According to FAQs published regarding the announcement, BetBull customers will be able to log into their accounts until the closing date to withdraw funds. After this date, the customer support team will process withdrawals manually.
BetBull stopped accepting deposits yesterday (20 June).
The operator will stop accepting bets from midnight on 24 June.
Between 24 June and 3 July customers will only be able to conduct withdrawals, after which the site will close down.
However, open bets on events that will take place before 26 June will be considered active and will be settled normally.
BetBull was founded as a “social” betting operator, with features for users to share their bets.
Land-based operator Wynn Resorts acquired a stake in BetBull in 2018, before Wynn Interactive acquired BetBull in 2020.
Reports last year suggested Wynn considered selling off its interactive business, though CEO Craig Billings last year said the operator was still committed to online.
“This week BetBull will cease trading; it has been a great journey – seeing the brand take it first bet to its last,” said Paul Archer, marketing director at BetBull.
“Thanks to everyone for their efforts in the past years and a special thanks to those I worked most closely.”
Original article: https://igamingbusiness.com/betbull-to-close-on-3-july/
