Betfred Closes Australian Operation

Market overpopulated, spend better utilised elsewhere

Betfred's Australian online customers were met with a landing page message at Betfred.com.au today announcing the operation's closure after just six months of business.

The message reads: "We are sorry to announce that from Monday 1st December 2014 our Australian operation will cease trading. All monies will be returned to the card registered to your account.

"Betfred Australia would like to thank you for your custom and apologise for any inconvenience caused. If you have any further questions please email our customer services at support@betfred.com".

The Australian business was licensed by the Northern Territory Gaming Commission and headed up by former CentreBet exec Luke Brill.

A Betfred statement said the company had decided that current marketing and ongoing infrastructure costs will be better spent elsewhere than in the overpopulated Australian market.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,446
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts