Regulation

All bets are off: How BetBright's failure to honour its bets might change the industry

BetBright selling up to 888 Holdings and reneging on ante-post bets left a bad taste in the mouth, with some questioning whether this whole sorry saga sets a dangerous precedent

One of the biggest cardinal sins a bookmaker could ever commit is refusing to honour a bet. In gambling parlance, it’s to “welch” on an agreement struck with the punter when he or she hands over their cash and backs a selection. So when online operator BetBright abruptly closed up shop and voided all ante-post…

888 Holdings | BetBright | Regulation | Sports betting | UK Gambling Commission

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