- Betfred has withdrawn from more than a dozen markets as of Monday June 9.
- The reason for the withdrawal has been given as “regulatory and general licensing processes”
- An email which has been sent to players explains that funds must be withdrawn “within 30 days as access to your will be unavailable beyond then.”
Betfred has withdrawn from more than a dozen markets, as of Monday June 9. 6b148
Countries on the new blacklist include , Sweden, Finland, the Netherlands, Hungary, Portugal and Canada.
Players from these countries who currently have s will no longer be able to use them other than for withdrawing their funds.
The and conditions on the website have been updated and reflect the complete list of countries from which it will no longer accept s:
Betfred does not allow South African, German, Swedish, Dutch, Norwegian, Finnish, Belgian, Polish, Bulgarian, Austrian, Czech, Hungarian, Japanese, Latvian, Portuguese, Romanian, Slovakian, Ukrainian, Canadian, French, Italian, American, Kyrgyz, Spanish, Greek, Danish, Serbian, Montenegrin, Chinese, Israeli or Turkish citizens or residents to open s, deposit funds or place bets on our sportsbook, casino, poker, games or bingo.
The reason for the withdrawal has been given as “regulatory and general licensing processes,” according to a on the PokerStrategy forum.
Betfred operates a poker room on the owned by iPoker’s parent company Playtech.
An email which has been sent to players explains that funds must be withdrawn “within 30 days as access to your will be unavailable beyond then.”
However, a statement made by PokerStrategy indicates that players have only two weeks to process withdrawals.
Much of Betfred’s business comes from explain the legality of their operations in countries where they are not nationally licensed.
As the UK is such a critical market to Betfred, the withdrawal may be connected with the new regulatory demands.
announced that it was withdrawing from 55 countries for “regulatory reasons.”