Betfred has announced the end of its online betting operations in the United States, bringing a close to the company’s six-year presence in the market. The announcement was published on the website of Wind Creek Bethlehem, Betfred’s land-based partner in the state of Pennsylvania.

“Wind Creek and Betfred will cease online sports betting operations in Pennsylvania as of July 31, 2025,” the statement reads.

Betfred also operates a retail sportsbook at Wind Creek, but it remains unclear whether this location will also be closed.

Pennsylvania was the last state where Betfred conducted online operations. The company previously operated in Iowa, Arizona, Colorado, Ohio, Maryland, and Virginia, and had a partnership with Silver Reef Casino Resort in Washington state. All of these ventures were shut down due to a lack of market share growth.

Key reasons for the withdrawal include a lack of long-term financial prospects and a high level of competition, which have also driven many British and European operators to exit the U.S. market. Super Group, the owner of the Betway and Spin Casino brands, announced its complete withdrawal from the American market just three years after being listed on the New York Stock Exchange.

Super Group CEO Neal Menashe stated that the decision was due to a rapidly changing regulatory environment that makes doing business difficult. In contrast, markets such as Europe and Africa offer more stability and better potential for long-term value growth.

Among other companies that have exited the U.S. market is Malta-based Tipico, which had offered online sports betting in New Jersey, Colorado, Iowa, and Ohio before selling its U.S. assets to LeoVegas.

Source