After having taken extensive legal and banking advice, the parent company of BetWWTS, BetBet, CyberSportsBook and WagerOnSports, concluded that once the UIGE Act is signed into law, the group will no longer be able to accept funds transfers from customers resident in the United States.
Given that a substantial proportion of the group\’s customers are located in the United States, this will have a very material adverse impact on the future prospects of Betcorp.
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