Partial Austrian Exit For Betfair

UK betting exchange will shut down operations mid-July, but retain fixed-odds sports betting and online casino services

The UK online gambling group Betfair, which has operated under an Austrian licence since 2005, has announced a partial withdrawal from the region, advising that it will shutter its betting exchange from July 14, but will continue to offer fixed-odds sports betting and online casino services in the region.

The decision was taken following a review of operations by Betfair's executive team, which has hewed to a group strategy focused on licensed European markets and has seen Betfair exit the Greek and German markets, savings tens of millions in operational costs.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,449
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