Canbet – Riding The Wave
Canbet rode the first wave of the online gaming industry’s popularity for many years, and grew into a major online gaming operation with devoted users all around the globe.
By offering its customers with a wide range of sports and bet types, Canbet provided customers with the most dynamic In-Play betting service available online. At its peak, Canbet offered unbeatable online gaming services, including comprehensive live betting and Asian handicap football betting markets. Its customers were always confident that they were experiencing a world class operation, a solid and publicly traded company whose management team had many years of experience between them.
Canbet has its origins in Australia in 1995. This was an exciting period for the online gaming industry, which was just beginning to not only take shape, but to take off. Records on the history of online gaming are sketchy but Canbet was one of the first online gambling sites. The popularity of Canbet and its competitors began to really explode as the 1990s progressed. By 1997 there were more than two hundred online gaming websites and revenues by then had already reached a combined 830 million dollars for 1998 alone.
By then Canbet and other online gaming sites began to offer wagering on sports, and as these increased in popularity more and more possibilities were recognized and made available. Live betting got its start around 2002, allowing players to place bets on sporting events even as the event was underway. Live betting was an immediate hit since it mirrored the kind of betting that players were already able to do in the real world.
In 2012 Canbet was purchased by Interactive Gaming and Sports, which itself was majority owned by Delta Corp Ltd, an Indian listed company.
Canbet 