Bethard exits UK online gambling market

18 Jun 2020

bethard-uk-exitBethard Group Limited has announced that it will cease its operations in the UK gambling market as of July 6, 2020. The Malta-based operator informed its players that reside in the United Kingdom that Bethard, its leading betting brand, will no longer accept bets or other transactions following the July 6 deadline.

Nevertheless, its UK players will be able to withdraw their funds and clear their accounts until August 10, 2020. Bethard is terminating its UK presence in order to be in line with UKGC’s licensing provisions. Furthermore, Bethard Group has conducted a strategic review recently and its management decided to focus only on the company’s so-called profitable markets. It appears that the British market is no longer among them.

It is worth noting though, that Bethard managed to secure its UKGC gambling license back in 2018, as part of the operator’s multi-market expansion plan. More specifically, its target was to become active in the United Kingdom, Denmark and Ireland, since it already was and remains a leading bookmaker in its home market of Sweden.

In its exit statement, the firm’s management has decided not to reveal any specific reasons for its imminent departure from the UK and it only stated that it has meticulously assessed all its marketplace options.

It is also worth mentioning that the UK online gambling tax hike, along with the significant regulatory and compliance changes that took place during the course of 2019/2020; have forced several licensed operators, like Betclic, ComeOn and Royal Panda, to exit the market.

Bethard management stated that the sportsbook will keep on operating successfully on all the other established markets, namely Sweden, Spain, Malta, Ireland and Denmark.

Why choose Bethard

Zlatan trusts the highest odds
  • 150+ betting options
  • Asian Handicaps
  • Award-winning SBTech platform
  • Cash-Out
  • Fast Markets
  • 2.000 pre-match events daily
  • Free of charge withdrawals
  • Great promos and offers
Play now
Get the Best Odds
BOOK SPY
BOOK SPY BONUS REVIEW

Bethard.com has been around since 2014 and their improvement is vast, year by year. They have invested in entering top regulated markets and while they began having licenses in Curacao and Malta, a few years later they managed to get licensed in the UK and in 4 core EU markets. The fact that the sportsbook platform is courtesy of SBTech, gives them extra points. Product-wise there are some no's, as the low odds on secondary and special bets. I expect Neteller and Skrill payments to be back soon and also to add the QuickBet feature, but there are also many more positives to get a hold on. I enjoyed the Bethard's odds, which are high on the best leagues, both on pre-match and Live events. They even are better than the Bet365 ones. The Customer Support agents' answers were immediate and all legit. Additionally, all the aspects of the mobile offering are what are expected to be since both the mobile site and apps were light, quick and easy on the eye. Bethard, is a brand marching towards the top and definitely worths your time.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

1Xnews, the official portal of 1xBet, has announced an agreement with football club Goa of the Indian Super League. The deal is for the 2021/22 season...

Read more »

The Premier League’s football club Chelsea and its partner, the renowned bookmaker Parimatch, have launched their brand new campaign named ‘The Chosen...

Read more »

According to recent research, gambling-related companies are the most common form of shirt sponsors in European football for another year. Over one fi...

Read more »

Despite the new regulation in Germany and the Netherlands LeoVegas, the Nasdaq-listed group, announced a 12% increase of its total revenue in the Q3 t...

Read more »

After the new agreement that the Union of European Football Associations (UEFA) and Sportradar announced, the sports betting data provider will be an ...

Read more »

The government of Sweden announced that the harsh online gambling restrictions that include a SEK 5,000 (i.e. £424/€491/$600) monthly deposit cap will...

Read more »

Entain has created an exclusive content for Formula 1 fans and will cooperate with McLaren. Via its Partypoker Sports brand, the sports betting group ...

Read more »

The Gaming Control Authority, a part of the Ministry of Finance of Lithuania, announced that it issued a warning to every sports betting company opera...

Read more »

The English football club, Queens Park Rangers (QPR) made a new agreement for a sponsorship with Gamstop. From now on QPR will dedicate matchday and p...

Read more »

According to data from the regulatory authority of France L’Autorité Nationale des Jeux (ANJ) the online sports betting sector in the country made a r...

Read more »

LATEST BOOKMAKER PROMOTIONS