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888Poker Next to Exit Australia • This Week in Gambling
While PokerNews has been unable to confirm the exact reason for the timing of this from 888poker, it is believed to be due to the proposed amendment to the Interactive Gambling Act of 2001 that some expect to pass in Australia in the near future. If passed, the Interactive Gambling Amendment Bill 2016 mandates that online gaming operators offering services to Australian residents secure local licenses or face steep fines as high as A$6.75 million ($5.05 million). Unlike gaming regimes in other countries, individuals can also face heavy punishment if the bill is passed, with fines up to A$1.35 million...
This Week in Gambling