In December 2018, sportsbook operator KulBet and online betting site 4YouBet closed down. The sites were operated by Altair Entertainment N.V., a company beneficially owned by the German sports betting on online gambling veteran Uwe LENHOFF. Besides KulBet and 4YouBet, the Cologne-based sportsbook operator Bet90 is one of LENHOFF’s other ventures and still online.
Reading through some forums, it turns out that some KulBet customers are still waiting for their refunds. The domain www.4YouBet.com refers to another betting site – 365bet.com operated by Hillside (Sports) ENC regulated in Malta. 4YouBet received many negative comments from clients in forums and was warned
Winslet Enterprises, another online gambling and casino venture owned by Uwe LENHOFF headquartered in Sofia, Bulgaria, also closed its website www.winslet.one down or perhaps never really launched it. Thus it seems as if the LENHOFF group of companies is about to vanish into the dark of the online universe leaving his public-listed VELTYCO without business.
It is not yet confirmed that the closing down of Altair
Bet 90 Sports and other companies part of VELTYCO GROUP might go under investigation soon to together with VELTYCO GROUP.. the chain might be longer…