With NFL betting lines set to pick up action over the next few days, many online handicappers will be scrambling to find a new sportsbook, after it was revealed, that TheGreek conglomerate has shut down for good. That’s right sports betting fans, of TheGreek and casual shop BetJamaica; need to find a new sportsbook to wager with, as the company has gone out of business. Here is what it means for the industry.

The collapse of TheGreek sportsbook conglomerate will be discussed at length for years, as it was only a few months ago, that it ranked amongst the top shops in the industry. Comparable to Bookmaker and Bodog, TheGreek and BetJamaica, were a few of the hundreds of online betting sites that were on the wrong end of the US Department of Justice attacks on the industry.

For bettors looking for a new sportsbook to place your wagers with, we suggest BetOnline, as it still takes in NFL bets, despite not operating the United States. Nevertheless, the loss of TheGreek conglomerate will be a huge one on the industry. TheGreek had slowly stepped back from the US in the last few months, as it focused primarily on markets in Central America, Asia and Europe. Yet, due to the economic recession in the US over the last couple of years, TheGreek found itself entrenched in fines from the Department of Justice, as it attempted to shut down one of the best industries on the planet.

From a betting perspective, the loss of TheGreek conglomerate is totally lame. When it came to wagering on your favorite football, baseball, or hockey teams, no sportsbook did it better than TheGreek, as they gave you a choice of straight wagers, and parlays.