SBR has spoken with the Director of Canbet via telephone conference regarding unpaid player funds. Players have reported being owed over $740,000 through complaints to SBR. Canbet has acknowledged this sum is a small fraction of their delinquent payout obligations and of user balances. Canbet is unwilling to confirm the amount owed to players out of fear that a potential buyer would not want the public to know how much debt it took on. Canbet claims to have appointed an advisement group to assist with what they are calling an assets evaluation and sale. Canbet has to date maintained their position that poor accounting and glitches in their bonus software led the company to insolvency.
SBR will stay in contact with Canbet and post any updates received or learned. Players who have not already done so are asked to record their details via sportsbook complaint form through the SBR website. SBR understands players anger but requests physical threats and messages in violation of forum TOS to cease.