LeoVegas to leave Australia
The online casino operator will follow the trend that started after the Gambling Amendment Bill 2016 was passed.
Australia.- LeoVegas revealed that it will officially exit the Australian market later this month, after Governor-General Peter Cosgrove approved the Interactive Gambling Amendment Bill 2016, which paves the way to implement a new iGaming legislation with more impediments.
LeoVegas is following companies like PokerStars and PartyPoker, which have recently announced that they would be leaving in the upcoming weeks due to the new regulations. As Casino Guardian revealed, the company informed its affiliates that services will stop being provided to local Australian customers because of the new implementations. The casino website will no longer be available on September 10. Moreover, the company told its affiliates to stop any affiliate activity related to the local market, as it would violate the affiliate Partner Terms and Conditions.
PokerStars said that the market will be monitored in order to catch future opportunities to return if Australia legally allows companies to offer online services again. The bill establishes that “prohibited services under the IGA include online casino-style gaming services of chance or mixed skill and chance, such as blackjack, roulette and poker, which are played for money or anything else of value. Wagering and lotteries are permitted under limited circumstances.”
