JazzSports has been around for what feels like forever. Since 1994, to be exact. That kind of longevity in the offshore sportsbook world is rare and not without its share of bumps along the road. For years, Jazz and its sister brands (ABCIslands, LooseLines, BetOdds) were a go-to spot for sharp bettors, recreational players, and just about everyone in between. But let’s not sugarcoat it things got rough.

Mismanagement, slow pays, and murky financials dragged the brand’s reputation through the mud. Online forums like SBR are full of threads from frustrated bettors some rightly angry over frozen accounts, others perhaps pushing the limits of what sportsbooks can tolerate. The brand became more associated with warning signs than weekend parlays. And yet… here we are in 2025, talking about JazzSports again only this time, there’s reason to be cautiously optimistic.

In August 2024, a new investor group quietly took over JazzSports and its related brands. On paper, it looked like a classic rescue operation: take a once-promising but badly mismanaged sportsbook and try to stabilize it. Internally, they moved fast. The new owners initially worked alongside the outgoing team to manage outstanding debts and operational chaos.

But things didn’t go as planned. It turns out the previous owner hadn’t been upfront. Hidden debts surfaced. There were signs of outright theft. As the curtain was pulled back, the new group made a clean break.

They’ve since made it clear that prior liabilities including player balances owed from years past rest solely with the former ownership.That’s a hard pill for some players to swallow, especially those who feel they were left holding the bag. And it’s created a flurry of complaints on industry forums from players (mostly known advantage players and bonus chasers) who’ve had their accounts closed or funds withheld due to violations of the sportsbook’s terms.

Here’s where it gets tricky and maybe a little controversial. The new Jazz team is trying to run a clean, sustainable book. That means tightening up risk management policies, which were, in their own words, “all but nonexistent” under the old regime. They’re reviewing accounts, particularly focusing on betting syndicates, collusion patterns, and players who’ve historically abused bonuses or skirted limits.

That has led to real pushback from some corners of the player community. Some complaints are justified; others, less so. But the reality is that for JazzSports to survive (let alone thrive), the house has to protect itself from being picked apart by professional bettors looking to exploit loopholes.

This isn’t unique to Jazz. Many offshore books have faced this tension how do you welcome casual bettors while limiting exposure to sharp action and coordinated betting groups? It’s not an easy answer, and there’s no perfect solution. But it seems the new group is trying to walk that line, even if it means upsetting a vocal portion of the player base along the way.

The new owners aren’t promising miracles. They’re not pretending that JazzSports’ past didn’t happen. But what they are doing at least from the outside looks like a genuine effort to rebuild trust and credibility.

They’re improving back-end security and limiting exposure to abuse. And perhaps most importantly, they’re communicating maybe not as openly as some would like, but more than what players were getting during the worst of the last ownership.

Yes, it’s still offshore. Yes, there’s still risk as there always is when you’re betting outside U.S. regulatory systems. But if you’re someone who’s rooting for old brands to be reborn the right way, JazzSports under new ownership might be worth keeping an eye on.

Not because it’s perfect. Not because it’s problem-free. But because second chances in this industry don’t come along often and when they do, they’re worth watching. Let’s hope this one sticks.