[BorisHankyPanky]

The Gambling Commission are clearly trying to hide their own incompetence by refusing to release the information. Its disgraceful they allowed a company they knew weren't paying to continue to operate for 2 1/2 months. It was only Canbet shutting up shop that stopped it, the GC did nothing.

[shari91]

PEOPLE OWED IN THIS THREAD

Please help to spread the word at other forums. "Unsure" next to your name or if the amount is bolded means I know you're owed but you havent said exactly how much so please let me know. If you can't post for some reason or wish to discuss something privately, please write sbr.shari@gmail.com


1. Yuretz: 4850 EUR

2. LN95994: 1400 EUR

3. diter: 195 EUR

4. atasway: over $5000

5. saltare33: 2900 EUR

6. stolarzz: 1000 GBP

7. Lodo: 730.81 ?

8. intergagne: 1425-1500 EUR

9. bancoricardo: 4,330 EUR

10. brockerly11: 2,711 GBP

11. the unheardof: 1,294 GBP

12. Sensible1: 1838.97 GBP

13. endtoend: 970.75 GBP

14. BIGB21: unsure

15. kholoshian: 532.04 GBP

16. Zdenaaa: $450 USD

17. tristan727: 6000 GBP

18. fidelio: similar to ^^^

19. dirtdog52658: $1924 CAD

20. Tommyarmouriii: 4,878 GBP

21: Maziolena: 10,686 EUR

22. MiloRambaldi: $3,004 CAD

23. MichelleV: $9560.25

24. charbish: unsure

removed

26. Julian495: unsure

27: mhodge24: 127 GBP

28. mart sinc: 2.5k

29: beachlover5: 2,600 GBP

30. FENDER1: unsure

31. Fred87: 650 EUR

32. smiffywhu: 4.3k

33. wpet99: 4,783 GBP

34. Krashman: $1545.30 USD

35. Joker10: 3100 EUR

36. Patryk: 4,897 EUR

37. hlorenz81: 2,245.80 EUR

38. delneri: $4,689 USD

39. Rikki: 560.06 GBP

40. benashey79: 1026 GBP

41. vladimir0v: unsure

42. Aitch: 3k

43. TG104: unsure

44. rogerh: 291 GBP

45. fraud-canbet: 4,000 GBP

46. GuybrushT: 12,000 EUR

47. RyDLloyd: 3,254.77 GBP

48. CunningStutns: 5,060 GBP

49. simply: 10,400 EUR

50. tomallen123: 570 GBP

51. panki: 5,000 GBP

52. oxo: 725.99 GBP

53. janetf8: 5,033.40 GBP

54. AS19: 6,500 GBP

55. lockstock777: 1,651 GBP

56. qinling: 443.42 EUR

57. VIRTUAL DAVE: 4,500 GBP

58. Pleased to Michu: 1,023.50 GBP

59. pitrs: 2,730 GBP

60. WesternWolf: 6,300 GBP

61. Namechanger: 1,385 GBP

62. aroberts77: 1,327.50 GBP

63. Peniosz: 6,100 GBP

64. Jor-El: 600 GBP

65. TARUN: 3,692 EUR

66. karli87: 2,200 EUR

67. smallplayer: 3,508 GBP

68. King_Suckerman: 2,460 GBP

69. SpiderBoy: $1380.93

70. rolandd86: $2,757.49 USD

71. Removed

72. barcir: 405.38 EUR

73. paybk99: $5,000

74. superhands27: 3,400 GBP

75. hatke: 1,810 EUR

76. nelon: 4,900 EUR

77. etelna: 4,638 EUR

78. jenjoh: 465.09 EUR

79. icestorm: 285 GBP

80. pareto12: 2211.15 GBP

81. marinemonk: 1,140 GBP

82. Halifax: $4,960

83. kensei12: unsure

84: lolly22: 1424 GBP

85. amali83: 477.96 EUR

86. ghipuca: $280.16 USD

87. Vilmer: 558 GBP

88. whuscott: 322.50 GBP

89. NaidenMB: 2,212.39 EUR

90. NaidenMB's friend Roya: 1,346.52 EUR

91. callirye: 1,137 GBP

92. coronalime: 400 GBP

93. stoffnilsson: 499.46 GBP

94. samuelson: 10,000 GBP

95. DenverLewis: 1,500 GBP

96. bigmiky: 700 GBP

97. Roaldos: 960 EUR

98. avee: 1,800 GBP

99. wailoktam: $7,368.67 USD

100. lolo72: 1,228.85 EUR

101. Greekvik: $558 USD

102. cabbo: 729 GBP

103. sampou: 3,676.90 EUR

104: edsisto: 797.18 GBP

105. leeboo: 540 GBP

106. duncanbruce93: 1,867.75 GBP

107. marsima: $750 USD

108: Hendrik: 1,436.26 EUR

109. poncco: 500 EUR

110. Tomislav K: 5,455.10 EUR

111. Kackey: 2,007.36 GBP

