World Sports Exchange founder Steve Shillinger killed himself late Saturday, it was learned by Gambling911.com.
The company he founded was forced to shut down this past week as it was insolvent.
Shillinger shot himself in the head.
It was not immediately clear if the other two founders of WSEX.com, Hayden Ware and Jay Cohen, still had access to player funds.
World Sports Exchange, based out of Antigua, has been slow paying players for well over a year now. Last week the company announced they no longer had the ability to pay despite continuing to accept new players over the past two years.
- Chris Costigan, Gambling911.com Publisher