More online poker operators are set to exit Australia following new iGaming legislation. Partypoker, a leading online poker provider, has announced their exit on 31 August. Their exit will be one of many after new legislation was passed earlier this month. The AU government has yet to sign the Internet Gambling Amendment (IGA) bill into law, but many operators have chosen to leave.
The new IGA bill has made poker illegal in Australia, thanks to amendments to previous laws regarding gambling. At a stage, online poker operated in a grey area as it was not given a code by legislation. However, casino operators could still offer the game online, because it was not entirely illegal. In early August, officials held an enquiry to see if they would legalise poker. This was, it would seem, too little too late when Senate passed the bill shortly after.
Other Exits from Australia
Many casino operators have made a similar decision to partypoker by pulling out of Aussie gambling. In fact, other poker operators have already announced when their services will end. PokerStars said they would suspend operations on September 11th, while 32Red has already left the market. Part of their reason was the outlawing of online poker.
However, other amendments to gambling laws in Australia have also put a strain on all online casinos. As soon as the bill is signed into law, operators will need to apply for Australian licensing to continue offering their services. More so, operators will be subject to higher taxes and license fees under the new laws. The amendments are expected to crack down on illegal casinos, but at what cost to players?
Partypoker and Legislation
Another decision by partypoker included exiting another newly regulated market, the Czech Republic. Their laws came into effect in January, and the poker operator has since decided to pull their gambling services from the country. It would seem that, while it has been a landmark year for poker tournaments, online services are struggling under regulations.
In New Zealand, players can still enjoy a great gaming experience at any online casinos and poker rooms licensed overseas. For more poker and gambling news, visit us at NZ Casinos, we’ll keep you in the loop at the felt every step of the way.