Matchbook done in Canada...

[jjgold]

Would Pinny ever follow the same path?

or are they too powerful?

US Gov't more powerful than every book in world combined including Vegas

Nobody beats them

[cloverfield]

I agree.

Quite ridiculous that we just can't get straight answers on such important topics.

But I'm willing to bet the blame can be traced to the US.

You don't need anyone from Matchbook to tell you. Put two and two together.

If it didn't have to do with some law they would simply say that...instead they are refusing to comment.

Sometimes you have to read between the lines....

[OTL]

Unbelievable, just got my email from them yesterday. Hockey volume is going to completely dry up there now.

MatchbookMike,

You guys should grow a pair and stand up for your business rights. Online gaming is still legal in Canada, and there isnt any legislation under way to curb it either.

[packerd_00]

A law just coming into effect in Canada now requires banks to officially report all Canadian bank account transactions in bank accounts owned by Americans now living in Canada to the US government. This law was passed to aid the US in catching income tax evaders.

So some transactions between Canadian Banks and sportsbooks will now be disclosed to the US government and since the Sportsbooks don't know which Canadians are American ex-patriots, they ban all of Canada.

Well that's bs.

[Hareeba!]

You don't need anyone from Matchbook to tell you. Put two and two together.

If it didn't have to do with some law they would simply say that...instead they are refusing to comment.

Sometimes you have to read between the lines....

Yes, I and others have already done that but we really don't know for certain just what the issue is.

If we're right I can't see what they've got to lose by spelling it out for us.

Pretty gutless of Matchbook not to do so.

I'd say there's every possibility that Pinnacle will be next. And probably others too.

[Krashman]

Yes, I and others have already done that but we really don't know for certain just what the issue is.

If we're right I can't see what they've got to lose by spelling it out for us.

Pretty gutless of Matchbook not to do so.

We'll just have to assume we're being unfairly discriminated against by Matchbook for some reason.

Let's band together and hire some lawyers!

[cobra_king]

I'd say there's every possibility that Pinnacle will be next. And probably others too.

If my reasoning is correct than I'd say this is more than likely, especially for us Canadians. That's why finding out the exact reason rather than speculating would be ideal.

[TB80]

My guess is that it actually is a business decision. I can't imagine what that would be given that Matchbook is strictly commission based.
Canada has an actual sportsbook operating on Canadian soil (sports interaction) that is operating pretty much unmolested. It is unlikely that large books such as Pinnacle and 5Dimes (who still caters to Americans) would continue to service Canada with no known issues but poor little Matchbook is somehow being targeted.

My guess is that Matchbook doesn't pull a huge profit from Canada (they wouldn't leave otherwise)...possibly has a squeamish legal department (and not enough Canadian profits to ignore it)....or maybe there is some kind of Bovada/Bodog type deal going on behind the scenes where Matchbook agrees to leave the Canadian market to someone else.

As usual..follow the money and I think you'll find your answer. There is no great legal crusade going against Sportsbooks in Canada! (see above: Sports Interaction). I would like to hear somebody's opinion on possible financial factors for Matchbook's departure.

[Hareeba!]

My guess is that it actually is a business decision. I can't imagine what that would be given that Matchbook is strictly commission based.
Canada has an actual sportsbook operating on Canadian soil (sports interaction) that is operating pretty much unmolested. It is unlikely that large books such as Pinnacle and 5Dimes (who still caters to Americans) would continue to service Canada with no known issues but poor little Matchbook is somehow being targeted.

My guess is that Matchbook doesn't pull a huge profit from Canada (they wouldn't leave otherwise)...possibly has a squeamish legal department (and not enough Canadian profits to ignore it)....or maybe there is some kind of Bovada/Bodog type deal going on behind the scenes where Matchbook agrees to leave the Canadian market to someone else.

As usual..follow the money and I think you'll find your answer. There is no great legal crusade going against Sportsbooks in Canada! (see above: Sports Interaction). I would like to hear somebody's opinion on possible financial factors for Matchbook's departure.

Very much doubt that.

Almost certainly a decision driven by lawyers rather than accountants.

[TB80]

Very much doubt that.

Almost certainly a decision driven by lawyers rather than accountants.

You might be right...but right now the risk of offering a book service in Canada is pretty low. For legal to get its way in this, the financial reward for staying in Canada must have been pretty low as well. Significant legislative changes would have to enacted in Canada before a book offering service is in any real trouble. We have book's advertising at CFL games! Books are operating with a lot of freedom. Not sure I see any real legal danger to a lower profile book like Matchbook. Smells like something else to me...

[Krashman]

There is no great legal crusade going against Sportsbooks in Canada! (see above: Sports Interaction).

They are illegal here as private businesses.

The books operating on Canadian soil are located on indian reserves, and operate in defiance of the law.

And there's 1 BC government sportsbook.

[TheMoneyShot]

If Matchbook has closed the door on Canadians for solid reasons... the next book would be Pinnacle. Why wouldn't they be??? They have to follow suit... if this has something to do with USA/Canada issues.

[TB80]

They are illegal here as private businesses.

The books operating on Canadian soil are located on indian reserves, and operate in defiance of the law.

