The website notified consumers that it had requested licence withdrawal from the Gambling Commission of Great Britain, otherwise known as UKGC.
BetssonGroup will remain committed to other markets in which it operates, but it will no longer be available in the United Kingdom, at least until further notice.
To make it easy for consumers to reclaim any funds, Betsson has set up a process and reassured that it has enough liquidity to repay users.
The group no longer accepts deposits and bets on BetSafe so players would not be able to find these options anymore.
All bets that have been settled by October 21 2020 will be paid out.
Unused bonus cash is also going to be paid out.
Players will have access to their accounts via the website and can choose to withdraw funds until November 18, 2020.
After that, the accounts will be suspended and BetSafe will make its official exit closing down its digital shop as well.
However, anyone who is late shouldn't worry. Betsson will try to contact any consumers who haven't reclaimed their money by December 31, 2020.
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