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William Hill Pulls Out Of Chinese Market

UK betting giant William Hill plc announced that they will be withdrawing from the Chinese gaming market, citing the need to comply with the country's national betting regulations.

The move was announced through an email by the firm, who announced that they would be exiting the market on August 19th, 2013.

The email reads:

"We regret to inform you that William Hill has taken a decision to withdraw all of its online betting and gaming services for all residents of China for the foreseeable future. We sincerely apologize for any inconvenience this may cause you; however this decision has been taken for regulatory reasons beyond our control."

"We will be suspending all accounts of all residents of China from midday Monday 19th August, 2013. After this date, bettors will not be able to use their accounts to access our online sportsbook or gaming rooms."

"Bettors will be able to check their accounts and withdraw any outstanding balance at any time, unless we notify you otherwise in future, by logging in, selecting 'My Account' and then 'Withdraw' to request a return of their outstanding balance."

"Please feel free to encourage your players to contact Customer Services if they experience any problems accessing their account or withdrawing their funds. We would like to take this opportunity to thank you for your support of William Hill. Trust that we will continue to keep you apprised of any changes."

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