{"id":3637,"date":"2022-09-13T11:24:58","date_gmt":"2022-09-13T11:24:58","guid":{"rendered":"https:\/\/www.newbettingsites.co\/?p=3637"},"modified":"2022-09-13T11:24:58","modified_gmt":"2022-09-13T11:24:58","slug":"energybet-energycasino-and-lvbet-to-exit-uk-market","status":"publish","type":"post","link":"https:\/\/www.newbettingsites.co\/energybet-energycasino-and-lvbet-to-exit-uk-market\/","title":{"rendered":"EnergyBet, EnergyCasino, and LVBet to Exit UK Market"},"content":{"rendered":"
In a blow to loyal customers who have championed the smaller brand for years, EnergyBet and EnergyCasino have decided to call it quits in the UK.<\/p>\n
Joining them is LVBet – technically a separate company but with links that have long been suspected that we will go into later on in the post.<\/p>\n
As for the reason?<\/p>\n
It’s fairly generic:<\/p>\n
“a business decision following the current market changes in the UK”<\/p><\/blockquote>\n
This is as in depth as the company have been in their official announcements, but we can speculate with some certainty what is going on behind closed doors.<\/p>\n
That makes it sound dodgy, it’s not, and existing customers have no need for concern as the companies behind both brands are still in business, so no funds are at risk.<\/p>\n
So what is going on here?<\/p>\n
Info for Customers of Energy and LVBet<\/h2>\n
Both brands are going to continue operating in other countries, so it’s not as though they are in financial trouble, and that means they will be pulling out of the market in such a way that protects customer funds.<\/p>\n
There is not yet any official announcement on the websites themselves and support agents are remaining tight lipped, but it is happening.<\/p>\n
The only concrete information available to those in the industry is that registration for new customers will cease on the 13th of September (today).<\/p>\n
However, it can be assumed that bets will no longer be taken a short time after this, and then there will be a period where the site stays live for withdrawals before closing down completely.<\/p>\n
As for ante post bets that have already been made, in these circumstances they are either refunded, or honoured\/paid out up until a certain date, but nothing has been confirmed as of yet.<\/p>\n
Rest assured though, everything should be handled fairly and professionally, and customer services are available to help once the customer base has been officially informed.<\/p>\n
What’s the Link Between Energy and LVBet?<\/h2>\n
<\/p>\n
On the face of it, there isn’t one.<\/p>\n
EnergyBet and EnergyCasino are owned and operated by Probe Investments under their own gambling license<\/a>, with no other brands associated.<\/p>\n