..

PokerStars to Pull Out of Australia Market August 1

Written by:
C Costigan
Published on:
Jun/12/2011
PokerStars to Pull Out of Australia Market

Quadjacks.com is reporting that the world’s largest online poker room, PokerStars, is to pull out of the Australian market August 1 amidst legal concerns brewing in that country.  This move would follow PokerStars exit from the US market following an indictment on April 15 against the company and two of its executives.

From Quadjacks.com:

We just got news that PokerStars will be pulling out of the whole Australian market as of August 1st 2011, the news broke from Chris Levick (@PokerDomeAA) on his twitter which looked like this,,,,,,

In a stunning announcement Poker Stars has withdrawn from the Australian market from August 1st. Devestating news.

It looks like PokerStars has insight that one of their subsidiaries (GP Information Services) based in Erina Heights which is in a suburb of Gosford in New South Wales, has been under the radar by the Australian authorities. GP according to the Australian Securities and Investments Commission is owned by Oldford Group which is one of the business entities involved in black friday. GP Information Services provides marketing services for Pokerstars for the Australian market, which under the current law they are unable to market to Aussie players directly, this is from the 2001 IGA law.

Gambling911.com’s own Greg Tingle has been covering these developments from Australia and we will bring more as news becomes available.

- Chris Costigan, Gambling911.com Publisher

Advertisement;  888Poker.com does not accept customers from the US at this time.

online poker tournaments

If you want to try online poker, play at 888poker today!

Gambling News

BarStool Sports Enters Sports Betting Market

BarStool Sports Enters Sports Betting Market...Sort Of

The popular media outlet Barstool Sports has entered the sports betting market via its new extended brand BarstoolBets.  The model is mostly reliant on contest prizes.

The Incredible Rise of the eSports Industry in 2019

The biggest dream of every gamer out there is to become a professional player and make a decent living out of their love for gaming.

Gambling and Sports Betting News Wire - September 19, 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday September 19, 2019.

Watch How Fox News Coverage of the Sean Creighton Case Turns Into Rebuke of Dems

Fox News is the latest mainstream media outlets to cover the Sean Creighton case.  He was the founder of Costa Rica-based sportsbook 5Dimes whose remains were discovered last week nearly a year after he was reportedly kidnapped.

DC Gambling Contract Said to Be Fine Despite Legal Concerns

DC Gambling Contract Said to Be Fine Despite Legal Concerns

The District of Columbia's attorney general is looking into the legality of a $215 million sports gambling contract that was awarded without competitive bidding and approved by the city council.

Syndicate