Someone set me straight on the situation at ROYAL

[dimeplayersonly]

i am not up to speed on the situation at Royal....

but from what Shrink said there hasnt been a instance of slow or no pay.....


if this is true, all the brouha about Royal stiffing players seems unfounded...

it appears Royal is putting the players first, (by paying on time)..

if in fact they are struggling.......they need to have the guts to pull up and settle obligations, rather than hope a silver lining appears....

a book like any other business knows when its in trouble.........its not like this happened over night...hopefully everything will turn out for the best.

 

[loveladys7777]

Been reading bullshit talk for 9 months..You play and you have been paid! Unreal all the bullcrap in threads.....

 

[dimeplayersonly]

oldfriend.........thats what i mean, if everyone is getting paid whats the deal????


there is alot of jeaoulsy in this industry (not saying that applies to this) but bookmakers have always been prone to greediness, jealously and rumors

 

[DickyW]

Dimes
Lets say you and I are business partners and you could'nt stand working with me so you threw me the keys and said I'm gone. Since you were the partner that was always front and center with our customers do I really think the players are going to be loyal to ME?

 

[dimeplayersonly]

Dicky...........are you saying this is the case with royal??

if it is, then what does that have to do with players getting paid???

 

[DickyW]

DPO
Nothing! Customers are being paid that is a fact, But IMO stiffing has it's symptoms. Some of those symptoms are showing, it may or may not be serious. Without knowing the current mgt it would be unfair for me to guess one way or the other. Some poster stated that Royal has not paid Olympic back and the deal to sell is dead. I would like to know if that is rumour or fact

 

[~7~]

well several of hte biggest books in the industry no longer except tradnfers with them. Be carefull

 

[dimeplayersonly]

Dicky........your correct about stiffing has its symptoms...

maybe its just a management conflict with the other books..ie.Olympic

 

[DickyW]

DPO
I agreee with Shrinks approach "tread lightly"

 

[ppeter]

will all the offshore "insiders" clue us "squares" into WTF you are talking about?

 

[Seymour]

In my opinion it is hard for any book to flat out go UNDER unless they are giving away the store and using real off numbers or just new ti the industry. Royal is not doing this at all and has not been. Plus, Royal has been around for as long as any other book so they have loyal customers and they know the business well (they are not going to make rookie mistakes).

That being said, the majority of books that run off with your money were effing thieves in the first place, for example, Bill from NAB was a effing thief from the get go and he wound up stealing. NAB did not just all of a sudden get into debt - it was in their mind to steal everyone's money from the start (and I know this because a year ago a head person from Bowmans told me that within a week NAB is going to be back at the RX - he also said he could not understand how the RX would let NAB advertise here - he also warned me of them - point is he knew they were scumbags who had a great chance of running off with the post ups - to this day I am thankful that I got this info or Bill would have gotten me for at least 5 dimes). Royal is as honest as they come. They can't pay you fast enough. Even with all these negative rumors and the obvious run on their bank they keep paying like a drum.

When you have a quality book that has been around and paying for years I will defer to the book first. Aces Gold was not around for years. This appears to be the same rumors that I have heard about Bowmans, Pinnacle, Heritage and Cascade oevr the years - all of these books were allegedly going under "any day soon" at one point. However, all of these books are established books and have years of making honest payments to back that up - and Royal falls into this category too. I would like to hear of a book that had an honest reputation for 5 years or more that ran off with customer's money.

 

[VG789]

Totally agree with Seumour.
Althought I must admit that ve never played there myself,this place seems ok,never heard of something bad,and thats very-very important.

 

[theswami]

The interesting thing about the situation is why anyone would take the risk by playing with them. Forget the old cliche about "where there's smoke, there's fire" just assume there is no fire. Look at the fact that there are literally close to a dozen PERFECT substitutes for most offshore books. Why wouldn't you just play at one of these where is risk is small or non-existant?

 

[24-7SportingNews]

quote:
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Originally posted by THE SHRINK: March 15, 2003 11:41 PM

ROYAL SPORTS isn't even close to being what they once were....

Once ROYAL figures out how they are going to handle their upper management conflicts, then maybe they can survive and become the GIANT the once were...

Until then, I'd stay away from them...

THE SHRINK
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I happen to agree with "The Shrink." Nothing about Royal's upper management conflicts have changed since March 15. Maybe they have worsened! Shrink's advice to "stay away" is good advice.