of yours:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Nobody wants or needs another offshore disaster<HR></BLOCKQUOTE>
I think it pretty says it all, my man. A business reltionship is basically founded in TRUST. When it comes to people from the mainland sending their hard earned cash off-shore to somebody they do not know, this issue is not only basic, but it becomes crucial and irreplaceable.
At this point in time, another big boy falling might have an in-chain effect. Like a domino. Not because of bounds, but solely because people would refuse to post-up at all. Then you would have all this big companies fighting each other over the few WISE guys that would still be willing to play offshore. Ugly picture.
McCartney said it very well... "Live and let live", or was it "live and let die"?
If you haven't heard anything bad about Royal, then chances are there's nothing bad about them.
It seems to me there's a tendency by the big boys to get more and more people in bed with them. Some books have the ability to profit from the resulting situation, some others decide to stay out and simply book. Royal I think, is a loner.
And again, this is only what I can read in between the lines. If I was given the chance to enter that elite, believe me Joey, I would; in a drop of a dime.
But I don't think it's cool to involve good books in smear campaigns. And Royal is a good book.
As for this statement of yours:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Nobody wants or needs another offshore disaster<HR></BLOCKQUOTE>
I think it pretty says it all, my man. A business reltionship is basically founded in TRUST. When it comes to people from the mainland sending their hard earned cash off-shore to somebody they do not know, this issue is not only basic, but it becomes crucial and irreplaceable.
At this point in time, another big boy falling might have an in-chain effect. Like a domino. Not because of bounds, but solely because people would refuse to post-up at all. Then you would have all this big companies fighting each other over the few WISE guys that would still be willing to play offshore. Ugly picture.
McCartney said it very well... "Live and let live", or was it "live and let die"?
RPM - Just curious but would you have made your last post if they were not a sponsor?
Walk,
I agree if Royal failed it would be a very bad blow to Curacao books and the industry.
Royal is not going to fail in AcesGold fashion. Worst case scenario is some kind of take-under or bailout but complete failure is not in the cards I don't believe.
There are buyers for Royal even on the Island but not at Spiros price. The best bet here is that Royal will be sold just prior to Football.
Walk,
I agree if Royal failed it would be a very bad blow to Curacao books and the industry.
Royal is not going to fail in AcesGold fashion. Worst case scenario is some kind of take-under or bailout but complete failure is not in the cards I don't believe.
There are buyers for Royal even on the Island but not at Spiros price. The best bet here is that Royal will be sold just prior to Football.
buzzsaw,
yes, without a doubt i would have made that comment if royal wasnt an advertiser. i was just trying to let people know that their money is safe.
even with the run all this negative exposure about management changes has caused, royal is still paying people VERY QUICKLY.
and btw, I AM STILL PLAYING THERE.
yes, without a doubt i would have made that comment if royal wasnt an advertiser. i was just trying to let people know that their money is safe.
even with the run all this negative exposure about management changes has caused, royal is still paying people VERY QUICKLY.
and btw, I AM STILL PLAYING THERE.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by RPM:
just want to add to this that there have been NO PAYOUT PROBLEMS REPORTED AT ROYAL.<HR></BLOCKQUOTE>
Buzz
I think RPM is just stating a fact I will come to his defense here.
just want to add to this that there have been NO PAYOUT PROBLEMS REPORTED AT ROYAL.<HR></BLOCKQUOTE>
Buzz
I think RPM is just stating a fact I will come to his defense here.
Buzz,
You posted:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Royal is not going to fail in AcesGold fashion. Worst case scenario is some kind of take-under or bailout but complete failure is not in the cards I don't believe.<HR></BLOCKQUOTE>
What you just posted makes me wanna ask you a couple of questions:
1. Are you aware of any situation of financial hardship in BetRoyal? It seems to me the only books in need of a bailout or take-under are those who are not capable of standing on their own 2 feet.
2. What do you consider a failure? Will they fail to keep on running the operation? If they indeed close their doors to wagering bucks, will they be able to pay all of their post-up customers?
3. You said there are buyers even on the island. Curacao is not a big place, so I'm sure most of all can count these potential buyers with the fingers in one hand. Would you name this potential buyers?
I know for a fact that'd be liability, I'm just busting your balls with this last question.
Codeworks:
Why do you think RPM needs to be deffended? I didn't see anything wrong with Buzzsaw's question.