112. BETTIX: 560

113. CM1979: 1,607.60 EUR

114. matcyklop: 3,907.83 EUR

115. skunkbentley: 877.44 GBP

116. Philbrix: 1,773 GBP

117. linkatine: 1,298 GBP

118. Arinosa: $2020.19 AUD

119. juhka: 3,377.69 EUR

120. LEONIDAS79: 1,505 EUR

121. grimoopnorth: 3,269 GBP

122. prema09: 748 EUR

123. MLZ3211: 2523 GBP

124. snoooze: 221.33 GBP

125. mewerik07: 1,545 EUR

126. mramor: 1,060 EUR

127. JayZ: 132.61 GBP

128. mistaya: 1,096.50 GBP

129. egypt1312: 8,100 EUR

130. Shiva: 3,738.49 GBP

131. StickyIcky: 2,500 GBP

132. victoria: 3,000 EUR

133. andrei: 2,694 EUR

134. dnl: 900 EUR

135. TomB121: 1,600 GBP

136. bojidardimov: 2,655 EUR

137. Kulfono: $3,502.08

138. G - 5,000 EUR

139. ggplayer333: 2,800 GBP

140. James: 2,302 GBP

141. alexcarroll: 3,820 GBP

142. nicwelsh: 3,160.56 GBP

143. RoepStoep: 2,700 EUR

144. adam7dalby: 716 GBP

145. chriswood: 780 GBP

146. eeewqaewa: 2,872.70 EUR

147. lelicek: 344 EUR

148. atasway: $5,896.03 AUD

149. diondublin: 559.35 GBP

150. Kaiaiaia: 1,266.88 EUR

151. Lodo: 730.81 EUR

152. Ogurr: 462.23 EUR

153. janbanan: $1,424

154. ahibbo12: 760 GBP

155. kmy1: 3,538.98 GBP

156. countdacash: 4,934 GBP

157. Latexi77: 5,425 EUR

158. mate: 3,381.56 EUR

159. jlin: 939.90 GBP

160. Ascot_Ed: 2,657 GBP

161. sukre111: 1,609.23 EUR

162. Claret1985: 3,688.50 GBP

163. juxtapose: 2,836.65 GBP

164. chrisc156: 1393.50 GBP

165. vlindqvi75: 1,143.94 EUR

166. dwc777: 1,160.60 GBP

167. samika: 2,120 EUR

168. eddie701: 2,700 EUR

169. Jusben: 1,812.75 GBP

170. apower: 1,300 GBP

171. VOLIAS1979: 434 EUR

172. intergagne: 1,525 EUR

173. AceRothsteinCL: 807 GBP

174. Mauro77: 1,616 EUR

175. scoundrels: 4,895 GBP

176. gianted: 1,527 EUR

177. szipszil: 1,123 EUR

178. zochris: 1,600 EUR

179. zochris' friend: 2,900 EUR

180. jone: 6,472.18 EUR

181. Sliphod: 1,172.25 GBP

182. mermers: 2,185 GBP

183. fcbarca42: 9,724.84 EUR

184. vaidqs: 786.79 EUR

185. lcasey: 3,280 GBP

186. alexwooty: 2,078.53 GBP

187. emjayee100: 2,231 GBP

188. Ahab: 637.50 GBP

189. davidk8445: 886 GBP

190. canbet2014: 2,627.01 GBP

191. Vanja: 1,810 EUR

192. antt: 5,200 EUR

193. mikey47: 1,094.75

194. kayjameslee: 911.79 GBP

195. koulkos: 5,056.95 EUR

196. fawcett64_2: 375.50 GBP

197. ryanstevo86: 1,549 GBP

198. mxx123: $1,017 AUD

199. gmatos: $421.88 USD

200. Aron genardini: $1,817 AUD

201. remas77: 481.84 EUR

202. goonerash: 1,139 GBP

203. WBAGE1985: 2,330.85 GBP

204. DoctorGonzo: 1,535.00 GBP

205. Jack JJ: 1,301 GBP

206. CJUK: 630 GBP

207. martinims: 560 GBP

208. hu-man: $1,130.45 USD

209. pawpl: 1,792.60 EUR

210. bbets365: $2,413 USD

211. Veggie19: 2,886.01 GBP

212. barba: 1,025.58 EUR

213. tedaldo: 1,380.28 GBP

214. Damir: $1,050 USD

215. BorisHankyPanky: 2,472.67 GBP

216. Jay: $510 USD

217. Sanya: 850 EUR

[shari91]

Total amount now owing in this thread: 445,286 GBP or $827,582 AUD

[Optional]

Total amount now owing in this thread: 445,286 GBP or $827,582 AUD

Damn... I really wonder what percentage of people found SBR and also wanted to register and post their loss?

Over/Under 10% of players?

This could be millions.

Maybe an FOI request to the GC asking if they have that specifc information... the total liability owed to players. No way they can wiggle around about releasing that.

[simply]

Damn... I really wonder what percentage of people found SBR and also wanted to register and post their loss?

