MAR 26 DE NOVIEMBRE DE 2024 - 01:48hs.
Betting house withdraws from the country

Faced with uncertainties surrounding regulation, 188BET closes its activities in Brazil

After more than 15 years operating in Brazil, 188BET announces that it will cease activities in Brazil as of yesterday (6). The decision was sudden and taken after a strategic assessment by the group, which rethought staying in the country while the regulation of the sector remains under debate in the National Congress. The site will be permanently shut down on December 15, 2023.

From 11/13, registrations or deposits will no longer be accepted on the platform. Users must withdraw their funds on the website by 12/15. The site will be permanently shut down on December 15, 2023.

The Asian bookmaker, based and regulated by the Isle of Man Gambling Commission, was created in 2006 with a simple mission: to offer the best online entertainment experience.

188BET arrived in Brazil in 2008, betting on a market that is still little explored. In this way, it gradually opened up space, being a pioneer in the betting sector on open TV.

Within this period there were numerous milestones and achievements, such as: sponsorship of the 2018 World Cup on cable TV, partnership with FC Play to broadcast state games in 2019, sponsorship of Clube Atlético Mineiro and other important campaigns carried out throughout the years. years.

Source: GMB