Betfred has acquired part of the customer database of insolvent MoPlay operator Addison Global. The company expects to return any open bets. Cash balances will also be honored by Betfred. Players will have to register for an account with Betfred to access the funds held in their MoPlay.
“We apologize that it has taken so long to achieve this result for you, but it was important to ensure that the operator who we came to an agreement with was highly reputable and met strict data protection and privacy standards,” MoPlay said in a statement.
A Betfred spokesperson told iGamingBusiness.com it would provide a statement at a later time.
On February 19, the Gibraltar Licensing Authority suspended Addison Global’s license because of an inability to honor its outstanding debts. The authority said Addison Global expected more financial support. The next day, the British Gambling Commission followed suit.
Addison Global owed significant sums to multiple partners, including €597,000 (US$645,000) to one. The company remains without a management team following mass resignations.
