PalaceBet Closes - What You Need To Know

PalaceBet has announced a significant change that affects all of its users: Peermont, the parent company, has made the executive decision to shut down PalaceBet’s online sports betting and live games operations. This marks the end of the journey for what has been a go-to platform for many bettors. What does this mean for Palacebet players, well you’ll need to make a withdrawal before the 29th April 2024, more on what to do below.

Final Call for Bets and Withdrawals

Closure Dates: The shutdown process begins promptly. No new registrations or deposits will be accepted after midnight on April 16, 2024. Players with funds in their accounts can continue to bet or withdraw their money until April 29, 2024. It’s imperative for players to ensure that their FICA documentation is updated to facilitate smooth and swift transfers.

Sports Betting: All unresolved sports bets after the closure date will be nullified, and the wagered funds will be returned to the players. This ensures that no user is left at a disadvantage due to the platform’s closure.

Withdraw Your Funds: Don’t Delay!

Players are strongly encouraged to withdraw any remaining funds in their PalaceBet accounts before betting is disabled. Ensuring your FICA documents are current will aid in a speedy transfer process. Any funds that are still in your Palacebet account will potentially be lost after 29 April 2024.

Need Assistance? Here’s How to Get Support

PalaceBet’s support team is on standby to help you through this transition. You can direct all inquiries to support@palacebet.co.za. Starting April 17, 2024, support hours will be from 09:00 to 18:00 daily, ensuring that you have access to help when you need it.

A Heartfelt Goodbye

PalaceBet extends a warm thank you to all its players for their loyalty and patronage. The platform’s closure is a significant change, but the focus remains on ensuring a seamless process for all involved as they bid their customers a grateful farewell.

In Conclusion

The closure of PalaceBet signifies the end of an era in online gaming for Peermont’s venture. As players, it’s essential to take prompt action to withdraw funds and resolve any remaining queries. PalaceBet’s commitment to providing a smooth transition underscores its dedication to customer care, even in the final stages of operation. If you no longer have a betting account due to the closure, then check out our list of South African betting sites so you can find a new one.

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