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World Sports Exchange founder Steve Shillinger reportedly left a suicide note behind prior to taking a gun to his head last week.
Antigua-based WSEX.com was one of the first online sportsbooks and among the biggest success stories. In recent years, the company has fallen on bad times. The 2009 collapse of Antigua’s biggest bank, Sanford International Bank, was widely rumored to have played a role in World Sports Exchange’s demise. WSEX was believed to owe over $1 million to players prior to their abrupt shutdown just days before Schillinger's death.
Hartley Henderson of OSGA.com:
According to sources close to the scene Schillinger left a note stating that he could no longer live with the guilt of not being able to pay customers and his death coincided with WSEX shutting down its web site the same day.
Despite the report of a suicide note, Antiguan authorities had not yet ruled out foul play last week.
Schillinger, a native of the San Francisco Bay area, was indicted for violation of The Wire Act in 1998 and had not returned back to the US since that time.
Gambling911.com can confirm that local San Francisco media outlets have been looking into this matter.
- Chris Costigan, Gambling911.com Publisher
