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World Sports Exchange (WSEX.com) is like Somalia, a failed state….but they still exist. SportsBookReview.com is reporting that it has documented 123 players currently waiting on payments that total $738,852. Many players have been waiting over a year for payouts, though it should be noted a few are trickling in.
The Antiguan-based company, which continues to give the tiny Caribbean nation a bad name in the industry, issued the following statement:
US corresponding banks continue to be the dominant factors for our delayed processing, we will continue through out the next few months to accomplish all the clients who were not addressed during the past couple of months.
Every month commencing January 2012, a maximum value of checks as specified by our financial personnel, will be processed. Once a payment is completed for you, an email notification will be sent, allowing you sufficient time to make arrangements for the courier delivery. At this time, I wish to thank you for your continued correspondence and the patience you have extended throughout these challenging times. Our customer support will always be available to address any further queries. Again, I cannot apologize enough for the continued delays and the grave inconvenience caused to you."
- Chris Costigan, Gambling911.com Publisher
