The email went on to explain that all players would be allowed to play up until June 21st, but that they should avoid placing any wagers for events that take will settle after the shutdown date. Any wagers made on events that settle after the 21st will be voided and the customer’s stake refunded.
The deposit function has already been removed and customers can only wager or play with their existing balances at Bovada sportsbook. Loyalty points have been converted into a cash bonus and no further points can be earned.
Bovada Set to Quit New York State on June 21st as a Result of New Regulations and Restrictions Bovada Set to Quit New York State on June 21st as a Result of New Regulations and RestrictionsThe decision to pull out of New York comes following the recent legalization of online sports betting and gaming in New York State. The move to legalize gambling in New York by Gov. Cuomo to regulate the online industry has led to fears that any online providers without licensing approval from the New York State Gaming Commission will face legal action as the state looks to protect its tax revenues.
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.