In a shocking turn of events, two major online sports betting operators, Betway and SaharaBets, have announced their decision to cease operations in the United States. The move comes as a surprise to many in the industry, as both companies have established a strong presence in the American market in recent years.
Betway, a leading online gambling company based in Malta, first entered the U.S. market in 2018, offering a wide range of sports betting options to American customers. With a reputation for reliable service and competitive odds, Betway quickly attracted a large and loyal customer base in the country. However, things took a sudden turn last week when the company abruptly announced that it would be discontinuing its U.S. operations, citing “regulatory uncertainties” as the reason for the decision.
Similarly, SaharaBets, a popular online sportsbook based out of Nigeria, has also announced its withdrawal from the U.S. market. The company had been operating in the country since 2017, offering a variety of betting options on major sports leagues such as the NFL, NBA, and MLB. Like Betway, SaharaBets cited regulatory concerns as the main factor behind its decision to exit the U.S. market.
The news of both companies’ withdrawals has come as a blow to American sports bettors, many of whom have come to rely on Betway and SaharaBets for their online gambling needs. With the upcoming NFL season set to kick off in just a few weeks, many bettors will now have to look for alternative options to place their bets on their favorite teams and players.
Industry experts have speculated that the recent crackdown on online gambling in the U.S. may have played a role in Betway and SaharaBets’ decisions to pull out of the market. In recent months, several states have passed legislation aimed at tightening regulations on online sports betting, leading to increased scrutiny on operators like Betway and SaharaBets.
While the exact reasons behind Betway and SaharaBets’ exits from the U.S. market remain unclear, one thing is certain – their absence will be keenly felt by American sports bettors. With fewer options available to them, many will now be forced to look elsewhere for their online betting needs, making the search for a reliable and trustworthy sportsbook all the more challenging.只
As for Betway and SaharaBets, the future remains uncertain. While both companies have indicated that they are exploring other opportunities in the global market, it remains to be seen whether they will be able to regain the trust and loyalty of American sports bettors in the future. In the meantime, their sudden exits serve as a stark reminder of the volatility and uncertainty of the online gambling industry, where even the biggest players are not immune to the threat of regulatory crackdowns.
