Betcris
Encyclopedia
BetCRIS is a company offering online gambling
services, including sports betting
, online casino
games, online bingo
and mobile gambling
.
The company currently operates in the Republic of Costa Rica with satellite offices in Dominican Republic
, Venezuela
, Argentina
, Spain
, Mexico
, Panama
, Brasil and 12 other countries. The company opened the first sportsbook
in the Dominican Republic
in 1985.
In 2003 BetCRIS was the victim of numerous attacks and extortion
which resulted in their website being offline for almost a month.
In 2007 the company set up the first sportsbook
in Rwanda where they entered into partnership with Rwanda Lotto.
.
In the same year the company also took bets on when Fidel Castro
would die. A disproportionate number of bets were taken from the Miami area.
Online gambling
Online gambling, also known as Internet gambling and iGambling, is a general term for gambling using the Internet.-Online poker:Online poker tables commonly offer Texas hold 'em, Omaha, Seven-card stud, razz, HORSE and other game types in both tournament and ring game structures...
services, including sports betting
Sports betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome.-United States of America:Aside from simple wagers such as betting a friend that one's favorite baseball team will win its division or buying a football "square" for the Super Bowl, sports betting is...
, online casino
Online casino
Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional casinos. Online casinos enable gamblers to play and wager on casino games through the Internet....
games, online bingo
Online bingo
Online bingo is the game of bingo played on the Internet. It is estimated that the global gross gaming yield of bingo was US$500 million in 2006, and it is forecasted to grow to $1,000 million by 2010....
and mobile gambling
Mobile gambling
Mobile gambling refers to playing games of chance or skill for money by using a remote device such as a tablet computer, smartphone or a mobile phone with a wireless internet connection...
.
The company currently operates in the Republic of Costa Rica with satellite offices in Dominican Republic
Dominican Republic
The Dominican Republic is a nation on the island of La Hispaniola, part of the Greater Antilles archipelago in the Caribbean region. The western third of the island is occupied by the nation of Haiti, making Hispaniola one of two Caribbean islands that are shared by two countries...
, Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
, Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
, Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
, Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
, Panama
Panama
Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...
, Brasil and 12 other countries. The company opened the first sportsbook
Sportsbook
In the United States a sportsbook or a race and sports book is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, hockey, soccer, horse racing, boxing, and mixed martial arts. The method of betting varies with the sport and the type of...
in the Dominican Republic
Dominican Republic
The Dominican Republic is a nation on the island of La Hispaniola, part of the Greater Antilles archipelago in the Caribbean region. The western third of the island is occupied by the nation of Haiti, making Hispaniola one of two Caribbean islands that are shared by two countries...
in 1985.
In 2003 BetCRIS was the victim of numerous attacks and extortion
Extortion
Extortion is a criminal offence which occurs when a person unlawfully obtains either money, property or services from a person, entity, or institution, through coercion. Refraining from doing harm is sometimes euphemistically called protection. Extortion is commonly practiced by organized crime...
which resulted in their website being offline for almost a month.
In 2007 the company set up the first sportsbook
Sportsbook
In the United States a sportsbook or a race and sports book is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, hockey, soccer, horse racing, boxing, and mixed martial arts. The method of betting varies with the sport and the type of...
in Rwanda where they entered into partnership with Rwanda Lotto.
Controversy
In 2006, the company offered bets on whether a hurricane would hit the mainland US. This prompted angry responses from Louisiana's governor, Kathleen BlancoKathleen Blanco
Kathleen Babineaux Blanco was the 54th Governor of Louisiana, having served from January 2004 until January 2008. She was the first woman to be elected to the office of governor of Louisiana....
.
In the same year the company also took bets on when Fidel Castro
Fidel Castro
Fidel Alejandro Castro Ruz is a Cuban revolutionary and politician, having held the position of Prime Minister of Cuba from 1959 to 1976, and then President from 1976 to 2008. He also served as the First Secretary of the Communist Party of Cuba from the party's foundation in 1961 until 2011...
would die. A disproportionate number of bets were taken from the Miami area.