MansionBet to shutter on 31 March
Parent company Mansion Group confirms refocused strategy on online casino as sportsbook brand closed
Mansion Group is set to bring the curtain down on its sportsbook, MansionBet, with the brand scheduled to cease trading on 31 March 2022.
Mansion said the decision was based on the firm’s desire to focus on its online casino operations and the heightened competition and regulatory environment within the UK sportsbook market.
Mansion will now focus on its Casino.com, MansionCasino and Slots Heaven brands in the UK market.
The group will also continue to operate MansionCasino in Spain and is in the process of applying for a licence to launch Casino.com in Ontario.
MansionBet customers will be able to withdraw funds until 31 March and can continue to withdraw funds via specialised support from the company’s support team after that date.
Open bets that are scheduled to conclude after 31 March will be honoured and paid in full, if winners, until 28 April 2023.
Any customers with open bets with conclusions post 28 April 2023 will have their stakes returned in full.
https://twitter.com/MansionBet/status/1500828453674926080
Christian Block, Mansion CEO, said: “After careful deliberation, we have decided to cease trading our MansionBet brand.
“The commercial decision was a difficult one, but it does provide opportunity to focus on our casino brands, where we have a long history of excelling.
“To minimise impact on consumers, we have ensured our customers’ future winnings continue to get paid out, and stakes will be returned regardless of outcome.
“Finally, I would like to thank all our colleagues and partners for building the sportsbook brand, and our loyal customers for their support throughout,” he added.
Elsewhere, EFL Championship side Bristol City confirmed it would continue to wear MansionBet branding on the front of its first team shirts until the end of the season despite MansionBet stepping down as the club’s principal partner at the end of March.