Playtech pulling TitanBet from Spain’s online gambling market

Online gambling technology supplier Playtech is pulling its TitanBet brand from Spain’s regulated market as of September 14.

Last week, online betting affiliate Legalbet reported that TitanBet.es had informed its customers that it would be closing as of September 14. No new customers will be allowed to register with the site and it will stop accepting new deposits from existing customers as of September 2.

The site has recommended that customers withdraw their account balances by September 14, although customers who fail to clean out their accounts by that date can still access their funds by contacting TitanBet’s customer service department.

TitanBet didn’t specify what prompted its decision to exit Spain’s regulated online gambling market. It appears to have been a fairly recent decision, as the site renewed its Spanish license in February for another five years. The site was among the first to be registered when Spain launched its regulated market nearly a decade ago.