Australian bookmaker BoomBet has confirmed it will be closing its betting operations, with customers advised to withdraw any remaining account balances and review outstanding bets as soon as possible.
The operator has begun winding down its platform, and affected customers notified that BoomBet will no longer be offering services from January 21st 2026. Customers have also been informed that their account will be closed after this date and will not be merged across to another betting platform.
Punters with active bets or remaining funds are encouraged to act promptly to avoid complications during the closure process. Account balances should be withdrawn prior to January 22nd 2026, while any unsettled bets will be managed according to BoomBet's terms and conditions.
Originally starting out as Sportsbetting.com.au way back in 1998, the BoomBet brand came into effect in 2021. BoomBet entered the Australian wagering market as a locally focused bookmaker offering competitive fixed-odds betting across popular sports and racing. Like many newer operators, it sought to attract customers through promotions, competitive odds and a streamlined online betting experience.
BoomBet built a small but loyal user base through it's willingness to set its own prices and take a bet. BoomBet were also one of the very first sportsbooks to introduce bet sharing through social media channels with their excellent BetShare product. They were able to punch above their weight against the big boys in a competitive Australian sports betting industry.
What Customers Should Do Now
BoomBet customers should prioritise the following steps:
- Withdraw all available account balances within the stated timeframe
- Review unsettled bets and check how they will be settled
- Save transaction records and account history for reference
- Monitor emails or platform notices from Boombet for final updates
As with any bookmaker closure, acting early helps reduce the risk of delays or disputes.
Looking for a New Betting Site?
Punters affected by the BoomBet shutdown may wish to compare some new Australian betting sites that offer reliable withdrawals, excellent markets and ongoing customer support.
Before You Bet regularly reviews and compares reputable sportsbooks operating legally in Australia, making it easier for bettors to find suitable alternatives based on betting preferences, available markets and current promotions.
As always, bettors should ensure they are wagering responsibly and only with operators licensed by Australian regulators.
Before You Bet will continue to update readers if further information becomes available regarding BoomBet’s closure.
