Results 1 to 20 of 20
  1. #1
    777media is offline Brand New Member
    Join Date
    April 2020
    Posts
    8
    Thanks
    0
    Thanked 5 Times in 3 Posts

    Default Fansbet not paying

    We have an issue with Fansbet, we have not received payment since June, In total the amounts are around 9000 euros. We keep getting several excuse for not paying. They have never been good payers even with small amounts but yet we have always received them. Now that the amounts are bigger, it seems to be very difficult to get anything.

  2. The Following 3 Users Say Thank You to 777media For This Useful Post:

    AVC-Invest (9 August 2023), drifter8 (15 January 2024), ocreditor (9 August 2023)

  3. #2
    Bonusbedot is online now Private Member
    Join Date
    April 2020
    Posts
    67
    Thanks
    1
    Thanked 7 Times in 7 Posts

    Default

    Been waiting for under 600€ since last june or july. Around 20 different excuses and the latest was difficulties with fundraising. So I suppose you should not hold your breath.

  4. #3
    Bonushint's Avatar
    Bonushint is offline Private Member
    Join Date
    July 2023
    Posts
    15
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I thought they would be legit since they have good lincenses..

  5. #4
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    6,662
    Blog Entries
    1
    Thanks
    6,485
    Thanked 4,042 Times in 2,584 Posts

    Default

    Thanks for sharing this!

  6. #5
    Cash Bonus's Avatar
    Cash Bonus is offline Private Member
    Join Date
    May 2014
    Posts
    4,915
    Thanks
    8,350
    Thanked 2,828 Times in 2,056 Posts

    Default

    9000 euros is a fair bit of money. That's really quite disgusting and best to steer clear from them. Thank you for warning us.

  7. #6
    Join Date
    November 2005
    Posts
    4,510
    Blog Entries
    1
    Thanks
    1,920
    Thanked 2,216 Times in 1,278 Posts

    Default

    Quote Originally Posted by 777media View Post
    They have never been good payers even with small amounts
    Sorry to hear about you 9K debit.

    Thing is though, the red-flags were ignored... Now it's all tears. Hopefully you'll use this experience as a lesson, and not get burnt, again!

  8. #7
    Andy_thatsagoal's Avatar
    Andy_thatsagoal is offline Private Member
    Join Date
    February 2013
    Posts
    91
    Thanks
    7
    Thanked 32 Times in 25 Posts

    Default

    Told me they couldn't pay because they don't operate in the UK anymore.
    Thatsagoal.com
    CompareUKcasino.com

  9. #8
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    6,662
    Blog Entries
    1
    Thanks
    6,485
    Thanked 4,042 Times in 2,584 Posts

    Default

    Quote Originally Posted by Andy_thatsagoal View Post
    Told me they couldn't pay because they don't operate in the UK anymore.
    Sorry, do you mean they dont pay you commission you earned already under this excuse? or am I missing something here?

  10. #9
    Andy_thatsagoal's Avatar
    Andy_thatsagoal is offline Private Member
    Join Date
    February 2013
    Posts
    91
    Thanks
    7
    Thanked 32 Times in 25 Posts

    Default

    Quote Originally Posted by ocreditor View Post
    Sorry, do you mean they dont pay you commission you earned already under this excuse? or am I missing something here?
    Yes, exactly that. Commission is owed and they are saying this cannot be paid as they don't operate in the UK anymore.....
    Thatsagoal.com
    CompareUKcasino.com

  11. #10
    tomgalanis is offline Public Member
    Join Date
    April 2008
    Location
    London
    Posts
    313
    Thanks
    84
    Thanked 201 Times in 104 Posts

    Default

    They've certainly been having issues with funding... I'm amazed you've been paid as recently as June this year though... they owe us over €2000 in rev share dating back to early 2022.

  12. #11
    Bonusbedot is online now Private Member
    Join Date
    April 2020
    Posts
    67
    Thanks
    1
    Thanked 7 Times in 7 Posts

  13. The Following User Says Thank You to Bonusbedot For This Useful Post:

    drifter8 (15 January 2024)

  14. #12
    GMBLRS's Avatar
    GMBLRS is offline Private Member
    Join Date
    March 2019
    Posts
    35
    Thanks
    22
    Thanked 19 Times in 15 Posts

    Default

    Anyone got an update or payment from Fansbet / Rush Gaming?

    Our case is going to a debt collector on Monday. No other choice, I know that they all read my messages as I included a tracker in the last emails, but no one cares to respond. The AM tried to help on Skype but ultimately had no authority for payments, thus we are still at the stage of the OP's post.

    Fansbet, in general, went downhill when Argyle (their operating platform for the UK) filed for bankruptcy in the UK (or closed down, can't remember now), thus they lost one of their major markets. However, they are still operating under their MGA licence and thus are accepting players and deposits..

    We'll see what the debt collector can achieve since the operating company is registered in Malta.

  15. #13
    Bonusbedot is online now Private Member
    Join Date
    April 2020
    Posts
    67
    Thanks
    1
    Thanked 7 Times in 7 Posts

    Default

    "Dear Partner,

    We regret to inform you that FansBet.com is ceasing operations. This closure is a result of our UK licensing partner declaring bankruptcy, which has consequently impacted their ability to meet their commitments to us. As a result, the company has had to make the tough decision to shut down.

    Please direct your final invoices to [email protected]. At present, we are navigating through some financial difficulties and appreciate your patience and understanding during this time. We recognize the importance of meeting our financial obligations and want to assure you that we are actively working to address these issues as promptly as possible.

    Expect further communications from us by the end of January with more updates on the situation.


