Lasseters Sportsbook is closing down!

[leostar]

Those of your with deposits and bonus-so beware. Don't say I didn't warn you. They aren't able to pay out. Signs that they company is in financial ruin.

I think they are ****ed but the sportsbook and land casino are licensed. Best part is the company is listed on the stock exchange.

So any payments not given out, write to the Northern Territory Government. It's on their website. They'll pay out or they risk losing their land-based casino license.

[Santo]

Am inclined to very much doubt this. What's your source?

I received a payout from them just a week ago.

[bigboydan]

First off, Welcome to the SBR forum sir

I haven't heard anything that would lead me to believe that Lasseters will be closing down anytime in the near future. In fact I remember correctly they just reached a milestone achievement just last year with the amounts wagered through there company.

[HeeeHAWWWW]

Last withdrawal $2k on the 15th, one pending now.

[simmmy]

Slow payments from this lot to Moneybookers, i made a withdrawal on the 31st August and i still have not received it ... i have now withdrew the remainder of my balance this morning as i am getting quite nervous about this lot. I have email them 3 times in the last 3 days and all i get is "your email has been sent to our finance dept" and now i am told that the finance dept is back on Monday. It's a shame as this is quite a good book.

[Santo]

Moneybookers I've not found them to be great with, I just take wires to my bank, 2 days usually.

[bigloser]

Gambling Intelligence Review

"Uncertainty surrounds Lasseters Corporation's ability to continue as a going concern following the release of financial results for the year ended June 30th 2008 which showed an operating loss of AUD$15.55 million."

[HeeeHAWWWW]

Last withdrawal $2k on the 15th, one pending now.

Just got it, took 10 working days via moneybookers (versus maybe 3/4 normally).

Apparently bank transfers are going through a lot quicker though, which would seem to match with their claims about problems with moneybookers.

[Santo]

The operating loss has been expected for a while.

http://www.finanznachrichten.de/pdf/20080829_182403_5EL_4011F16C42D6EA62482574B4003289E9.1.pdf

Their balance sheet is about +$8m, and a lot of the losses this year were one-off value write-offs.

[simmmy]

I use another forum most of the time and several players have reported that they made withdrawals from Lasseters this weekend and received the money back to Moneybookers today.My requests are still pending one from the 31st August and the 2nd on 5th Sept. Everytime i email them i get the runaround stating Moneybookers problems and the finance dept will get in touch (which never happens).Where can i go from here?

[vanman]

Just over 24hrs for a MB withdrawal.

[juice]

hello my friends.2 month ago i opened an account with them and deposited 200 usd they gave me 100 usd bonus i made 2 bets and now i have 1300 usd on my account/i read the post numer 1 and was not of course happy /but then other guys wrote that everething is ok with them-now as i undertand nobody know the fair situation about lasseters/i cant withdrawal now because need to bet nearly 1000 usd (because 100usd bonus)but i dont wanna to have even 2500-3000 usd on my account/SO ANSWER ANYBODY IS THEY REALLY GOING DOWN

[Santo]

There is no evidence to suggest they are. The post subject title should probably be altered as it's misleading.

[simmmy]

This is some of the replies i have been getting in the last week from Lasseters when i ask about my withdrawal from the 31st August which i still do not have.
Thank you for taking the time to contact us at Lasseterssportsbook.

We are still waiting the finance team to give us feedback on your pending withdrawals.

Our finance team have experienced further delay with some of our processing and we apologise for this delay. We hope to have outstanding withdrawals up to date early this coming week.


Kind Regards
Roger
Customer Care Operator
Lasseters Sports
=================
Dear ,

Thank you for taking the time to contact us at Lasseterssportsbook.

We will notify you once we have the feedback from the finance department tomorrow first thing in the morning.

Sorry for the delay.


Kind Regards
Roger
Customer Care Operator
Lasseters Sports

=====
Dear ,

Our finance department have just informed us that due to a Neteller and Money Bookers payment issue, there will be a few delay in processing your pending withdrawals
===============
Hello ,

I have forwarded your details onto our Finance Department and I will chase them up throughout the day.

