Not surprising at all. This...ahem....resignation comes a few days after reliable information concerning Mansion's huge losses was released .
The new question is....will Tomeny ( Canbet's founder and guru of Canbet and now Mansion's failed business model ) be the next to ...ahem...resign ?
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The new question is....will Tomeny ( Canbet's founder and guru of Canbet and now Mansion's failed business model ) be the next to ...ahem...resign ?
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Run don't walk.
Is anyone here surprised? Would anyone here be shocked if they closed their doors tomorrow and nobody saw a penny?
Spare me your analysis of risk vs. reward and how much money you have made of of them up until now. Believe it or not there may be one or two fools who didn't make money there and lose their deposits. And if it's one, it's too many.
If you have 30 books and you need a 31st, you might consider keeping a small balance there. Sheesh.
Another book backed by some mysterious Asian "investor" with "deep" pockets, they must be "solid."
They had no business being on anyone's recommended list. They are a new book with a bad model run by people who used the same model to blow up their previous operation. Only this time they were going to do it bigger. More volume!
Is anyone here surprised? Would anyone here be shocked if they closed their doors tomorrow and nobody saw a penny?
Spare me your analysis of risk vs. reward and how much money you have made of of them up until now. Believe it or not there may be one or two fools who didn't make money there and lose their deposits. And if it's one, it's too many.
If you have 30 books and you need a 31st, you might consider keeping a small balance there. Sheesh.
Another book backed by some mysterious Asian "investor" with "deep" pockets, they must be "solid."
They had no business being on anyone's recommended list. They are a new book with a bad model run by people who used the same model to blow up their previous operation. Only this time they were going to do it bigger. More volume!
Let me intervene here. I knew about David leaving the day it happened which was about 2 weeks ago (come Monday to be exact)...
I also KNOW that the ownership behind MANSION has more money than you could ever imagine, and I am not talking millions either...
This is a sports book that I have sent money to, will continue to send money to, and I've been paid faster from this place than many others I have done business with on MULTIPLE OCCASIONS...
Is it true they have lost money? Hell yes! But, character is everything in this industry and this particular person would rather die than stiff anyone...
So, I guess if the ownership continues losing, he'd pay everyone, as he always has, in a timely manner, then close down, but NOT STIFF...
My 2 cents..
Jay,
You are DEAD WRONG to insinuate that this sports book is not to be trusted. I'd be willing to place a hefty wager that your money will always be safe with them, period...
THE SHRINK
I also KNOW that the ownership behind MANSION has more money than you could ever imagine, and I am not talking millions either...
This is a sports book that I have sent money to, will continue to send money to, and I've been paid faster from this place than many others I have done business with on MULTIPLE OCCASIONS...
Is it true they have lost money? Hell yes! But, character is everything in this industry and this particular person would rather die than stiff anyone...
So, I guess if the ownership continues losing, he'd pay everyone, as he always has, in a timely manner, then close down, but NOT STIFF...
My 2 cents..
Jay,
You are DEAD WRONG to insinuate that this sports book is not to be trusted. I'd be willing to place a hefty wager that your money will always be safe with them, period...
THE SHRINK
Ken is right when he says there's no reason to fear with Mansion. The question is more about their business model. Having all the coin of the world doesn't make you a pinny, unless you have Henry running the numbers. And there's no one else like him in this industry, like it or not.
Lets put it this way Noreaga....Panam started with 230K....and went bust when they lost 700K....Mansion has lost over 20 Million ( more, according to some ) without taking their marketing expenses into account ( HUGE in the U.K. ).
The guy that owns the place is one of the wealthiest men in the Far East. He has a reputation to maintain at the highest levels ( Buckingham Palace in the U.K. ).
NO, I don't think he'd ever stiff.
The guy that owns the place is one of the wealthiest men in the Far East. He has a reputation to maintain at the highest levels ( Buckingham Palace in the U.K. ).
NO, I don't think he'd ever stiff.
