One of the leading gambling brands, 32Red, will be leaving the online gambling platform in Australia. All the affiliates have been informed by the company to stop promoting all 32Red brands in the nation. The brand will not accept new players from the country after 3rd April, 2017. 32Red has become a part of the Kindred Group – a Swedish gambling brand, recently.
Operators are being forced to quit by new gambling regulations
A number of gambling brands are likely to leave Australia after the new regulations are incorporated. 32Red is probably the first reputed online gambling brand that will pull out of Australia. Others may follow suit in the near future. 888poker and Vera&John Casino announced that they were going to leave the country, when it was made clear that amendments that were suggested to the existing law would be accepted and put into action.
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It is presently uncertain when the amendments will become functional. However, when they become active, the offshore operators in Australia would be operating against the norms prescribed by this law. This could mean that all reputed names and brands that strive hard to avoid black market operators will have to quit doing business in Australia in order to stay away from legal hassles and preserve their reputation.
The licensing process lacks clarity
Minister Alan Tudge has proposed certain amendments that will ban the unlicensed online poker and casino gaming operators. However, the Australian game laws do not provide any clear instruction on the methodology to be followed by the operators to apply and obtain licenses.
As the licensing procedure is unclear, the operators will find it impossible to carry out business while adhering to the law. They will have to operate illegally or quit the market. Most reputed companies may prefer to leave the market, as stated earlier.
Online poker is likely to suffer most as Australians love this game. 888poker has already left and PokerStars are set to leave once the new amendments are enforced. If this were to happen, online poker players in Australia will be left with extremely limited options.