CRSportsBet.ag Announces the Acquisition of FastWager.com
- Details
- Category: Gambling Industry
- Created: Thursday, 07 April 2016 17:30
FOR IMMEDIATE RELEASE: April 7, 2016
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 This email address is being protected from spambots. You need JavaScript enabled to view it. 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.
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