{"id":44998,"date":"2024-08-30T14:11:27","date_gmt":"2024-08-30T14:11:27","guid":{"rendered":"https:\/\/casinoapps.com\/?p=44998"},"modified":"2024-08-30T14:11:27","modified_gmt":"2024-08-30T14:11:27","slug":"bluebet-departs-from-us-sports-betting-market","status":"publish","type":"post","link":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/","title":{"rendered":"BlueBet Departs From US Sports Betting Market"},"content":{"rendered":"

BlueBet is an Australian sportsbook operator that offers its market in the United States. Recently, the gaming company decided to withdraw its operations in the U.S. as part of a strategic review. Additionally, BlueBet announced two months ago that they were leaving to leave Indiana. At that time, BlueBet noted they would still be doing business in Colorado, Iowa, and Louisiana. However, the strategic review was still ongoing and the company felt that leaving the U.S. market completely was the right move. Now, BlueBet can focus on its Australian business which is thriving. In April, BlueBet acquired their Aussie rival Betr. They were able to combine the buyer’s technology stack with their strong customer base. A statement from BlueBet had this to say about the company shifting its focus back to Australia. <\/span><\/p>\n

“The company\u2019s stated objective is to exceed 10% market share in the short- to mid-term through a combination of organic and inorganic growth,\u201d according to a statement. \u201cIt is confident its expertise in building and scaling Australian wagering operators and ongoing investment in technology will deliver outstanding experiences for customers and create value for shareholders.\u201d <\/span><\/p>\n

BlueBet will save money by parting with the U.S. sports betting market <\/b><\/h2>\n

The United States sports betting market is one of the most popular in the world. At the same time, it\u2019s an extremely tough and expensive market to operate in. High costs weigh heavily on smaller sportsbooks like BlueBet. Investors said that BlueBet can save $4.07 million to $5.42 million annually just by leaving the U.S. market. BlueBet experienced slower regulation than they expected in the U.S. and that hurt the <\/span>business-to-business Sportsbook-as-a-Solution (SaaS). While BlueBet did not specifically mention any sportsbooks, there\u2019s no doubt industry leaders like FanDuel and DraftKings were driving factors for BlueBet to leave.\u00a0<\/span><\/p>\n

Smaller sportsbooks cannot exist and be profitable in the U.S. market. BlueBet is not the only company to deal with that problem in 2024. Just two weeks ago, Betfred announced they\u2019re considering exiting the U.S. market as well. Other sportsbooks that have left the U.S. scene are Fubo Sportsbook, FOX Bet, MaximBET, PointsBet US, Tipico, and WynnBET. Additionally, Betway\u2019s parent company Super Group announced they are leaving the U.S. sports betting market. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

