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Betfred, a sports betting operation, has announced the closure of its operations in Iowa. This decision will impact all sports betting in the state, including the sportsbooks run by Betfred in various Iowa casinos such as Grand Falls Casino in Larchwood. As a response to the closure, Grand Falls Casino stated that they will rebrand their sportsbook to ensure that guests continue to receive the same great experience they are accustomed to.
The last day to register for a new account, deposit, or place a wager with Betfred is November 5, 2024. Withdrawals will be allowed until December 31, 2024. Betfred is currently working with regulators to determine a plan for settling wagers after the closure date.
All users are encouraged to withdraw their funds before the closure date, as any remaining balances will be issued via check within 30 days. It is important for users to take action promptly to ensure a smooth transition. More information can be found on the Dakota News Now website.
The closure of Betfred’s operations in Iowa marks a significant change in the sports betting landscape in the state. Grand Falls Casino and other affected establishments are working to minimize disruptions and continue providing a quality sports betting experience for their guests.
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Photo credit www.dakotanewsnow.com
