Strategic Review of 188BET

The site undergoes internal restructuring

The industry has been abuzz this week that the online gambling site, owned by Douglas-based Cube Limited, is about to embark on a cutback program.

In a comment on the allegations, the company which sponsors Bolton Wanderers and Wigan Athletic Football Clubs and holds the title of official betting partner to Chelsea, Liverpool and other association clubs, issued the following statement: "188BET is currently undergoing a strategic review of each area of its global activity as part of an internal restructuring of the business.

"Having established itself as a leading brand in the global gaming market through innovative partnerships with a number of Premier League Football clubs, 188BET is now considering how best to deploy the company's resources for the next phase of the brand's growth.

"The review is expected to be concluded within the next month."

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