BlueBet is an Australian sportsbook operator that offers its market in the United States. Recently, the gaming company decided to withdraw its operations in the U.S. as part of a strategic review. Additionally, BlueBet announced two months ago that they were leaving to leave Indiana. At that time, BlueBet noted they would still be doing … <\/p>\n","protected":false},"author":257,"featured_media":44999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1774],"tags":[],"class_list":["post-44998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-industry-news"],"acf":[],"yoast_head":"\nBlueBet Departs From US Sports Betting Market<\/title>\n<meta name=\"description\" content=\"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlueBet Departs From US Sports Betting Market\" \/>\n<meta property=\"og:description\" content=\"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Latest Casino Apps & Other Apps News - Casinoapps.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-30T14:11:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"820\" \/>\n\t<meta property=\"og:image:height\" content=\"547\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"zachwolpin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"zachwolpin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\"},\"author\":{\"name\":\"zachwolpin\",\"@id\":\"https:\/\/casinoapps.com\/#\/schema\/person\/18dfeb1161befdfc5771ef45f4eb3aa9\"},\"headline\":\"BlueBet Departs From US Sports Betting Market\",\"datePublished\":\"2024-08-30T14:11:27+00:00\",\"dateModified\":\"2024-08-30T14:11:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\"},\"wordCount\":386,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/casinoapps.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg\",\"articleSection\":[\"US Industry News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/casinoapps.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\",\"url\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\",\"name\":\"BlueBet Departs From US Sports Betting Market\",\"isPartOf\":{\"@id\":\"https:\/\/casinoapps.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg\",\"datePublished\":\"2024-08-30T14:11:27+00:00\",\"dateModified\":\"2024-08-30T14:11:27+00:00\",\"description\":\"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.\",\"breadcrumb\":{\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage\",\"url\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg\",\"contentUrl\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg\",\"width\":820,\"height\":547,\"caption\":\"BlueBet pic\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/casinoapps.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlueBet Departs From US Sports Betting Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/casinoapps.com\/#website\",\"url\":\"https:\/\/casinoapps.com\/\",\"name\":\"Latest Casino Apps & Other Apps News - Casinoapps.com\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/casinoapps.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/casinoapps.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/casinoapps.com\/#organization\",\"name\":\"Latest Casino Apps & Other Apps News - Casinoapps.com\",\"url\":\"https:\/\/casinoapps.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/casinoapps.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/OnDark.svg\",\"contentUrl\":\"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/OnDark.svg\",\"width\":204,\"height\":40,\"caption\":\"Latest Casino Apps & Other Apps News - Casinoapps.com\"},\"image\":{\"@id\":\"https:\/\/casinoapps.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/casinoapps.com\/#\/schema\/person\/18dfeb1161befdfc5771ef45f4eb3aa9\",\"name\":\"zachwolpin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/casinoapps.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/546abd4aa56d2a78cf4a40f90e5b9f7e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/546abd4aa56d2a78cf4a40f90e5b9f7e?s=96&d=mm&r=g\",\"caption\":\"zachwolpin\"},\"url\":\"https:\/\/casinoapps.com\/author\/zachwolpin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BlueBet Departs From US Sports Betting Market","description":"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/","og_locale":"en_GB","og_type":"article","og_title":"BlueBet Departs From US Sports Betting Market","og_description":"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.","og_url":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/","og_site_name":"Latest Casino Apps & Other Apps News - Casinoapps.com","article_published_time":"2024-08-30T14:11:27+00:00","og_image":[{"width":820,"height":547,"url":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg","type":"image\/jpeg"}],"author":"zachwolpin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"zachwolpin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#article","isPartOf":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/"},"author":{"name":"zachwolpin","@id":"https:\/\/casinoapps.com\/#\/schema\/person\/18dfeb1161befdfc5771ef45f4eb3aa9"},"headline":"BlueBet Departs From US Sports Betting Market","datePublished":"2024-08-30T14:11:27+00:00","dateModified":"2024-08-30T14:11:27+00:00","mainEntityOfPage":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/"},"wordCount":386,"commentCount":0,"publisher":{"@id":"https:\/\/casinoapps.com\/#organization"},"image":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage"},"thumbnailUrl":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg","articleSection":["US Industry News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/casinoapps.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/","url":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/","name":"BlueBet Departs From US Sports Betting Market","isPartOf":{"@id":"https:\/\/casinoapps.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage"},"image":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage"},"thumbnailUrl":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg","datePublished":"2024-08-30T14:11:27+00:00","dateModified":"2024-08-30T14:11:27+00:00","description":"Australian sportsbook BlueBet decided to withdraw its operations in the United States as part of a strategic review.","breadcrumb":{"@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#primaryimage","url":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg","contentUrl":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/BlueBet-pic.jpg","width":820,"height":547,"caption":"BlueBet pic"},{"@type":"BreadcrumbList","@id":"https:\/\/casinoapps.com\/2024\/08\/30\/bluebet-departs-from-us-sports-betting-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/casinoapps.com\/"},{"@type":"ListItem","position":2,"name":"BlueBet Departs From US Sports Betting Market"}]},{"@type":"WebSite","@id":"https:\/\/casinoapps.com\/#website","url":"https:\/\/casinoapps.com\/","name":"Latest Casino Apps & Other Apps News - Casinoapps.com","description":"","publisher":{"@id":"https:\/\/casinoapps.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/casinoapps.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/casinoapps.com\/#organization","name":"Latest Casino Apps & Other Apps News - Casinoapps.com","url":"https:\/\/casinoapps.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/casinoapps.com\/#\/schema\/logo\/image\/","url":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/OnDark.svg","contentUrl":"https:\/\/casinoapps.com\/wp-content\/uploads\/2024\/08\/OnDark.svg","width":204,"height":40,"caption":"Latest Casino Apps & Other Apps News - Casinoapps.com"},"image":{"@id":"https:\/\/casinoapps.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/casinoapps.com\/#\/schema\/person\/18dfeb1161befdfc5771ef45f4eb3aa9","name":"zachwolpin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/casinoapps.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/546abd4aa56d2a78cf4a40f90e5b9f7e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/546abd4aa56d2a78cf4a40f90e5b9f7e?s=96&d=mm&r=g","caption":"zachwolpin"},"url":"https:\/\/casinoapps.com\/author\/zachwolpin\/"}]}},"_links":{"self":[{"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/posts\/44998"}],"collection":[{"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/users\/257"}],"replies":[{"embeddable":true,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/comments?post=44998"}],"version-history":[{"count":1,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/posts\/44998\/revisions"}],"predecessor-version":[{"id":45000,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/posts\/44998\/revisions\/45000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/media\/44999"}],"wp:attachment":[{"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/media?parent=44998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/categories?post=44998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casinoapps.com\/wp-json\/wp\/v2\/tags?post=44998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}