BetButler database acquired for £1


Curacao based Momaco has acquired the player database of bankrupt sports betting broker for the sum of £1.

The investment company reported that it was currently studying the potential launch of a British facing sports betting product in the coming months.

BetButler had ceased trading on September 1, as the management of the financially stricken operator looked for new investment.

Speaking to igaming industry news source EGR Magazine Momaco spokesperson Mark Craig confirmed that the firm had completed the acquisition for the nominal fee. Momaco will gain approximately details of approximately 68,000 customers.

As part of its databse acquisition terms, Momaco will refund all BetButler customers in full. Momaco did not disclose how much was owed to customers by BetButler.

Craig stated that the firm would look to apply for a Gambling Commission licence in order for Momaco to launch a sports betting product. The firm has retained the option to operate the BetButler brand, however Craig stated that the decision to use the brand would be highly unlikely.

Check Also

Halifax launches ‘gambling freeze’ feature for UK accounts

Halifax has become the latest bank operating in the UK to allow its customers to …

PandaScore and PA Media: Putting esports on the map

Speaking at the recent Betting on Sports conference in September, Rich Duncan, Head of Business …

bet365 ups Manchester presence revamping DevOPs division

bet365, the UK’s leading online bookmaker, is set to expand its Manchester operational capacity after …