May 31, 2020

Mystery Abounds as 138.com Shuts operations; M88 leaves Malaysian, Cambodian Market

Mystery abounds as online gambling operator 138.com shuts down for unknown reasons. Another operator, Mansion88, also exited Malaysia and Cambodia. 
 
At the beginning of this month, several Asian affiliates started reported that 138Bet/138.com would shut down operations. The operator, in a statement, assured customers that they would be allowed to withdraw funds from their user accounts, and also informed suppliers that they would cease their cooperation. 
 
Reasons for 138.com’s rushed exit are not clear. Some gambling affiliates stated that the website would be closed temporarily because their supports based in the Philippines were offline due to lockdown in the country. However, this seems highly unlikely, considering that 138.com has gone offline completely. 
 
Supplementary sources think otherwise, claiming that the reason the site went offline is that its parent company, Suncity Group, is under immense pressure from key stakeholders, who want the company to disassociate with online operators completely. In other news, M88 is scheduled to withdraw its services from Malaysia and Cambodia from the 31st of May. Its customers were notified that the company would discontinue all its promotions starting on the 25th of May. However, they will be allowed to continue gambling with whatever balance is in their accounts. Those wanting to withdraw should do so by the 31st of May. 
 
The company claimed that Malaysia and Cambodia are small markets, compared to Vietnam, China, and Thailand. However, quick research has shown that the company has been recruiting gamblers, propagating the notion that it is the most popular operator in both countries.

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