Betway exits Brazilian market! Who betted here from BR?

[bamberfishcake]

On its official platform, the betting operator announced it will cease operations in Brazil next Wednesday. Deposits are already suspended, and Betway will return remaining funds to players. They also urged users to withdraw their funds to avoid delays. What's going on here? Who used it from BR? Where do you switch? That's so sad..

 

[CiViP]

been seeing this pattern in several markets lately. bet they're clearing out before new regs hit

 

[DouglasS]

As someone in compliance:
-BR regulations tightening
-Licensing costs skyrocketing
-Payment processing issues
-Enhanced verification requirements
Not surprising but rough for players

 

[GRita]

tracked similar exits across markets:

• Brazil - Multiple operators
• Turkey - Mass exodus 2023
• Netherlands - Pre-regulation

Pattern always same = leave before enforcement

 

[p@yd@y]

any word on withdrawal timeline? got stack stuck there

 

[BillThornes]

any word on withdrawal timeline? got stack stuck there

@p@yd@y announcement says end of month but who knows

 

[JaJaRed]

same stuff happened in NL - took almost 3 weeks to get funds back

 

[s@pphire]

any word on withdrawal timeline? got stack stuck there

@p@yd@y just got mail asking for extra docs on withdrawals over 1k

 

[He1en]

submitting same verification docs third time now

 

[cihea_baraya]

anyone tried crypto withdrawal route? might be faster

 

[Thomas.com]

Exit strategy analysis:

• Doc review: 5-7 days
• Processing: 7-14 days
• Payment: 3-5 days

Based on previous markets

 

[LoneCo]

support still accepting deposits through some methods. proper sketchy

 

[raw.p]

update: docs approved but now "technical delay"

 

[j@[email protected]]

just got mine... to wrong wallet

 

[bamberfishcake]

day 3 of "processing" - still nothing

 

[slotfrog]

k

 

[hopes]

typical exit playbook:

• Announce deadline
• Request extra docs
• "Technical issues"
• Ghost support

Seen this before

 

[DagaW]

update: docs approved but now "technical delay"

which withdrawal method you using? bank transfer slow af

 

[NON404]

Analyzing previous exits:

1. Average wait: 32 days
2. Success rate: 85%
3. Common issues:

• Endless verification
• Processing delays
• Support disappearing

Data from last 4 market exits

 

[Rit@_713]

anyone got alternatives for BR players?