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WBX betting exchange closes due to rising UK regulatory costs

17th March 2015 1:58 pm GMT

World Bet Exchange (WBX) has shut down its UK-facing online betting exchange after nearly ten years in operation, with the company citing the rising regulatory costs in the UK for its closure.

The betting exchange was suspended Monday afternoon, although customers will still be able to log in to withdraw their funds and to see their balances and unsettled bets.

WBXMail, which connects customers to the company’s Member Services Team, will also remain operational, while all long-term [...]

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