This story was published more than 9 years ago.
Online gambling firm and Bodog franchisee Bodog UK has laid off 70 workers, various news outlets are reporting.
Gaming information site iGaming Suppliers says that the layoffs are due to the company's inability to secure a British development license. For its part, Bodog says that the cause of the layoffs is company restructuring.
“In the UK we have undertaken a long period of market analysis and we are now starting to adapt our product to fall in line with those findings," a statement by Bodog UK reads.
"We feel we now have a better understanding of what the UK customer wants and the focus now is on re-structuring our business to be better placed to put that information into practice.”
The layoffs come in the wake of the indictment of Bodog founder Calvin Ayre and the quick closure of Bodog's office in Costa Rica. At the time of the Costa Rican closure the company said: “A Costa Rican based business process outsourcing company providing services to the Bodog Brand has expedited its closure after fears it will be wrongly associated with the Bodog.com indictments."
“After the brand licensing agreement with the Bodog Brand and Morris Mohawk Gaming was terminated in December 2011, along with ever increasingly restrictive economic conditions in Costa Rica, the BPO had already started to make plans to wind down its operations."