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Hanzbet founder says EA Entretenimento ended operations without consent

Business

Hanzbet founder Eduardo Peres said EA Entretenimento e Esportes Ltda unilaterally decided to close the betting brand on 21 July, without the original team’s consent. Peres alleged that customers were told to withdraw available funds while liquidity had been removed, preventing withdrawals; the dispute concerns control of the brand and its finances.

The reported closure and blocked withdrawals create operational and customer-fund concerns for the parties involved.

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CBRE analyst says scale will matter as UK gambling market consolidates

In an interview, CBRE credit research head Colin Mansfield said scale matters to Bally’s long-term UK position as the market consolidates. Bally’s Intralot reported a 22.8% year-on-year rise in B2C revenue in preliminary Q3 results, attributing it to UK growth and the addition of Intralot’s B2C business.

Bally’s Intralot reported a 22.8% year-on-year increase in B2C revenue in its preliminary Q3 results, which it attributed to UK growth and the addition of Intralot’s B2C business. B2C revenue rose from around $210m to more than $257m in Q3.

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