Bodog agreed to buy out Betcorp for a reported $9 million. Betcorp operated the successful online sportsbook BetWWTS.com as well as the smaller Oasis sportsbook, BetHoldem Poker and Thunderbolt Casino. The deal which has been reported for weeks was finalized on the morning of November 15th, 2006 when Betcorp's shareholders approved the sale.

Bodog, which is privately held and does not have to answer to shareholders, gave former BetCorp's clients a very early Christmas gift. Here is what BetCorp account holders woke up to Wednesday morning.

"We are pleased to announce that on the morning of November 15th 2006, the shareholders of Betcorp Limited approved the final sale of our operating subsidiaries to Bodog Entertainment Group SA. Bodog has a well deserved reputation for excellence and we are confident that you will enjoy your new account. We recommend that you log into your BetWWTS.com account to collect your new bodog.com account access information. Clients were also very pleased to see an extra 10% bonus provided by BoDog.com"

It was also announced that BoDog.com had joined forces with CappersMall.com as a prime sponsor which was met with plenty of excitement.

Cappers Mall Press Release announcing BoDog sponsorship (http://www.cappersmall.com/forums/showthread.php?t=193069)

Cappers Mall top moderator says, the online sports betting industry has taken some hits the last few months but this is a positive for the offshore industry. BoDog is a major force and one of the positive faces in the fight for the right to be able to gamble online. I know they want to calm the panic if at all possible and the WWTS acquisition was a great start.