Over/Under 10% of players?

This could be millions.

Maybe an FOI request to the GC asking if they have that specifc information... the total liability owed to players. No way they can wiggle around about releasing that.

I thought the same, but highly doubtful that they will be happy to provide this information. We already saw that they can wiggle around whenever they want.

[the unheardof]

Over the weekend I have got in touch with numerous UK media sources. Mojobullfrog I took your point about the GC not confirming to anyone whether they did or did not receive the progress report due on 6 January and mentioned it to the media in my email. I have also raised my concerns regarding the GC to my local MP (a high profile Lib Dem cabinet member) and stated to him that I had a FOI request denied and mentioned that the GC citied reasons under section 43 which IMHO is wrong as Canbet stopped trading on 31 December 2013 so any such info released would have no commercial effect on Canbet. Once again and I can't stress this enough, even if you are a non UK player. PLEASE! Get in touch with the UK media.

[fidelio]

I wonder if that media infoemation request is Peter Lord enquirying what progress we have made.

[mojobullfrog]

I wonder if that media infoemation request is Peter Lord enquirying what progress we have made.

Whoever it was, they didn't reply to my private message asking for the media outlet they worked for.

[shari91]

I wonder if that media infoemation request is Peter Lord enquirying what progress we have made.

I'm pretty sure that guy was legit.

Too many tabs open so I didn't realise I didn't hit send until now... but as expected PwC were useless but it was worth a try. As for ASIC they told me to contact them Thursday afternoon. I have no clue why though as they wouldn't say much of anything. I talked to the lawyer after and he told me it could be a sign things are happening behind the scenes on their end - again what that could be I don't know - but as we ideally want them to take the lead in this as much as possible that we should just keep doing what we have been until then ie collect names and amounts owed, blitz the media in both Aus and the UK, keep hassling the GC, etc. He was also pretty shocked by the amount of $ we've managed to account for in such a short period of time.

The one thing I didn't get the chance to do today and won't be able to do tomorrow as I have a pretty full on day happening is phone the various Racing Commissions across Aus to give them the heads up about Racing Vic's media release to alert them that they too might've been scammed by Canbet and phone Racing Vic's Integrity Commission just in case they haven't made the link that one of Canbet's directors is also a registered race horse owner. If anyone local has the time to contact them tomorrow or even just Racing Vic's IC on (03) 8684 7778 or 1300 227 225 that would be a big help. If not I can do it on Wed.

[abhi]

Again good work done by shari..we will keep the pressure on. How about guys living in UK do a march protest in front of GC office with canbet scam posters and banners.

[dirtdog52658]

Whoever it was, they didn't reply to my private message asking for the media outlet they worked for.

Problem is they only have 1 post so they can't reply via PM. Try sending them your email or phone number, hopefully they get in touch with you.

