Betfred Goes Dark in the US

The Final Exit from Pennsylvania

The company has already stopped accepting new online wagers in Pennsylvania. Existing bets will be honored, and any wagers settled after the shutdown date will be paid out via mailed checks.

Betfred had partnered with the Wind Creek Bethlehem casino for its Pennsylvania operations, but it remains unclear if the company will continue to manage the property’s retail sportsbook.

Betfred’s exit from Pennsylvania is the final step in a long and calculated retreat. The company consistently failed to gain meaningful market share in any of its operational states, leading to a series of closures over the past year.

A Pattern of State-by-State Closures

Before the Pennsylvania announcement, Betfred had already ceased online operations in Arizona, Colorado, Iowa, Maryland, Ohio, and Virginia. It also shut down its retail sportsbook at the Silver Reef Casino Resort in Washington at the end of last year.

The company entered 2025 with only two remaining US markets: Nevada and Pennsylvania. It shut down its Nevada operations before the end of January, leaving the Keystone State as its last stand in the crowded US online betting landscape.

Betfred is the latest in a growing line of European gambling giants to abandon the US online market. The move follows similar exits by Super Group (owner of the Betway brand), Tipico, and 888 Holdings (co-owner of SI Sportsbook and Casino).

These departures highlight the brutal reality of the US market: a long and expensive path to profitability, coupled with intense competition from a few dominant players. Super Group cited high regulatory costs and a difficult road to profitability when it announced its withdrawal. 888 Holdings agreed to a $50 million termination fee to exit its partnership and leave the US.