We have not been receiving payouts for the last couple of weeks and they have a notice on their website stating they have temporarily suspended payouts.
The Belize authorities have also issued a statement (it's from November last year but it's worth taking note):
Information from http://www.ifsc.gov.bz/notices.html (9th November 2009)
WARNING NOTICE
SPORTARBS INTERNATIONAL CORPORATION
It is notified for general information that SPORTARBS INTERNATIONAL CORPORATION is not licensed by any competent authority in Belize to engage in online gaming business, asset management, or to offer any other international financial services.
All persons concerned are asked to take note and exercise caution.