[mojobullfrog]

Shari, I contacted all the major state racing bodies this morning via email. If I don't get any replies in the next couple of days, I've got Wednesday off, so can make further enquiries then.

Fingers crossed ASIC are indeed putting things in place behind the scenes. It's just a shame they can't be more informative until Thursday. Agreed that we all have to be as proactive as ever now and continue to inform different media sources about this unfolding story - not just here in Australia, but definitely the UK as well, to ensure the Gambling Commission feels the heat as much as Peter and Graeme.

[mojobullfrog]

Problem is they only have 1 post so they can't reply via PM. Try sending them your email or phone number, hopefully they get in touch with you.

Yeah, the old "can't message until 10 posts" rule. Got to love it.

[Namechanger]

I have emailed all the newspapers and companies house, anything else I should be doing?

[dirtdog52658]

I have emailed all the newspapers and companies house, anything else I should be doing?

Yeah I've done the same. I'm searching out old forum threads on different forums trying to locate more people. I noticed a lot of threads died off in December on some sites as people gave up.

[eddie701]

Here is the reply from companieshouse.gov.uk.

Dear Mr O'Sullivan

Thank you for your email of 17/02/2014 regarding the company Canbet UK Limited - 4559609

I have checked our records for details of the company mentioned and can confirm that the company is registered with us as a limited company. Please note that Companies House is unable to vouch for the validity or legitimacy of the company or any offers etc that they make. Our role, laid down by Parliament is as a Registry. We accept company documents and place them on the Public record, if they meet the basic checks that we carry out. Current parliamentary legislation only allows Companies House to register and display information to the public. It does not provide us with investigative powers that would allow us to become involved in matters such as those raised in your e-mail. If your complaint involves the conduct of a company or its officers you should contact the Insolvency Service. The Insolvency Service is an Executive Agency of the Department of Business, Innovation and Skills (BIS). The Company Investigations team within the Insolvency Service has the power to investigate limited companies where information received suggests corporate abuse; this may include serious misconduct, fraud, scams or sharp practice in the way a company operates. To complain about a limited company that is still trading: Tel: 0845 601 3546 By post: Intelligence Hub Intelligence & Enforcement Directorate Investigation and Enforcement Services Insolvency Service 3rd Floor Cannon House 18 Priory Queensway Birmingham B4 6FD Email: intelligence.live@insolvency.gsi.gov.uk Web: www.bis.gov.uk/insolvency The Insolvency Service will usually take on any complaint that provides good reason for an investigation and where there is both a public interest in investigating and the prospect of follow up action resulting. If you believe that you are a victim of such a scam or fraud, you should report this matter to your local police and provide them with as much information as you can. Important information on current scams can be found on our website via the following link http://www.companieshouse.gov.uk/about/miscellaneous/misc1.shtml Alternatively, you can visit the fraud alert website at www.met.police.uk/fraudalert or the FBI website at www.ic3.com I hope this information has been of help to you.
Yours sincerely Rosalind Tew Proof and Fraud

[Namechanger]

I have emailed off to that address but report the matter to the local police? They are useless.

[simply]

Got a same mail respond as Eddie from companieshouse.

[shari91]

SBR update on Canbet: http://www.sportsbookreview.com/forum/sportsbook...quisition.html

[mhodge24]

SBR update on Canbet: http://www.sportsbookreview.com/forum/sportsbook...quisition.html

more delay tactics - who in there right mind would take on the debts of these fraudsters

[smiffywhu]

"intelligence.live@insolvency.gsi.gov.uk"
is the address I've emailed both early and late last week and guess what, no reply.SBR are now claiming Canbet are insolvant, the insolvency services still deny this.Another poorly run government agency.
I found this on wiki talking about the GC "Main Responsibilities " to keep crime out of gambling, to ensure that gambling is conducted fairly and openly "

[smiffywhu]

also "In 2014 the UK regulated online bookmaker Canbet went into receivership owing millions to customers. The demise of this site raised questions of the ability of the Commission to protect UK customers from rogue traders."

[shari91]

also "In 2014 the UK regulated online bookmaker Canbet went into receivership owing millions to customers. The demise of this site raised questions of the ability of the Commission to protect UK customers from rogue traders."

