Marathonbet/Panbet Financial trouble?

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  • jimmy991
    SBR Rookie
    • 07-02-13
    • 9

    #1
    Marathonbet/Panbet Financial trouble?
    Hi guys, I have heard rumours that these guys are in financial trouble and cannot pay their players. I have been waiting for a four figure withdrawal for a few days now and there are reports on other forums of people waiting even longer for even bigger withdrawals.

    Obviously I hope the rumours are not true and someone can put my mind at rest...?
  • damnasians
    SBR Hustler
    • 11-21-11
    • 95

    #2
    I have recently heard of many issues with them. People waiting weeks for withdrawals etc but I have been paid okay recently - even though it took some time.

    I doubt they are in financial trouble so you should be okay.
    Comment
    • damnasians
      SBR Hustler
      • 11-21-11
      • 95

      #3
      How much was your withdrawal btw?
      Comment
      • rodneytrotter
        SBR Hustler
        • 10-21-11
        • 89

        #4
        According to their last set of accounts to 31 December 2012 the net assets of Panbet Limited was a staggering 6,941,730gbp negative, after making a post tax profit of 170k in the year.

        Fortunately they have some long term finance and whoever they owe 7.1m gbp, doesnt look like they need it back in a hurry.

        There is presumably more to the story, possibly involving Panbet Curacao N.V 'a company registered in Curacao, Netherlands Antilles', which may own something of Marathon.
        Last edited by rodneytrotter; 07-02-13, 01:20 PM.
        Comment
        • dikefale
          SBR MVP
          • 09-20-10
          • 1017

          #5
          Very interesting. Jimmy you should take few smaller withdrawals. Sometimes it take 10-20 seconds to send withdrawal,i didnt believe as fast as deposit. Ill take care about this news you are showing us,its good warning sign. Can sbr investigate this,so we can be rest assured that everything is ok.
          Comment
          • nasdaq
            SBR Hustler
            • 11-16-12
            • 50

            #6
            Marathone seems to be in a good shape

            Thursday 4 July 2013 11:00
            Fulham Football Club is delighted to welcome Marathonbet as its Main Team Sponsor. The deal, which is the biggest in the Club’s history, will see the Marathonbet logo displayed on the playing shirts worn by the Club’s First Team and its Under-21s for the next two seasons, with an option on a third year. Today’s
            The Official Website of Fulham Football Club: get the latest news, highlights, fixtures and results, tickets, Club shop and more.
            Comment
            • Digo
              SBR Wise Guy
              • 01-21-12
              • 563

              #7
              I will keep just a low balance there, just to avoid bad surprises.
              Comment
              • SBR Forum
                Administrator
                • 12-02-06
                • 4559

                #8
                Marathonbet is the new shirt sponsor for EPL club Fulham. As far as player related issues, management actively discusses claims with SBR which is a positive.
                Comment
                • bigballa
                  SBR Sharp
                  • 10-18-12
                  • 429

                  #9
                  yeah i wouldnt worry about them, dont you find that their limits are $h*t??
                  Comment
                  • wakefield23
                    SBR High Roller
                    • 03-08-13
                    • 179

                    #10
                    I don´t get this hate on Marathon/Panbet. They will limit you soon, but until it happens, you can make a good amount. I have never had any problem with them.
                    Comment
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