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SBD Global/June 12, 2014/Finance

British Bookmaker Betfred Ceases Operation In 19 Countries Over Licensing Issue

British bookmaker Betfred "has reportedly ceased operations in 19 different countries due to licensing issues," according to POKER STRATEGY. As a result, Betfred "will close the accounts of its customers in the affected countries in a timely fashion." The bookmaker "will give its customers 30 days to balance their accounts." The countries that are affected by Betfred's decision are: Germany, Austria, Denmark, the Netherlands, Belgium, Norway, Sweden, Hungary, South Africa, Finland, Poland, the Czech Republic, Bulgaria, Japan, Latvia, Portugal, Slovakia, Ukraine and Romania. The bookmaker "has not released an official statement" (POKER STRATEGY, 6/10).
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