Attention all Fans Army! Betway, the top online betting site, has decided to bid farewell to the Indian market. In a regrettable move, they have chosen to cease trading in India. The reason behind this shocking decision? The government has levied a hefty 28% tax on offshore gambling companies. It’s a devastating blow for all bettors in India. Read more for fantasy tips, best alternative sites and updates on the ever-changing gambling landscape.
Why is Betway not working in India?
Is Betway banned from India? Not really, Betway has made a sudden decision to discontinue all of its online gambling services. This is a drastic move that has come as a surprise to many Indian players and industry experts alike. The company cited an inability to comply with new regulations and changes in the online gambling sector as the reason for their decision.
It is to be noted that on 30the September 2023, they sent out an email prompting the users to deposit, however, there has been a setback and they have pulled out from the Indian market as of 1st October 2023.
How to withdraw the funds from Betway?
A user will no longer be able to access or login the Betway app and Betway website as the part with the message -“We regrettably have elected to cease trading in your region. We will work with you to return any outstanding balances.
If you have an account you would like to discuss please contact us at enquiries@betway.com and include your username.”
They can also try to reach out to their customer support team on X (previously Twitter)
Top Brands that have pulled out of India during the last year(2022-23):
- ComeOn
- Bet365
- Win Daddy
10cric is a scam and full fraud website. don’t bet there.