PokerStars To Exit Australian Online Poker Market By Mid September
PokerStars has announced that they will be exiting Australia by mid-September this year. This follows the new Interactive Gambling Amendment Bill passing through parliament on August 09,
The bill bans all internet gaming sites that are not licensed in Australia from operating. The only form of online gambling allowed is that of sports betting of which PokerStars does not hold a licence. The exact exit date of PokerStars in not certain and depends on the date at which the law comes into effect, The exit of PokerStars follows other major operators like Vera & John who left Australia in along with 888poker.
PokerStars released a statement in which they said,” The Australian parliament on August 9 passed the Interactive Gambling Amendment Bill (2016) effectively banning all online gambling sites that are not locally licensed under Australian State or Territory law. We’ve been aware of this day coming and have done our best to keep you informed, but we can confirm that we’ll be closing our real money poker tables to players in Australia, most likely around mid-September. We will contact you as soon as a firm date is confirmed.”
The statement went on to say that PokerStars respect the Australian Governments; decision in taking steps to protect the consumer and hope that in the near future they will be able to offer poker again. Free play money version poker will be still available and PokerStars said they welcome many Australian players to their tables.