15/10/2019

From Software Company to Gambling Site


Calvin Ayre / Cole Turner

The thieving allegations by Mayan Sports escalated in after years when it was found 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 industry wasn’t yet aware that he was behind El Moro Finance Ltd. (BVI). The true story came out afterwards that he’d raised capital for Cyberoad as a”consultant”, it failed, and a company he commanded acquired all the assets, at that time he began using an alias (Cole Turner).

This wasn’t the first questionable business dealing between Calvin Ayre.
Calvin AyreThe self-told story about his past is that he had been born to Canadian grain and pig farmers in 1961. After college and a few failed business ventures, he sold everything he owned to raise $10,000 from 1994 to begin a software firm that would become Bodog. What is frequently omitted from the narrative is that his father was convicted in 1987 for smuggling 750 lbs of marijuana. While Calvin wasn’t charged or detained, he had been referred to by the judge as a co-conspirator that”definitely played a part.” In a separate run in with the legislation, in 1991 that he had been civilly charged with insider trading, but settled for a $10,000 fine and was banned by the Vancouver Stock Exchange until 2016.

When it was found that Cole Turner was really Calvin Ayre (the owner of Bodog and eSportz), this made Mayan Sports and many Cyberoad investors mad. It is reasonable to say that Calvin Ayre had no lack of enemies in his early career. However, looking ahead to today, Bodog has ever been an honest and respectable gaming site which has paid all winners. Mayan, on the other hand, proved to be a rogue gambling site (D+ ranked currently). It’s difficult with the facts about implicate Calvin Ayre of considerably, but based on track records conducting a gambling site, Calvin Ayre’s reputation is spotless from the point of view of Bodog account holders and their obligations.

The Book Final
To get back on the right track with the timeline of Bovada history, as stated, the company that began Bodog, eSportz was powering The Big Book and sharing a workplace. Each firm used the exact same payment and accounting firm as well. The narrative of their falling out of Bodog involves a woman named 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. at their beginning (ardently thought to have been another Calvin Ayre firm ) that did all the financial accounting for its ebanx payment method. Vika started as a professional accountant and had such a good (perceived) work ethic her managers increased her cover and coated her schooling involving a CGA designation (Canada’s term for CPA). She eventually reached the cap of the company and hired her buddy Tatiana Kostiouk (known as Tanya).

In time, both Vika and Tanya became enrolling officers in a lot of the organization’s Kazootek Technologies Ltd. (meaning they had access to all bank accounts). By this time, Vika was a true immigration success story earning over $100,000 per year. On June 15th of 2001, life shifted. This was the date on which Vika and Tanya signed the first of several tests utilized to embezzle large sums of money from clients, the majority of which believed them near buddies. As they stole and got away with it for years, their confidence grew. They registered a new employee, Greg Tanner, to help start a competing company, which used technology stolen from Kazootek and finance money from their clients.

According to an article (no longer online) we suspect was composed by Calvin Ayre, they soon dragged The Big Book into a plan to develop into a client and began conspiring how to steal the source code out of eSportz. With an investigation under way to the strange behavior seen from Vika in recent months, alarm bells went off when she gave her inaugural notice in mid-2003. Not allowing her to destroy evidence for the subsequent two weeks, she was promptly escorted out of the building, and her computers and office were locked down for forensic audit. The aftermath was that the filling of a lawsuit, and Bodog ending its partnership with The Big Book. From this day forward, Bodog.com was the only brand powered by the eSportz software.

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