Where is this quote from? Canbet hasn't gone into receivership... IGAS has. Canbet is still officially "operating".

Edit: Oh I get it now, it's from Wiki. Whomever wrote that is incorrect.

[abhi]

Think this would be up for sale for free

[smiffywhu]

Sorry for (Wiki') misinformation, however, it's still a decent indication of the "word spreading"

[smiffywhu]

Just a quick video from youtube with another example of Canbet being "cnuts" and IBAS being pointless
http://www.youtube.com/watch?v=PH9Gbq89skQ

[shari91]

Sorry for (Wiki') misinformation, however, it's still a decent indication of the "word spreading"

Yeah maybe but it also could've been someone in here who wrote that since anyone can post on Wikipedia. I can go to that page right now and say that I'm the new owner of Canbet. That's the dangerous thing with Wiki sometimes. But it's not our problem or responsibility... Peter and Graeme are big boys so if they ever want that corrected they can figure out how to do it themselves.

[michal ciesla]

add me up, 9000$ owed since Nov 13

[mojobullfrog]

An update from the Gambling Commission:

http://www.thegamblingtimes.com/boar...se-canbet-550/

[mojobullfrog]

It makes you wonder what the point of the Gambling Commission actually is. Silly us for assuming they regulated the books licensed by them. They can't even admit that they should have acted much much earlier when complaints were first made to them back in October. All they can say is:

"In this case funds were quite clearly not protected according to the terms and conditions set out by the operator. This is a point we should perhaps have made more clearly at an earlier stage when people raised concerns with the Commission."

We should perhaps have made more clearly <----- ahh, "perhaps"?? Of course they damn well should have!

[smiffywhu]

So our £1m* lost will now "perhaps" get them to do their jobs properly and to START protecting players??They've been in operation aka scrathing their arses for 6 years,their MAIN priority should have always been to ONLY issue licenses to books who ALWAYS protect players money.No protection No license is a simple motto and surely all books would've happily complied.Shame they didn't talk about the Auditors who "assured" them of Canbet's funds nor the FACT that many punters could've been saved from the scam if it wasn't for their incompentence of waiting 3 months to act.

Any news on the petition?I'm optimisit of the 500 and obviously all the way if we can get it into a media outlet

[fidelio]

The only thing I agree with is I don't see the logic in taking the licence away at the moment. We have already been waiting for 4 to 5 months for our money. Without the licence Canbet is less attractive in the marketplace. I hope for all of us we get some positive news but don't know when.

[mhodge24]

The only thing I agree with is I don't see the logic in taking the licence away at the moment. We have already been waiting for 4 to 5 months for our money. Without the licence Canbet is less attractive in the marketplace. I hope for all of us we get some positive news but don't know when.

dont buy this nonsense, just another bloody excuse for their incompetence.. waste of space and should be shut down. taking the licence away is not going to do anything, they ar ebust... nobody is going to buy a bust book with millions of debt, a tainted fraudalent brand and a shit website - why wouldn't anyone with an ounce of a brain do that. Old Canbet customers will never use the book that buys it will they so you buy a book with no customers, no brand, no website and millions of debt - great deal??

unfortunately, none of us are getting our money back, what needs to happen is these scumbags go to jail and the GC is shut down and all those muggy civil servants join benefits street immediately.

[fidelio]

What about the price water house cooper (a well known large company) financial assessment that there is money there to pay us?

[hristo1971]

Without the licence Canbet is less attractive in the marketplace.

I am sorry but Canbet can't be less attractive than it is now, it is as low as possible, there is nothing lower than that. So GC should immediately take their license and inform the responsible authorities about lord&white FRAUD so that they are jailed and their assets sold and gamblers paid. This is the only reasonable solution. The newest "investors" story is pure delirium, I am shocked that SBR bite it.
regarding GC's statement...

licence suspension could reduce the prospects of customers being repaid by Canbet If a company has low cash balances but appears to have reasonable prospects of refinancing and substantial assets then suspension or revocation of an operating licence is highly likely to result in the company closing and customers having less chance of being repaid.

- just another lie to buy some time for lord&white. On the contrary, taking the license would be a very clear signal that lord&white are criminals and the beginning of the end for them. it is so strange how GC ignores all the criminal evidence but they strongly believe in some "reasonable prospects of refinancing."