{"id":53796,"date":"2023-12-04T19:48:43","date_gmt":"2023-12-04T19:48:43","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/?p=53796"},"modified":"2023-12-04T07:21:26","modified_gmt":"2023-12-04T07:21:26","slug":"premier-bet-terminates-agent-agreements-due-to-tough-economic-environment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment","title":{"rendered":"Premier Bet terminates agent agreements due to tough economic environment"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Premier Bet says Premier Bet Agents will stop selling bet tickets in Malawi this month as the company has terminated agent agreements due to deteriorating economic environment. The company has said this in a statement today. According to Premier Bet, it has not been making profits through sale of bet tickets.<\/p>\n<p>\u201cWe have decided to terminate our Premier Bet Agent agreement with all our agents in Malawi due to non-profitability, decreasing performance amid continuing surge in the competition, and the increasing costs of operation amid deteriorating economic environment,\u201d reads part of the statement.<\/p>\n<p>It adds that Premier Bet will cease all ticket sales through its agents in Malawi. The move will affect hundreds of young people who make money by working as Premier Bet Agents in various areas across the country. Others also work in shops where tickets are sold and games are played.<\/p>\n<p>Premier Bet is the latest company to mention that the current economic environment is affecting their business. Over the past months, companies have been raising prices of their products or services and making changes due to the operating environment under the Lazarus Chakwera administration.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Premier Bet says Premier Bet Agents will stop selling bet tickets in Malawi this month as the company has terminated agent agreements due to deteriorating economic environment. The company has said this in a statement today. According to Premier Bet, it has not been making profits through sale of bet tickets. \u201cWe [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":53794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,410],"tags":[233,371,306,234,3322],"class_list":["post-53796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-malawi","tag-lazarus-chakwera","tag-malawi","tag-premier-bet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Premier Bet terminates agent agreements due to tough economic environment - Malawi<\/title>\n<meta name=\"description\" content=\"Premier Bet says Premier Bet Agents will stop selling bet tickets in Malawi this month as the company has terminated age ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Premier Bet terminates agent agreements due to tough economic environment\" \/>\n<meta property=\"og:description\" content=\"Premier Bet says Premier Bet Agents will stop selling bet tickets in Malawi this month as the company has terminated age ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-04T19:48:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1701661762.855865.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Premier Bet terminates agent agreements due to tough economic environment\",\"datePublished\":\"2023-12-04T19:48:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\"},\"wordCount\":210,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1701661762.855865.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Lazarus Chakwera\",\"Malawi\",\"Premier Bet\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/premier-bet-terminates-agent-agreements-due-to-tough-economic-environment\",\"name\":\"Premier Bet terminates agent agreements due to tough economic environment - 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