Sun Bets have today announced they are to cease trading, after their betting partner Tabcorp UK Ltd have paid £39.5 million to exit their deal to provide gaming services on behalf of the company.
Tabcorp’s chief executive David Attenborough said: “The performance of Sun Bets has been below expectations and we do not expect a material improvement over the next 18 months. As such, we have reached an agreement with News UK to exit the agreement”.
Sun Bets customers are urged to withdraw their betting funds immediately. For details on unsettled bets, free bets and withdrawing money from your account, see their FAQ page at https://www.sunbets.co.uk/info/faq
Read the full story on the Racing Post web site at https://www.racingpost.com/news/latest/sun-bets-ceases-trading-as-partner-tabcorp-exits-agreement/339480