Betfred CEO hints at possible U.S. departure

Sunday, August 18, 2024 6:35 PM
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  • United States
  • Mike Seely, Sports Handle

Swift on the heels of Betfred’s decision to cease accepting mobile sports bets in Maryland, Ohio, and Colorado, the company’s U.S. CEO told EGR that “further downsizing” can be expected in the States.

Once Betfred stops accepting wagers in Colorado on Aug. 31, its betting app will remain available for mobile wagering in four states: Arizona, Iowa, Pennsylvania, and Virginia. (Additionally, Betfred operates brick-and-mortar sportsbooks in Louisiana, Nevada, and Washington State.)

When asked by whether he felt like the UK-based sportsbook operator could survive in the U.S., Betfred USA CEO Kresimir Spajcic told EGR, “I truly believe that my team and I can create a sustainable business.”