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From Software Company to Gambling Site

Calvin Ayre / Cole Turner

The theft allegations by Mayan Sports escalated in later years when it was discovered that the Bodog founder and CEO, then using the alias Cole Turner, was actually Calvin Ayre. This was hugely controversial since at the time, the sector was not yet aware that he was supporting El Moro Finance Ltd. (BVI). The true story came out later that he’d increased capital for Cyberoad as a”consultant”, it collapsed, and a firm he controlled acquired all the assets, at that time he began using an alias (Cole Turner).

This was not the first questionable business dealing between Calvin Ayre.
Calvin AyreThe self-told story about his past is that he was born to Canadian pig and grain farmers in 1961. After college and several failed business ventures, he sold everything he owned to raise $10,000 from 1994 to start a software company that would become Bodog. What’s often omitted from the story is that his dad was detained in 1987 for smuggling 750 pounds of marijuana. While Calvin was not charged or arrested, he had been referred to by the judge as a co-conspirator who”undoubtedly played a part” In a separate run in with the law, in 1991 that he was 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 discovered that Cole Turner was actually Calvin Ayre (the owner of Bodog and eSportz), this made Mayan Sports and lots of Cyberoad investors mad. It is fair to say that Calvin Ayre had no lack of enemies within his early career. However, looking ahead to now, Bodog has always been an honest and reputable gaming site that has paid all winners. Mayan, on the other hand, proved to be a rogue gaming website (D+ ranked now ). It is difficult without all of the facts to implicate Calvin Ayre of considerably, but based on track records running a gambling site, Calvin Ayre’s reputation is spotless from the point of view of Bodog account holders and their payments.

The Book Closing

To get back on track with the timeline of Bovada history, as mentioned, the company that started Bodog, eSportz was powering The Big Book and sharing a workplace. Each firm used the same payment and accounting firm as well. The story of the falling out of Bodog involves a girl called Viktoria Zazoulina (called Vika) who’d immigrated from the Ukraine to Vancouver, BC, Canada in early 1990’s.

Vika chose a position with Kazootek Technologies Ltd. in their beginning (ardently believed to have been another Calvin Ayre firm ) that did all of the financial accounting for its ebanx payment method. Vika started as a junior accountant and had such a great (sensed ) work ethic her supervisors increased her cover and covered her education towards a CGA designation (Canada’s term for CPA). She finally reached the top of the company and hired her friend Tatiana Kostiouk (called Tanya).

In time, both Vika and Tanya became enrolling officers in a lot of the organization’s Kazootek Technologies Ltd. (meaning that they had access to all bank accounts). By this moment, Vika was a genuine immigration success story earning over $100,000 each year. However life shifted. This was the date on which Vika and Tanya signed up the first of many checks utilized to embezzle large sums of money from clients, most of which considered them close buddies. As they stole and got away with it for years, their confidence rose. They registered a new employee, Greg Tanner, to help start a competing company, which used technology stolen from Kazootek and finance money from their clientele.

According to an article (no longer online) we suspect was written by Calvin Ayre, they shortly dragged The Large Book into a strategy to develop into a customer and started conspiring the way to steal the source code from eSportz. With an investigation under way into the odd behaviour seen from Vika in recent months, alarm bells went off when she gave her two-week notice in mid-2003. Not allowing her to destroy evidence for the next two weeks, she was promptly escorted out of the building, and her office and computers were locked down for forensic audit. The aftermath was the ending of a lawsuit, and Bodog finish its partnership with The Big Book. From this day forward, was the sole brand powered with the eSportz computer software.

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