Tag: exit
888Poker Next to Exit Australia
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…
666Bet Officially Out of UK
The UK Gambling Commission (UKGC) has confirmed that 666Bet is to cease operations in the UK market after it was revealed that parent company Metro Play is to be wound up. As reported by iGaming Business, 666Bet has not been operational in the UK since March when both the online gaming operator and Metro Play had their licences suspended by the UKGC . Customers were unable to access their accounts and withdraw funds, although payment processor Skrill was later drafted in to assist with the withdrawal process. The amounts owed to customers ranged from smaller figures up to the thousands….