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History of Bodog and Bovada

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Bovada.lv is a new online gambling site powered by Bodog. They are possessed by Mohawk Morris Gaming Group (MMGG) that has been licensing Bodog applications, brand name, and support providers because 2007. Together with Bodog currently growing in lawful markets, they no longer want for their brand name related to United States betting. As a result, the new Bovada.lv brand was made on December 14, 2011 for US players, while non-US players still utilize Bodog branded websites. Below, we cover their background in great depth.
Starting as a Software Company
The history of Bodog/Bovada begins with a software company called Cyberoad established in 1997. This firm powered three of their Internet’s first online sportsbooks: mayansports.com, thebigbook.com, and granprixsports.com, every launched in 1998.
These gambling sites were unique, having a payment method named eBanx that allowed bettors to finance their account with credit cards, and cash out with e-checks. Since you are able to learn in our background of sportsbook.com (another competitor from the exact same age ) this was unusual. Most online gambling sites back then depended upon Western Union or money agents, making online payment processing a massive plus.
Sometime in 1999, Cyberoads bought ebanx, although there was a powerful indication that they owned ebanx. The mastermind behind all this is believed to be Calvin Ayre, a”consultant” to both Cyberoad and eBanx, while his firm El Moro Finance Ltd. (BVI) was a secured lender. However this performed (there are a number of sides to the story), in late 2000 after increasing a lot of money with a plan to go public, Cyberoad failed. El Moro Finance Ltd. (BVI) ended up acquiring its assets, which were subsequently assigned to a subsidiary named eSportz that showed up in late 2000 claiming to have been at the company of providing software since 1995.
By Software Company to Gambling Site When Cyberoad neglected, the three sportsbooks it powered were without software. Grand Prix along with the Big Book were both based in the exact same office in Costa Rica, but they’d separate possession. The Big Book ended up purchasing Grand Prix after which signed on to utilize the exact same software, now branded as eSportz. Mayan Sports, however, was located in the Dominican Republic and seemingly did not come to terms with eSportz. This caused a major controversy that entailed the production of Bodog.
In early 2001, Mayan Sports was offline when many of their clients got an email from a then unheard of sportsbook named bodog.com, claiming their user name and password could currently do the job here. As it turns out, Bodog was a self-operated brand by eSportz that shared an office with their primary client, ” The Big Book. For years to come, Mayan could accuse Bodog of getting stolen their clients.
Calvin Ayre / Cole Turner
The thieving allegations by Mayan Sports escalated in later years when it was found the Bodog founder and CEO, then using the alias Cole Turner, was really Calvin Ayre. This was hugely controversial since at the moment, the sector wasn’t yet conscious that he had been supporting El Moro Finance Ltd. (BVI). The true story came out later that he had raised capital for Cyberoad as a”consultant”, it collapsed, and a company he commanded acquired all the assets, in that time he began using an alias (Cole Turner).
This wasn’t the first questionable business dealing involving Calvin Ayre.
Calvin AyreThe self-told story about his past is that he was born to Canadian grain and pig farmers in 1961. After college and several failed business ventures, he sold everything he owned to raise $10,000 in 1994 to begin a software company that would become Bodog. What’s frequently omitted from the narrative is that his dad was convicted in 1987 for smuggling 750 pounds of marijuana. While Calvin wasn’t charged or detained, he had been referred to by the judge as a co-conspirator who”definitely played a part.” In a separate run in with the legislation, in 1991 he had been civilly charged with insider trading, but settled for a $10,000 fine and was banned by the Vancouver Stock Exchange before 2016.
When it was found that Cole Turner was actually Calvin Ayre (the proprietor of Bodog and eSportz), this made Mayan Sports and many Cyberoad investors angry. It’s fair to say that Calvin Ayre had no shortage of enemies within his early career. However, looking ahead to today, Bodog has ever been an honest and respectable gaming site which has paid all winners. Mayan, on the other hand, was a rogue gaming website (D+ rated now ). It is difficult without all the facts about implicate Calvin Ayre of considerably, but according to track records conducting a gaming site, Calvin Ayre’s reputation is spotless from the point of view of both Bodog account holders and their payments.
The Big Book Final To get back on track with the deadline of Bovada history, as stated, the company that began Bodog, eSportz was powering The Large Book and sharing an office. Each firm used the same payment and accounting firm too. The story of their falling out of Bodog involves a woman called Viktoria Zazoulina (called Vika) who had immigrated from the Ukraine to Vancouver, BC, Canada in early 1990’s.
Vika chose a position with Kazootek Technologies Ltd. at their start (ardently believed to have been a different Calvin Ayre company) that did all the financial accounting for the ebanx payment system. Vika started as a professional accountant and had such a good (sensed ) work ethic that her managers increased her cover and coated her schooling involving a CGA designation (Canada’s term for CPA). She finally reached the cap of the company and hired her buddy Tatiana Kostiouk (known as Tanya).
With time, both Vika and Tanya became signing officers in a lot of the company’s Kazootek Technologies Ltd. (meaning they had access to all bank accounts). By this moment, Vika was a genuine immigration success story earning over $100,000 per year. But on June 15th of 2001, life changed. This was the date on which Vika and Tanya signed the first of several checks used to embezzle large sums of money from clients, the majority of which believed them close friends. As they stole and got away with it for decades, their confidence grew. They registered a new employee, Greg Tanner, to help start a competing firm, which used technology stolen from Kazootek and finance money from their clientele.

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