Bodugi to sell B2C business following licence suspension
Bodugi Technology to focus on B2B operations as company discontinues its troubled social sports betting business
Bodugi Technology has taken the decision to terminate its entire B2C operation after the UK Gambling Commission suspended its operating licence, eGaming Review can confirm.
The UK regulator suspended the egaming company’s licence last week after receiving complaints customers were unable to withdraw funds and because Bodugi had failed to respond to the Commission’s requests to discuss its concerns.
Speaking with eGR, Bodugi Technology COO and co-founder, Michael Wilson, said the company was now communicating with the regulator regarding the current suspension of its pool betting and fixed-odds licence.
However, Bodugi has decided to end its B2C operations and is currently in talks with a number of partners regarding the sale of its real-money social sports betting site Bodugi.com and potential customer liabilities.
“Having internally reviewed the company’s various business streams, the decision has been made to discontinue the B2C business and focus purely on our B2B operation,” Michael Wilson, co-founder and COO of Bodugi Technology, said.
“We have a number of businesses who are interested in our current customers and we are in discussions with those companies [in] trying to find the customers a new home,” he added.
Bodugi Technology was founded in 2010 by Dave Nevison and Michael Wilson.
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