Online gambling operator Bethard is going to leave the UK market next month, the latest in a growing rush to the exits amid the UK’s increasingly restrictive regulatory regime.
On Monday, Bethard’s UK customers reported receiving emails from the company alerting them to the fact that the site was withdrawing from the UK market effective July 6. Players will still be able to wager up until July 6, but all open bets will be closed following that date. Customers have been told they will have until August 10 to withdraw any remaining balances in their accounts.
The Malta-based operator, which only received its UK Gambling Commission license two years ago, did not offer any specific justification for its decision to bid the UK buh-bye, saying only that the decision came following “a careful review of our strategic options.”