FOR IMMEDIATE RELEASE: April 7, 2016
CRSportsBet.ag Announces the Acquisition of FastWager.com
San Jose, Costa Rica – Costa Rica based
CRSportsBet.ag, an online gambling and entertainment company, announced today the acquisition of
FastWager.com,
an online sports betting company known for having reduced juice
betting, strong financial backing and excellent customer service.
The announcement was made on Wednesday by James Chu, the CEO of
CRSportsBet.ag who has been reviewing the possible acquisition of
FastWager.com for the past six months.
FastWager.com was
originally owned by a price-per-head operation that wanted to try its
hand at a post-up operation after having such a large success with its
current business model. Even though
FastWager.com was a success, their management wanted to concentrate on their core business and decided to sell it.
After receiving several offers for the sportsbook, they decided to sell
it to CRSportsBet.ag because of their reputation for having great
customer service, fast payouts and competitive betting lines.
“The decision to purchase
Fastwager.com
made sense from our perspective as it allowed us to branch out our
services into the reduced odds market.” said Mr. Chu. “Offering a brand
that offers discounted odds has always been in our future strategic
agenda for the growth of CRSportsBet.ag. When the opportunity came up to
acquire
FastWager.com, it was a no-brainer.”
The acquisition of
FastWager.com
has increased the overall customer base of CRSportsBet.ag by 35% which
in turn has upgraded the status of CRSportsBet.ag from a small operation
to a medium size sportsbook.
CRSportsBet.ag plans to keep the three person staff of
FastWager.com and the current players of
FastWager.com will not notice any discontinuation in service. In fact,
FastWager.com customer will actually be seeing an increase in services offered in the next few weeks as
FastWager.com becomes fully integrated with CRSportsBet.ag.
The
FastWager.com
brand will remain a separate entity under the CRSportsBet.ag umbrella;
however, employee of both brands will undergo a cross-training program
so that all employees will be able to give excellent customer service to
each brand.
Some of these new services
FastWager.com
clients will now have access to include more banking options such as
credit card deposits and players reward advantages that CRSportsBet.ag
clients currently enjoy. Some of these player benefits will include 25%
referral bonuses, 10% Gambler’s Insurance and their warranty bet
promotion. For more information about
FastWager.com visit their website at
www.fastwager.com.
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CRsportsBet.ag is a global sports betting company that offers sports
betting on all major sporting events, Casino gambling and free sports
betting content. CRsportsBet.ag is licensed in Costa Rica and backed by
over 50 years of combined experience in the online gambling industry.
Visit www.CRSportsBet.ag or e-mail us at support@crsportsbet.ag for more information.
Safe Harbor Statement: Statements in this announcement that are not
strictly historical may be “forward-looking” statements, which involve
risks and uncertainties. These include risks and uncertainties relating
to customer and supplier relationships and prices, competition, market
demand, litigation and other contingent liabilities, the integration and
operation of acquired businesses, and economic, political, governmental
and technological factors affecting CRsportsBet.ag operations, markets,
products, services and prices, among others, as set forth in public
filing.
