Betfred CEO says further US downsizing is possible
Betfred USA CEO Kresimir Spajcic said the company may reduce its US operations further, with a complete exit also under consideration if it cannot build sufficient value. Betfred planned to stop taking mobile bets in Colorado on 31 August, leaving its app active in four states; Spajcic said he expected a clearer view of the company's direction by year-end.
Suppliers and operators should monitor Betfred’s possible U.S. retreat and its stated review of future operations.