Online gambling operator Bethard has decided to exit the United Kingdom market as of next month. It seems this is becoming a common trend given the UK’s increasingly restrictive regulatory reforms.
The gambling operator based in Malta has notified its UK customers that its flagship Bethard brand would no longer accept any wagering transactions as of the 6th of July. Players can still place wagers up until July 6, but all open bets are going to be closed following that date. Customers have been advised that they’re going to have until the 10th of August to withdraw any remaining balances in their accounts.
Bethard have advised that the UK exit follows a strategic review undertaken during lockdown during which management have chosen to specialise their efforts in ‘profitable markets’. This means that the operator will maintain its presence across all other established markets, through it’s licenses gained in Malta, Denmark, Ireland, Spain and Sweden.
On Monday, Bethard’s UK customers reported receiving emails from the operator notifying them that the website and brand was withdrawing it’s operations from the UK with the deadline date of July 6 given. Customers were told that they had until the 10th of August to withdraw funds and zero out their player accounts, in line with UKGC licensing procedures.