Betcade will be history from the end of January

16 Jan 2017

BetcadeA shocking announcement came to the light of day  a week before, since it was when the CEO & Founder of dedicated ‘real-money’ gaming/gambling app store Betcade, David Chang, revealed that the company will stop its operations at the end of January. The news came like a bomb to the betting industry, since no one saw it coming, while Mr Chang failed to deliver specific reasons for the ceasing of the operations. The Betcade CEO in his statement thanked all the stakeholders and continued by saying that he is excited for the future of o the gambling industry. Betcade launched in the last month of 2015 and had the aim to become the new way of gambling via their mobile real money gambling apps.

Chang detailed in his statement: «Start-ups seek to positively influence the industry which they are in however this comes with considerable risk as a business. After evaluating our options, it was determined that the best course of action for the company was to close the business in an orderly manner and look after our people the best we can.».

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