And there's 1 BC government sportsbook.

Exactly..we have books that have been operating in possible defiance of law for 10 years (Indian land is a grey area) and no one has done shit about it. Does that sound like a crusade to you? Betfair got out of Greece and Germany a few years back for business reasons. Did everyone else follow suit? No.

I think y'all just get off on claiming the sky is falling...cuz I aint seeing much logic to your arguments.

[jjgold]

It actually does not make sense

All Countries as far as banking has to report to IRS if they are usa citizens even if they live abroad

So basically books should ban every Country and close if that is the theory they are using

Books are basically putting themselves into bankruptcy and going way overboard with silly technicalities

If a person has the required docs and usa ip's are blocked the books re in compliance

game over

[Fishhead]

If Matchbook has closed the door on Canadians for solid reasons... the next book would be Pinnacle. Why wouldn't they be??? They have to follow suit... if this has something to do with USA/Canada issues.

Quite a few indications around the internet stating they(pinny) may also be gone by Sept 1st in Canada..........

[TB80]

Quite a few indications around the internet stating they(pinny) may also be gone by Sept 1st in Canada..........

Could you share something or quote something?

[Brock Landers]

Quite a few indications around the internet stating they(pinny) may also be gone by Sept 1st in Canada..........

This better be bullshit!

[BatemanPatrickl]

This better be bullshit!

Why do you care? Your account will be zeroed out in a week.

[jjgold]

People don't realize that new banking law applies to 90% of the countries all over the world not just Canada

[MickeyMan]

Quite a few indications around the internet stating they(pinny) may also be gone by Sept 1st in Canada..........

Where have you seen this?

[Scorpion]

..........

[jjgold]

Nothing official on pinnacle but I would not doubt it

[xKMACKx]

Never thought id need to resort to 10cent lines but it looks like it may be looking that way.

[Krashman]

It actually does not make sense

All Countries as far as banking has to report to IRS if they are usa citizens even if they live abroad

So basically books should ban every Country and close if that is the theory they are using

No, the Americans themselves (or those with dual citizenship) living abroad, are required to report all income to the IRS. But they often do not. Don't pay so much tax that way.

Most foreign banks are not required to report anything to IRS. Why should they? Different country.

Except in Canada now, where it is the new law that the Canadian banks must snitch on Americans living in Canada that have bank accounts with them.

[Scorpion]

I dont think its just Canada, European counties have to the same

[RockyC]

Hi guys,

We won’t be making further comment on our business decision but outstanding bets will be settled as normal, and all funds can be withdrawn as normal.

Thanks,

Mike

Hi Mike,

I've noticed about Matchbook leaving Canada only after it was done and I couldn't access my account anymore. I had used Skrill to deposit into my account but Skrill doesn't do Canada either anymore so I don't believe you can process my withdrawal there as I have been told. I wrote an email to accounts explaining this and asking to send a check to my home adress instead or let me know what my options are but didn't get any replies. Can you help me with that?

[timbaland99]

Could the reason be that matchbook is leaving Canada be because they are taking a commission on bets could be considered the same as an illegal poker game taking a rake?

Commission=rake=illegal=pulling out of Canadian market ?

This is just speculation and could be totally incorrect as they still operate in other countries

[ronald]

Hi Mike,

I've noticed about Matchbook leaving Canada only after it was done and I couldn't access my account anymore. I had used Skrill to deposit into my account but Skrill doesn't do Canada either anymore so I don't believe you can process my withdrawal there as I have been told. I wrote an email to accounts explaining this and asking to send a check to my home adress instead or let me know what my options are but didn't get any replies. Can you help me with that?

Try the LiveHelp feature. You'll get a quick resolution.

[OTL]

Could the reason be that matchbook is leaving Canada be because they are taking a commission on bets could be considered the same as an illegal poker game taking a rake?

Commission=rake=illegal=pulling out of Canadian market ?

This is just speculation and could be totally incorrect as they still operate in other countries

Not bloody likely. Not when online poker companies like Ultimate Bet keep their servers on Canadian soil and don't pay a penny in taxes.

[RockyC]

Try the LiveHelp feature. You'll get a quick resolution.

Tks! I did use live chat and, even if the payment is not in yet cause I did this today, I believe this will settle it. Can you also tell dynamite140 about this?? He sent me a PM, but I can't PM cause I don't have 40 posts yet :/

Tks again!

[existential]

Pinny on the way out too

[jjgold]

Canada is also a grey area with online sports betting

Books starting to get nervous although I doubt Canada Wouid go after offshore books like USA will.

[Scorpion]

Hi Mike,

I've noticed about Matchbook leaving Canada only after it was done and I couldn't access my account anymore. I had used Skrill to deposit into my account but Skrill doesn't do Canada either anymore so I don't believe you can process my withdrawal there as I have been told. I wrote an email to accounts explaining this and asking to send a check to my home adress instead or let me know what my options are but didn't get any replies. Can you help me with that?

i heard their CS is not good anymore, they dont reply to emails
did matchbook agree to send you a check?

[the_situation]

Pinny on the way out too

Where'd you hear this from?

[ace888]

would pinny really quit ?