1. #1
    SBR Forum
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    Ladbrokes to exit Canadian market October 1st

    Ladbrokes to exit Canadian market as of October 1st

    Ladbrokes (SBR rating A) will exit the Canadian market. SBR readers reported receiving an email notice this morning from the UK sportsbook informing them of the change. Canadian players will no longer be able to register, deposit, or use any of the Ladbrokes products as of 1 October 2014. Ladbrokes players must complete pending bonus rollover requirements before this time: The letter from the betting site indicates that pending winnings tied to outstanding play-throughs will be forfeited as of Wednesday the 1st. The notice also sternly advises that players will "have 30 days" to withdraw any remaining funds from their accounts. It is not stated what the process is for withdrawing funds after the 30 day time-frame, although SBR has asked the UK sportsbook for comment. Concerning the reason for the Canadian market exit, Ladbrokes letter stated that they regularly review their ability to offer gaming facilities in countries throughout the world. The last significant Canadian exit came when Matchbook withdrew their services back in July. Prior to this, eWallet provider Skrill ceased processing gambling transactions for Canadian residents at the start of the year.

    This is an important announcement regarding Ladbrokes account(s) from Canada. We regularly review our ability to offer gambling facilities in different countries throughout the world. As a result, we are sending this message to let you know that we will soon no longer be offering our products or services in Canada. How does this affect customers from Canada? Customers from Canada will no longer be able to register, deposit funds or bet using any of our products or services from Wednesday 1st October 2014. Any Bonus funds and pending winnings still tied into wagering requirements in accounts from Canada will be forfeited as of Wednesday 1st October 2014. From Wednesday 1st October 2014 customers from Canada will have 30 days to withdraw any remaining funds from their account(s).

  2. #2
    thespeculator
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    Betdaq latest to leave Canada

    I received an email today that betdaq is leaving Canada. It makes sense since I think they are owned by ladbrokes . Looks like jj is right on companies leaving the Canadian market

  3. #3
    SBR Forum
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    Hi thespeculator,

    You are correct, BetDaq is part of the Ladbrokes family. SBR reported in January of 2013 that Ladbrokes acquired BetDaq.

  4. #4
    Hareeba!
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    And now Bet365 are also abandoning Canada

  5. #5
    thespeculator
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    Quote Originally Posted by Hareeba! View Post
    And now Bet365 are also abandoning Canada
    I have not heard about that yet, r u saying it will be next

  6. #6
    Hareeba!
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    Quote Originally Posted by thespeculator View Post
    I have not heard about that yet, r u saying it will be next
    that's what I'm hearing ... 1st October

  7. #7
    thespeculator
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    then I would imagine betfair also. That is the one I will miss, for the racing

  8. #8
    dirtdog52658
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    I have yet to hear the bet365 one, but I did read that Pokerstars is rumored to be out by new years. Slowly they are all going.

  9. #9
    superhans
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    How come everyone is ditching canada?

  10. #10
    Hareeba!
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    Quote Originally Posted by superhans View Post
    How come everyone is ditching canada?
    Aren't they the 51st state?

  11. #11
    jjgold
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    If you're Canadian and you play at sports books offshore in europe it's coming to an end

  12. #12
    thespeculator
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    With Oct 1st being an important date I think the other books (365 ,betfair) would have said something by now.

  13. #13
    oddtodd
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    -Will Hill has sent me a message that they are releasing a new terms of service on Oct 1st but did not mention anything about service to Canadians. Worried about that as well!!

    -As for Ladbrokes. I've just got a response from them regarding my open bets:
    "Please be advised that remaining, outstanding and unsettled bets will be forfeited. Meaning they go void and the stake returned."
    Is this 'legal'? Are they voiding the bets of all Canadian account holders? Is their anything I can do to get them to honor the outstanding bets?

  14. #14
    thespeculator
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    Quote Originally Posted by oddtodd View Post
    -Will Hill has sent me a message that they are releasing a new terms of service on Oct 1st but did not mention anything about service to Canadians. Worried about that as well!!

    -As for Ladbrokes. I've just got a response from them regarding my open bets:
    "Please be advised that remaining, outstanding and unsettled bets will be forfeited. Meaning they go void and the stake returned."
    Is this 'legal'? Are they voiding the bets of all Canadian account holders? Is their anything I can do to get them to honor the outstanding bets?
    I got a terms of service from 365 a few weeks ago. It didn't say anything also about discontinuing service in Canada. Maybe a good sign

  15. #15
    OTL
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    Quote Originally Posted by Hareeba! View Post
    And now Bet365 are also abandoning Canada
    They just sent me a bonus offer last week. I don't think they would do this if they were leaving Canada.

  16. #16
    katstale
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    That is gonna stop a lot of Canadians from making max $5 wagers!!

  17. #17
    thespeculator
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    Quote Originally Posted by OTL View Post
    They just sent me a bonus offer last week. I don't think they would do this if they were leaving Canada.
    Betdaq sent me a promo the same day as they sent an email saying they were leaving. I think those r just auto mail

  18. #18
    tyson895
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    Quote Originally Posted by katstale View Post
    That is gonna stop a lot of Canadians from making max $5 wagers!!
    So true... Lads, bet365, and willhill are very quick to limit you if you win often. They can take their sh*t books back to UK and stay there. Pinny, 5D are all you need if you wager large amounts (if you live in Canada).

  19. #19
    k13
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    Quote Originally Posted by OTL View Post
    They just sent me a bonus offer last week. I don't think they would do this if they were leaving Canada.
    Same here...

  20. #20
    k13
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    Quote Originally Posted by Hareeba! View Post
    Aren't they the 51st state?
    Not even close and doubt PS leaves Canada with Negreanu as their spokesperson.

  21. #21
    jjgold
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    Pinny might eventually pull out of Canada also

    Pinny getting away from grey area markets now,

  22. #22
    packerd_00
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    Quote Originally Posted by tyson895 View Post
    So true... Lads, bet365, and willhill are very quick to limit you if you win often. They can take their sh*t books back to UK and stay there. Pinny, 5D are all you need if you wager large amounts (if you live in Canada).
    Do either of them accept Vanilla **

  23. #23
    thespeculator
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    I spoke with a rep @ 365 and they said they had no plans of leaving the Canadian market, I know the customer service people don't know all the details. If this was an issue about Canada I would have thought all UK books would have have the same policy.

  24. #24
    cap10
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    365 told me they are moving to gibraltor for lic purposes, some employees will move their,, as such they can prob stay in canada,,just my guess

  25. #25
    cap10
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    simon in 365 cs said no way,,, not leaving

  26. #26
    jjgold
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    I would think a lot of Canadians play a bet365 which will influence their decision

    Why matchbook pulled out of Canada is kind of strange

  27. #27
    barkus
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    Cashed out earlier this week, money in my bank account today. Sad to see them go.
    Points Awarded:

    Optional gave barkus 5 Betpoint(s) for this post.


  28. #28
    Playon
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    Ladbrokes closed my account and I'm from europe. But hey, they are A rated, so they must tell me why. Let see: "This is due to a well-meaning attempt to monitor our liabilities for online transactions and provides a fair opportunity to all customers who bet on the Internet."

    Thats all. No ladrokes for me anymore. They said I had no money on my account. I wish i could believe them. However I cant be sure because cant login and check. Very rarely my account balance goes down to zero. But thats possible of course.

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