BetBright Casino has shut down its gambling operations after being acquired by 888 Holdings in a £15 million deal.
In a message posted on the BetBright Casino website, the company announced that Dedsert Ireland Limited, who trade as BetBright, have ceased offering their services on a permanent basis as of Tuesday 5th March 2019.
The company offered an online casino and sports betting options for players, and was based in Ireland. The Dublin-based office will be taken on as part of the 888 group.
According to analysts from Regulus, the reason for this shutdown could be partly due to rises in tax across the UK and Ireland, and early-stage growth projections may have been affected by a market slowdown.
They have also commented that the fact the business has been sold for £15 million following a £60 million investment suggests a ‘complete business failure’.
BetBright Casino Customers are able to access their accounts for 30 days from the shut-down date, and it is recommended they withdraw all winnings and remaining balances from their accounts in this timeframe.
Withdrawals to debit and credit cards will take between 2 and 5 business days to process, and e-wallet transactions will take up to 1 business day.
If funds aren’t withdrawn from customer accounts by this date, then BetBright will be withdrawing the balance to existing payment methods within the following 60 days.
Any unsettled bets due to settle by Tuesday 5 March will be settled as they ordinarily would be, and multiple bets due to settle beyond this date with winning legs associated to the bet will settle as winning bets, with unsettled legs that remain becoming void.
Free bets or bonuses on your account that were outstanding will be added to customer accounts as a cash amount, and will be withdrawable to your payment method of choice. The customer support team is on hand to help with any issues or queries customers may have.
Meanwhile, 888 Casino has expressed optimism over the acquisition, saying that their product and technology capabilities have been strengthened as a result and they will have a high-quality and scalable sportsbook platform, along with the ability to take ownership over product development for their casino, sport, poker and bingo offerings.
888 Casino is an increasingly popular choice for gambling fans, offering live casino, slots and jackpots, casino games and slot races. With a generous welcome bonus and numerous promotions, its offerings are only going to improve as time goes on.
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