Betway is stopped their sites in india from 30th Sep 2023 and yet their is not official update from betway regarding same .
Online betting company and esports sponsor Betway has withdrawn completely from India, as per an email sent to bettors on Oct. 1. In the email, Betway informed customers that the company had “regrettably elected to cease trading” in India.
Then, in July, India’s government stated it would impose a 28% tax on all funds that online gaming companies collect from their customers, which affected Betway. As a result, Betway has decided to withdraw from the country.
Apart from bettors in India, Betway’s departure from India may affect some of its esports sponsors. India is a huge market for betting companies, and losing it would represent a significant blow to revenue.
Betway continues to be a major sponsor in the esports scene. Betway renewed its sponsorship with tournament organizer BLAST in February, continuing a four-year partnership. In May, Betway began a partnership with Dream Hack. In June, the company sponsored Beyond the Summer. All these sponsorships have made the betting company one of the most prominent tournament sponsors in all of esports.
Their is several tweets who are tagging betwayofficial and Betway india to get the real update whether Betway is permanently shutting or its a temporary shut from india . Because in previous we have seen many times Betway india sites got like this for few days .
The main and most predicted reason is that 28% GST on all deposit and Withdrawal Betway needs to pay Govt . Due to this taxes imposed recently many of big giants gambling sites exited from india . yet its not official that betway is exited or not but till now 3rd October 2023 betway is not operation . for any quert related withdrwal and amount in account get in touch with betway officials -enquiries@betway.com
Wait till next update from betway to action on same . betway is big and trusted site which operate from US Malta and will defiantly pay all you r remaining balances .But Big ? is That whether 28% GST are applicable on same or not ?
now its a high time many sites and poeple is going to come and claim that we will get you all your remaining betway balances in favor of that they will ask you more money and many of other will infulnce you to join other trusted site . but think about it and before to do anything .
Advice – Wait till betway official update .