    Kind regards,
    Accounts"

    Email received on the 29th of December. After this was received, I talked to Dean. He has left the company as far as I know and the unpaid commissions "will be paid at some point" so I think some could see some coins but probably most affiliates will be left with nothing.

  16. The Following User Says Thank You to Bonusbedot For This Useful Post:

    GMBLRS (4 January 2024)

  17. #14
    GMBLRS's Avatar
    GMBLRS is offline Private Member
    Join Date
    March 2019
    Posts
    35
    Thanks
    22
    Thanked 19 Times in 15 Posts

    Default

    Quote Originally Posted by Bonusbedot View Post
    "Dear Partner,

    We regret to inform you that FansBet.com is ceasing operations. This closure is a result of our UK licensing partner declaring bankruptcy, which has consequently impacted their ability to meet their commitments to us. As a result, the company has had to make the tough decision to shut down.

    Please direct your final invoices to [email protected]. At present, we are navigating through some financial difficulties and appreciate your patience and understanding during this time. We recognize the importance of meeting our financial obligations and want to assure you that we are actively working to address these issues as promptly as possible.

    Expect further communications from us by the end of January with more updates on the situation.


    Kind regards,
    Accounts"

    Email received on the 29th of December. After this was received, I talked to Dean. He has left the company as far as I know and the unpaid commissions "will be paid at some point" so I think some could see some coins but probably most affiliates will be left with nothing.
    Thanks for posting that. We never received such an email but I talked to Dean just before the New Year. Also sent the invoices YET AGAIN to that email.

    Indeed, I expect affiliates to get pennies on the dollar if that much. Shame really as the brand was a good performer on our sites and I always managed to get us paid up to the point when the seemingly more serious issues started in JUL 2023.

  18. #15
    GMBLRS's Avatar
    GMBLRS is offline Private Member
    Join Date
    March 2019
    Posts
    35
    Thanks
    22
    Thanked 19 Times in 15 Posts

    Default

    Just another nugget in this odyssey.

    Fansbet was using Argyll Entertainment as platform in the UK, which in turn had SB Tech supplying the sports odds.

    In 2020, the fabled EEG (Esports Entertainment Group or shall we say Spiffbet) acquired Argyll and shut it down partly at the end of 2022 and completely in mid-2023. Seems to be their favourite pastime since they also closed down a ton of casinos they acquired in a rush, e.g. most of the Cashmio brands. Or they sold it back to the original owners as in the case of Bethard.

    Now, I think many affiliates have been affected by non-payments from EEG. Luckily, we had only AFFmore brands still on our sites although well hidden and removed since. We managed to finally get all dues in SEP 2023 but not without threatening legal action. From what I saw, the final payment was directly authorized from their HQ in the US.

    Thus, IMO, it is safe to conclude that the downfall of Fansbet and Rush Gaming Ltd is at least in part due to Argyll and EEG.

  19. The Following User Says Thank You to GMBLRS For This Useful Post:

    drifter8 (15 January 2024)

  20. #16
    idanbraun is offline Public Member
    Join Date
    September 2020
    Posts
    127
    Thanks
    38
    Thanked 16 Times in 15 Posts

    Default

    Quote Originally Posted by Andy_thatsagoal View Post
    Told me they couldn't pay because they don't operate in the UK anymore.
    For all I know they don't operate at all
    Did you know that UK Casino Club at casinos.fyi is not available only for UK players? Check out also more online casinos like Quatro Casino, Nostalgia Casino, Casino Classic, Yukon Gold Casino, Zodiac Casino, Captain Cooks Casino and slot games like Immortal Romance.

  21. #17
    Cash Bonus's Avatar
    Cash Bonus is offline Private Member
    Join Date
    May 2014
    Posts
    4,915
    Thanks
    8,350
    Thanked 2,828 Times in 2,056 Posts

    Default

    Quote Originally Posted by Bonusbedot View Post
    "Dear Partner,

    We regret to inform you that FansBet.com is ceasing operations. This closure is a result of our UK licensing partner declaring bankruptcy, which has consequently impacted their ability to meet their commitments to us. As a result, the company has had to make the tough decision to shut down.
    Absolutely terrible. This is really happening much too often and we unlucky affiliates are always left with nothing. As life grows colder and becomes more difficult with each passing year, there hardly seems to be comfort in anything and this is just another worrying trend.

  22. The Following User Says Thank You to Cash Bonus For This Useful Post:

    drifter8 (15 January 2024)

  23. #18
    tomgalanis is offline Public Member
    Join Date
    April 2008
    Location
    London
    Posts
    313
    Thanks
    84
    Thanked 201 Times in 104 Posts

    Default

    Anyone receive anything from FansBet?

  24. #19
    GMBLRS's Avatar
    GMBLRS is offline Private Member
    Join Date
    March 2019
    Posts
    35
    Thanks
    22
    Thanked 19 Times in 15 Posts

    Default

    Quote Originally Posted by tomgalanis View Post
    Anyone receive anything from FansBet?
    No news from our side, sadly. They all but went AWOL.

    This person is supposed to still answer but he went quiet too after contacting him: [email protected]

    I am starting to assume that we have to write off the outstanding commission.

  25. #20
    Andy_thatsagoal's Avatar
    Andy_thatsagoal is offline Private Member
    Join Date
    February 2013
    Posts
    91
    Thanks
    7
    Thanked 32 Times in 25 Posts

    Default

    Nothing here either. Totally forgot about it tbh, which says it all.
    Thatsagoal.com
    CompareUKcasino.com

  26. The Following User Says Thank You to Andy_thatsagoal For This Useful Post:

    GMBLRS (2 July 2024)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •