Monday March 3,2014 : BET365 OUT OF THE PHILIPPINES
No specific reason given for decision to depart a lucrative market.
One of the largest online gambling companies in the world, the UK-based bet365 group, has inexplicably decided to depart the Philippines market.
Towards the end of February players in the region were told that the company's websites would be closed to them with effect from February 25 and that all account balances would be honoured. Given the excellent reputation of the operator there is no reason to doubt that assurance and to date no player payment complaints appear to have surfaced.
The operator gave no specific reason for its exit from the Philippines, merely advising that its decision followed a review of operations.