No shock here, another UK-facing bet brokerage has gone under. Customers have complained about withdrawal delays for over 12 months, while the UK Gambling Commission sat there and did nothing. They only appear to be interested in sustaining that overrated, self-perpetuating industry called compliance. Gotta make sure those boxes on the fancy forms are ticked! Earlier in the year, BetButler were even allowed to take over the debts of Bodugi, the failed social gambling site of Dave Nevison, whose customers had already suffered cash flow problems - talk about a double hit! Hat tip to BettingTools.co.uk for the article BetButler ceases trading Remember BetBrokers back in 2008? A very familiar tale. BetBrokers goes broke The concept of a bet brokerage is nothing new - in Australia there have been numerous individuals over the years doing the same thing, we call them commission agents. Either for convenience (don't have the time or energy to chase best price), anonymity (celebrit...
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.