PokerStars pulling out of Australia August 1st?

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  • shari91
    BARRELED IN @ SBR!
    • 02-23-10
    • 32661

    #1
    PokerStars pulling out of Australia August 1st?
    From an article on Quad Jacks


    In a stunning announcement Poker Stars has withdrawn from the Australian market from August 1st. Devastating news.

    It looks like PokerStars has insight that one of their subsidiaries (GP Information Services) based in Erina Heights which is in a suburb of Gosford in New South Wales, has been under the radar by the Australian authorities. GP according to the Australian Securities and Investments Commission is owned by Oldford Group which is one of the business entities involved in black friday. GP Information Services provides marketing services for Pokerstars for the Australian market, which under the current law they are unable to market to Aussie players directly, this is from the 2001 IGA law.
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