An operator will email you once we receive a reply.

Sorry for any inconvenience

=================
Dear ,

Your last withdrawal of amount £xxxx is still awaiting for our finance verification and hopefully will be processed by today. The second withdrawal will be process in next 72 hours.

We apologise for the inconvenience and thank you for your patience and understanding.

Kind Regards,

Haris
==========

There is more but it is all the same crap from them, they don't have a phone number on the site just fax and email and the asian book can't/won't either.

As i type this i have just received this reply from Lasseters>>

Hello ,

I hope this email finds you well.

We have not had a reply from our Finance Department regarding your withdrawals, but I do know that they are working through them as quickly as possible.

I have forwarded your details to them for review.

If you have any queries feel free to email our friendly support staff at any time at support@lasseterssports.com.au and we will respond to your email as soon as possible.

Good luck and happy punting!

Kind Regards,
====
No it does not find me well i would be well if they paid me , also it says "happy punting"... i have nothing in my account they know that as it is pending a withdrawal for the last 10 days.

[Ortho]

Similiar experience here.

I had 2 moneybookers withdrawals in August and both of them took a bit longer than a week. On at least one of those occasions I was told the withdrawal would be processed that day but it wasn't processed until like 3-4 days later. On the second one, knowing how long it would take, I didn't bother asking.

[simmmy]

A quick update, i rang the only number i could find for Lasseters and spoke to some bookmaker who was very sympathetic and went to ask the accounts dept about it ... 20 minutes later the money is in Moneybookers...I rang him back to thank him, UK to Aus it may cost a couple of £'s but was worth it. They did'nt seem to have Moneybookers issues at the end of the day.

I won't go back there.

[kiwi]

Same here:

"Dear XXX,

We currently encoutered a technical issue as our finance department trying to resolve it. We appreciate your patience and understanding.

Kind Regards,

Haris
Customer Care Operator
Lasseters Sports"

Doesn't sound good.

[bigloser]

Lasseters share were suspended on the Oz stock market yesterday

[thespeculator]

moneybookers, can cause a problem with payouts because it seems the books only payout what is in there moneybookers accounts , instead taking money from the general account and putting in moneybookers and paying out the customer

[bigboydan]

Lasseters share were suspended on the Oz stock market yesterday

I just heard about that, however I didn't hear as to why though.

[Santo]

Question over funding from their parent corporation (holding company)

hares in Lasseters Corporation have been suspended from the Australian Stock Market, at the request of the company, following uncertainty regarding the continuation of financial support from its parent company, Lasseters International Holdings Limited.

Last week Lasseters reported an operating loss of AUD$15.55 million for the year ended June 30th 2008, with the company's ability to continue as a going concern in doubt. Directors of the company yesterday requested a suspension in the trading of its shares in light of the company's dependency on financial support from its parent entity, who claims it will not continue to support Lasseters under the current terms and conditions provided.


The company expect the suspension to last for a period of one month, while Lasseters and its parent company agree a plan of action after taking appropriate financial and operational advice. Depending on the outcome of the advice, shares in Lasseters will either return to trading or continue to be suspended.


Lasseters are hopeful that discussions between the two parties will yield new terms and conditions for the continued support of the company. The Directors have said that they are unable to provide the market with reliable information regarding the future trading of the company until those discussions take place.


Shares in Lasseters Corporation (ASX:LAS) closed at $0.01 on September 2nd, the last day on which the security traded on the Australian stock exchange. Shares in Lasseters have lost 72.97% of their value in the passed 52 weeks, falling to a 52 week low on September 2nd.

I don't have any bonuses there, so not worried about getting money back. Will continue playing there until something happens. But for people with bonuses I can see it's more problematic after Portland.

[Geordie D]

A quick update, i rang the only number i could find for Lasseters and spoke to some bookmaker who was very sympathetic and went to ask the accounts dept about it ... 20 minutes later the money is in Moneybookers...I rang him back to thank him, UK to Aus it may cost a couple of £'s but was worth it. They did'nt seem to have Moneybookers issues at the end of the day.