You posted:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Royal is not going to fail in AcesGold fashion. Worst case scenario is some kind of take-under or bailout but complete failure is not in the cards I don't believe.<HR></BLOCKQUOTE>
What you just posted makes me wanna ask you a couple of questions:
1. Are you aware of any situation of financial hardship in BetRoyal? It seems to me the only books in need of a bailout or take-under are those who are not capable of standing on their own 2 feet.
2. What do you consider a failure? Will they fail to keep on running the operation? If they indeed close their doors to wagering bucks, will they be able to pay all of their post-up customers?
3. You said there are buyers even on the island. Curacao is not a big place, so I'm sure most of all can count these potential buyers with the fingers in one hand. Would you name this potential buyers?
Codeworks:
Why do you think RPM needs to be deffended? I didn't see anything wrong with Buzzsaw's question.
walk,
i didnt really think i needed defended either, especially since buzzsaws comment wasnt even actually a question. it was just a pitiful attempt to discredit me. people like buzzsaw are irreasponsibley putting royal "in play" in my opinion.
CODEWORKS IS JUST A SMART ENOUGH POSTER TO BE ABLE TO SEE THE TRUTH.
im not paid to protect anyone. im paid to keep the forums clean of bullshit.
i didnt really think i needed defended either, especially since buzzsaws comment wasnt even actually a question. it was just a pitiful attempt to discredit me. people like buzzsaw are irreasponsibley putting royal "in play" in my opinion.
CODEWORKS IS JUST A SMART ENOUGH POSTER TO BE ABLE TO SEE THE TRUTH.
im not paid to protect anyone. im paid to keep the forums clean of bullshit.
RPM & Codeworks:
I didn't think there was more to it that just the evident. Besides, RPM didn't say or do anything wrong. And above all, I don't think a big guy like RPM needs to be deffended. My posts have no ulterior motives, my questions want to be legitimate inquiries.
As for the book itself, I've known BetRoyal to be a great book in the past. I'm just trying to learn as much as I can, and last time I checked questioning was the right way to get answers.
That's all brothermen.
I didn't think there was more to it that just the evident. Besides, RPM didn't say or do anything wrong. And above all, I don't think a big guy like RPM needs to be deffended. My posts have no ulterior motives, my questions want to be legitimate inquiries.
As for the book itself, I've known BetRoyal to be a great book in the past. I'm just trying to learn as much as I can, and last time I checked questioning was the right way to get answers.
That's all brothermen.
Walk,
I think you could guess the names. You know if I mention names I get to see my pinky finger in a jar so I'm going to pass on that one. None are going to pay Spiros price thats for sure. But remember, the few large books on the island were hurt badly by AcesGold stiff job. They will not let this happen I don't think.
It's just my guess, but I think Royal will keep paying and that no customers will be stiffed. There will probably be some slow pays eventually but only because the Dutch are so cheap amd will miss deadlines to fund accounts. But as I've said many times, the Dutch are not going to run, they have no where to go. They will keep paying until they unload it. (Again, all guess work on my part)
I think you could guess the names. You know if I mention names I get to see my pinky finger in a jar so I'm going to pass on that one. None are going to pay Spiros price thats for sure. But remember, the few large books on the island were hurt badly by AcesGold stiff job. They will not let this happen I don't think.
It's just my guess, but I think Royal will keep paying and that no customers will be stiffed. There will probably be some slow pays eventually but only because the Dutch are so cheap amd will miss deadlines to fund accounts. But as I've said many times, the Dutch are not going to run, they have no where to go. They will keep paying until they unload it. (Again, all guess work on my part)
Buzz:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>You know if I mention names I get to see my pinky finger in a jar so I'm going to pass on that one.<HR></BLOCKQUOTE>
LMFAO!!! True brother, true. So what you're basically saying is that BetRoyal is not likely to stiff players, despite of the clumsy way in which these Dutchmen conduct beusiness? And you're only guessing, though.
Good post Buzz
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>You know if I mention names I get to see my pinky finger in a jar so I'm going to pass on that one.<HR></BLOCKQUOTE>
LMFAO!!! True brother, true. So what you're basically saying is that BetRoyal is not likely to stiff players, despite of the clumsy way in which these Dutchmen conduct beusiness? And you're only guessing, though.
Good post Buzz
