Cloudbet Stronger After BetVIP Deal
One betting company shuts down to make another one become even stronger aka. a huge win for CloudBet. BetVIP has shut down due to “the early nature of Bitcoin sports betting and an increasingly restrictive legal environment,” and, as they wrote on their website, the company was “unable to reach a viable revenue in order to make it feasible to continue operating…” Because of this debacle, BetVIP customers became unable to access their funds from June 12, which put the company and its clients in a world of trouble.
Good for Cloudbet, great for customers
iGamingbusiness reports that from now on, clients of BetVIP will be able to access their account and funds, thanks to Cloudbet. Furthermore, there will be no more restrictions on withdrawn funds. With this gambling industry development, everyone wins. As Leandro Rossi, director of Cloudbet said: BetVIP has shut down due to “the early nature of Bitcoin sports betting and an increasingly restrictive legal environment,” and, as they wrote on their website, the company was “unable to reach a viable revenue in order to make it feasible to continue operating…” Because of this debacle, BetVIP customers became unable to access their funds from June 12, which put the company and its clients in a world of trouble. According to gambling news, however, BetVIP’s customers have been taken over by Cloudbet.
Good for Cloudbet, great for customers
iGamingbusiness reports that from now on, clients of BetVIP will be able to access their account and funds, thanks to Cloudbet. Furthermore, there will be no more restrictions on withdrawn funds. With this gambling industry development, everyone wins. As Leandro Rossi, director of Cloudbet said: |