Betway Ceases Operations in India
Betway & Bet365 Closed Operations in India, Fun88 Emerges as the Sole Legitimate Global Betting Brand
[Hyderabad, 6, Oct, 2023] — Betway, a renowned international betting brand, has regretfully announced the discontinuation of its operations in India. This decision comes in response to the recent implementation of a 28% GST on offshore gambling companies by the Indian government, which is set to take effect from October 1st.
Betway had a significant presence in the Indian betting industry from quite long. Unfortunately, due to the substantial tax requirements imposed on offshore gambling entities and a similar move by Bet365, Betway has been compelled to suspend its operations in India.
Click here to Play on Fun88
While Betway understands the importance of regulatory compliance and contributing to the Indian economy, the new tax policy has made it challenging for the brand to continue offering its services in the country. Consequently, Betway has made the difficult decision to cease its operations in India.
This development leaves Fun88 as the sole legitimate global betting brand that will continue to operate in India. Fun88 is committed to providing Indian bettors with a secure and entertaining betting platform while ensuring full compliance with all relevant regulations.
Fun88 has established a strong presence in the Indian market and remains dedicated to offering a wide range of sports betting options and casino games. With an emphasis on fairness, transparency, and responsible gambling practices, Fun88 is the ideal destination for Indian bettors looking for a reputable and enjoyable betting experience.
Fun88 is a reputable global betting brand known for its dedication to responsible gambling practices and a wide range of betting options. Fun88 has earned a strong reputation in the Indian market and is committed to providing Indian bettors with a safe and entertaining betting platform.
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