I won't go back there.

simmmy - What number did you use? I tried Number on Asian site for about an hour this morning (0830 to 0930 GMT from UK) with no luck whatsoever.

Any help will be much appreciated. Cheers.

[juice]

they paid me todays mourning 1300 usd via click2pay/GOOD LUCK GUYS

[kiwi]

I got my money today via Neteller.

[APK]

Good to hear they pay.

[HeeeHAWWWW]

Ditto, paid here, 10 days or so. Sounds like they got a batch of funding.

Totally self-dfeating from their point of view though - how many of those who've been slowpaid will go back in? I won't.

[Justin7]

I had one outstanding complaint against Lasseters for slowpay. He just reported getting paid today. I hope the predictions of their demise are exaggerated.

[bigboydan]

Glad to hear people are starting to receive there funds.

Kiwi and HeeeHAWWWW,

If you don't mind me asking. What other books have you made withdraws from during the month of September?

[Geordie D]

Paid at last

After a raft of emails from Lasseters Asian Book similar to those received by simmmy regarding a moneybookers withdrawal for £2k + I finally was given an email address for their Finance Department in Oz.

They asked for my Bank Details for international payment instead of MB and I supplied them immediately because of what I'd read on here. Lo and behold MB payment is made next day after waiting 10 days

I'm keeping outta here until I get some from other punters. I've never been so in my life.

My verdict at the mo is

[APK]

After a raft of emails from Lasseters Asian Book similar to those received by simmmy regarding a moneybookers withdrawal for £2k + I finally was given an email address for their Finance Department in Oz.

They asked for my Bank Details for international payment instead of MB and I supplied them immediately because of what I'd read on here. Lo and behold MB payment is made next day after waiting 10 days

Why do they need your bank details for a moneybookers payment?
Or am I reading it wrong?

I'm keeping outta here until I get some from other punters. I've never been so in my life.

My verdict at the mo is

I understand the frustration, but why the thumbs down?
At least they seem to honour your request for a withdrawal.

Unlike bettingstar24, and the Maltese gangsters that regulate them.

[tomwakefield]

Why do they need your bank details for a moneybookers payment?
Or am I reading it wrong?

I think they are short of funds in both their Moneybookers and Neteller accounts, so are struggling to pay people by those means. However, they have the money to pay, so can pay out by bank transfer, for which they need bank details.

I wonder how much of this is self fulfilling - people are seeing reports of Lasseters struggling, and so aren't depositing. At the same time, people with funds in their account are seeing the problems, and are withdrawing, leaving Lasseters short of funds in their e-wallets, which causes more problems, slow pays, and bad reports.

[Champi]

I receive 1200$ today via MoneyBookers for 1 day
I think the title on this thread is wrong .

[kiwi]

Glad to hear people are starting to receive there funds.

Kiwi and HeeeHAWWWW,

If you don't mind me asking. What other books have you made withdraws from during the month of September?

Goldvictory (Sep. 1, Moneybookers)
StanJames (Sep. 2, Moneybookers)
Centrebet (Sep. 3, Moneybookers)
Bwin.com (Sep. 4, Moneybookers)
Bwin.de (Sep. 4, Moneybookers)
Betoto (Sep. 4, Moneybookers)
Cenrebet (Sep. 8, Moneybookers)
Betfair (Sep. 12, Moneybookers)
Unibet (Sep. 8, Neteller)
Boylesports (Sep. 11, Neteller)
Lasseters (Sep. 12, Neteller)
Bet-at-home (Sep. 2, bankwire)

(It's always the date when I received the money not when I did the withdrawal.)

[james240]

Hiya guys just to let you know i put in a withdrawel request for €2000 euros via their "envoy" withdrawel system and i was paid in less than 24 hours.

Cant fault the withdrawel that i recieved as thats one of the fastest ive ever had, although on another website that i use people are still waiting on money to be recieved. Hope this helps

[bigboydan]

Thanks for the info gentlemen.

Kiwi, I see your still managing to avoid your limits being cut at Boylesports.