Hanzbet Makes a Comeback with BigBet in Brazil
Following a heated dispute with its previous license holder that led to its temporary shutdown, Hanzbet has now rebounded with a partnership with BigBet in the Brazilian betting market.
LISTEN TO THIS ARTICLE:Hanzbet's local license holder, EA Entretenimento e Esportes Ltda (EA), had recently announced that the betting platform would be ceasing operations in Brazil by the end of the month, following a disagreement with its founding management.
Following the announcement, several features like new registrations, deposits, and betting odds were suspended on the site, and customers were asked to withdraw their remaining balances before the closing date.
While it looked like that was the end of the road for Hanzbet in Brazil, the company announced on Monday that it had finalized a partnership agreement to merge with BigBet, a subsidiary of Big Brazil that oversees other brands like Apostar and Caesars Sportsbook.
According to the companies, the partnership will solidify their foothold in Brazil's regulated betting market and increase the variety of options available to bettors.
This merger represents more than a collaboration between the two companies – it's a firm step toward strengthening the Brazilian regulated betting market. We remain committed to compliance, responsible gaming and delivering a high-quality experience for everyone.
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What's Next for Hanzbet Users?
More information on the partnership's operational specifics is expected to be shared in an upcoming announcement. However, it is likely that Hanzbet's operations and customer base will be integrated into BigBet's existing structure. So, when a customer visits Hanzbet's website, it may likely redirect them to BigBet's platform.
Existing Hanzbet's users may also be able to use their accounts on BigBet without needing to re-register or change their login credentials.
We know the credibility HanzBet has earned within the iGaming industry, partners, affiliates and service providers. We have always conducted our actions with clarity, seriousness and loyalty. We will continue, now stronger than ever, alongside a great brand like BigBet.
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