$ £

SBObet Leaves the UK

Internet betting site SBObet has announced its decision to pull out of the UK gambling market effective September 15th, joining the Mansion Group in pulling out of the market.

The decision to leave the UK is a direct result of the country's impending new gambling laws which are set to go into effect on October 1st. The laws will require operators that service British citizens to have a betting license through their regulator and imposing heavy taxes.

SBObet is advising all players to pull their funds from their accounts, although the company will refund any outstanding accounts after the fact.

Share this