Australian bookmaker BlueBet Holdings Limited has announced that it will leave the US market to focus on operations in Australia.
The move will see its US-facing brand ClutchBet close down on Monday the 16th of September 2024.
BlueBet Closing ClutchBet Ahead of US Market Exit BlueBet Closing ClutchBet Ahead of US Market Exit, BlueBet stated that slower than anticipated regulatory approvals have hampered its plans for US expansion in the B2B sports betting software sector. It also noted that the dominance of larger brands in the US made it difficult for smaller sports betting operators to remain in the market. BlueBet Closing ClutchBet Ahead of US Market Exit BlueBet Closing ClutchBet Ahead of US Market Exit BlueBet Closing ClutchBet Ahead of US Market ExitClutchBet will no longer accept any deposits beginning today. All funds must be withdrawn by 5pm on September 15th. Any customers that fails to withdraw their funds will have a check sent in the post. All futures bets that settle after the closer date will no longer be honored, but the company will make an offer that “ClutchBet deems equitable for both parties.”
Jenny Tang
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.