Partypoker exits Australian gambling market following reforms

PartypokerannouncesAustralianexit

August23,201710:44am。

bySarahOBrien

GamblingoperatorsuncomfortablewiththenewindustryreformsinAustraliaarecontinuingtoexit,withPartypokerthelatesttojointhelist。

TheonlinepokeroperatorannounceditwouldbeexitingtheAustralianmarketonTuesdayviaablogpostonitssite。

“IthasbeenannouncedthatAustraliangamblinglawisduetochangeimminentlywiththeintroductionoftheInteractiveGamblingAmendmentAct,”theblogpostreads。

TheblogpostexplainsthatthepopularpokersitewillbeblockingAustraliansfromAugust31,2017。

Playershavebeenadvisedtowithdrawanyfundsfromtheiraccount。

Playerscancontactthecustomersupportteamformoreinformationviaemail,phoneorlivechat。

PartypokerManagingDirector,TomWaters,mirroredothergamblingdirector’ssentimentsinastatementreleasedviatheblog。

“WeregretthatthisdayhascomeasAustraliaisastrongpokermarket,”hesaid。

“WewillcontinuetoworkwiththeAustralianplayeralliancetolobbythegovernmenttoprovideasaferegulatedenvironmentforresidentstoplayonlinepokerinthefuture。



Partypokerambassadorandprofessionalpokerplayer,JackieGlazier,tooktosocialmediatoexpressherdisappointmentoverthecompanysexit。

ReputableoffshoregamblingoperatorshavebeenforcedtoleaveduetotheInteractiveGamblingBill2016,whichprohibitsunlicensedoperatorsinAustralia。

OffshoreonlinegamblingoperatorscannotlegallygainalicenceundertheInteractiveGamblingAct2001whichleavesthemwiththechoicetoeitheroperateinablackmarketorexit。

PokerStarsrecentlyannounceditsdepartureafterthenewreformsreceivedAssent。

Althoughitcantofferrealmoneygamesandtournaments,thereareplansforfreeplayoptions。

Theprominentpokersitefollowed888Poker,32RedandVeraJohn,amongothertrustworthygamblingoperators。

Althoughthereisthethreatofdirectorsbeingputonamovementalertlistandthepossibilityofbeingblockedfromapplyingforalicenceifthegovernmenteverdoesregulatetheindustry,operatorscouldstilloperateinAustralia。

ButthiswouldendangertheirlicencesinotheradvancedgamingjurisdictionsliketheUK,whichisoneofthebiggestregulatedmarketsintheworld。

ThethreatoflosingtheirUKGamblingCommissionlicenceandinturnahugecustomerbaseisenoughfortheseoperatorstopullout。

PokeroperatorshaveremainedintheAustralianmarketupuntiltheverylastminuteduetothepossibilityofaregulatedindustry,followinganonlinepokerinquiry。

LaunchedbySenatorDavidLeyonhjelm,whofoughttoexcludeonlinepokerandblackjackfromthebillduringtheSenatedebate,theinquirysawahugeturnoutforaregulatedindustryincludinganalysts,professionalpokerplayers,andeverydayAustralians。