Following the recent approval of the Interactive Gambling Amendment Bill 2016, the Canadian-based operator announced its departure from the Australian market.
The operator informed that it would leave the local market in mid-September and assured players that their funds will be safe and can be withdrawn whenever they find fit.
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“ The company saidit will be watching the market closely forfuture opportunities to resume operations in the country.
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The new measures approved by the Australian Goverment include:
- Amending the law to make it clear it's illegal for overseas gambling companies to offer products to Australians unless they hold a license under State or Territory laws;
- Empowering the Australian Communications and Media Authority (ACMA) with new civil penalties, complementing existing Australian Federal Police criminal penalties powers and allowing ACMA to be responsible for the entire complaint handling process from receipt to enforcement; and
- Introducing other disruption measures to curb illegal offshore gambling activity, such as placing offending company directors on the Movement Alert List so any travel to Australia can be disrupted.