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PokerStars’ Days Numbered in Australia?
- Updated: November 17, 2016
Updated gambling laws may force the world’s largest online poker operator out of the Australian market, radically altering the online gaming landscape Down Under, Poker Industry Pro reported ($).
Australia has up until now operated as something of a “gray market” for operators, neither expressly illegal nor legal, but new legislation may change that. Last week, an amendment was introduced ($) in the Australian parliament to the Interactive Gambling Act of 2011 that would essentially crackdown on unlicensed gaming, Pro reported.
“The government is committed to taking tougher action against illegal offshore wagering providers and this bill does exactly that,” an Australian official said.
PokerStars seems to be leaning toward pulling out of the market, which has a population of about 24 million, if the legislation does go through.
“In Australia, we currently offer poker and are reviewing the applicability of proposed legislation to player-vs-player games of skill,” Amaya CFO …
