ClutchBet exits US betting market

The Australian bookmaker BlueBet Holdings Limited has declared its intention to withdraw from the US market in order to concentrate on its domestic business.

Due to the move, on Monday, September 16, 2024, its US-facing brand ClutchBet will close.



The business's decision to leave the US market comes after its earlier-in-the-year merger with Betr. At that time, the business declared that it would stop its intended US state expansion in order to conduct a strategic review of its business practices.

 

[Qwert135]

Most of the companies that are working in the us based markets find it very difficult as the taxes are always on the higher side and that is the reason why many companies choosing to cut off and noot work in the country indeed actually