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Pokerasiapacific.com halts real money activity.

AUSSIE POLITICAL UNCERTAINTY SCUPPERS ONLINE POKER OPERATOR
 
Pokerasiapacific.com halts real money activity.
 
Australasia-facing online poker operator Poker Asia Pacific.com has announced that it is halting real money activity due to political uncertainty and litigation.
 
Founded in August 2011 as a news site, the enterprise was acquired late 2015 by Plus EV Pty Ltd., a company owned by bookmaker, professional sports trader and poker player, Luke Brabin and began offering real-money poker action.
 
The operation has become well known in Australasia for its Aussie Millions and other major online poker events satellite support, and recently carried out its own seven-event live poker tour across Australia.
 
Over the weekend Poker Asia Pacific management announced that it was closing for an indefinite period "....until pending legal action regarding the Interactive Gambling Act is resolved."
 
The full announcement reads:
 
"Unfortunately, Poker Asia Pacific must suspend its services until pending legal action regarding the [Australian] Interactive Gambling Act is resolved.
 
"During this time, Poker Asia Pacific will be lobbying strongly to exclude online poker from the Interactive Gambling Act and resume its services without any legal implications.
 
"We are confident of obtaining a positive result given the current landscape of the online poker market and we want all Australian poker players to be able to play online in a clear, regulated and legal environment as part of the global player pool... but we are expecting to be off the air for 2-3 months.
 
"We are not seeking to exclude any parties from offering games to Australian poker players, we believe that through amending existing legislation we can ensure that all online poker operators both domestic and international will be able to offer the best product to Australian players in a regulated market and the Australian government will generate revenue through taxing and licensing the operators.
 
"Please find our petition for regulating the Australian online Poker industry here: https://www.change.org/p/help-us-regulate-online-poker-in-australia
 
"We apologise for the inconvenience this downtime will cause our players and you are welcome to withdraw your funds if you wish.
 
"If you are unable to login to request the withdrawal in 24-48 hours from now then please email info@pokerasiapacific.com with your request to withdraw your funds."

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Gambling News :

GVC In Content Deal With Microgaming’s Quickfire - Microgaming-powered Prima Networks Limited will supply over 50 new titles to GVC’s recently acquired bwin Casino, PartyCasino and Party Poker gaming sites within the coming weeks.

Opap in memorandum of understanding With Inspired - Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.

DeltaCorp To Acquire ace2three - Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month

More Australian POC Taxes - In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.

William Hill Exits Russia - "Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.

Pennsylvania Online Gambling Hearing Postponed till October - HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.

Two Mega Fortune Dreams Jackpots Hit - Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.

ASA Looking at Ladbrokes and Netbet ads - A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.

Betconstruct In Deal With Realistic Games - BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.

XLMedia Half 1 2016 Earnings Report - Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.

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