- Gaming Innovation Group is the latest to leave the Australian market
- Brands like Rizk Casino, SuperLenny, Thrills, and Guts no longer accepting players from Down Under
Gaming Innovation Group (GIG), the owner of the brands such as SuperLenny, Rizk, Guts, Thrills, and a few other well-known online casinos, is reportedly the latest group to say goodbye to the Australian market.
According to GIG Affiliates’ announcement, reported by Casino News Daily, as of today (May 15), casinos that are a part of the Group will no longer be available to players from Australia.
The trend continues
At this point, the GIG announcement hardly comes as a surprise. With this action, the company joins many other brands that have already said their farewells to the gaming market in Australia. The well-established Vera&John brand was among the first to pull out last year, which was soon followed by 888poker. 32Red was another big-name operator to leave the country’s market over the past few months.
Heading for the hills thanks to lawmakers
The reasons for so many brands leaving Australia reside with the fact Australian lawmakers are getting ready to enact significant changes to the Interactive Gambling Act of 2001, which is the effective law regulating online gambling in the country. Once these changes come into force, it will become officially illegal for unlicensed gambling and poker operators to offer their services to players Down Under.
In light of these pending changes, many big brands are making a decision to simply quit, rather than having to deal with fines, negative publicity, and general scrutiny that comes with operating in so-called ‘black markets’.
What makes everything even more complicated is the fact everyone’s in the dark about exact amendments that will be adopted by MPs, which makes online casino operators even more cautious moving forward. Many of them prefer to remove themselves entirely and wait for the law to become clear, at which point they’ll be able to accurately assess if it is possible and worth their while to apply for the local license.
The trend of big brands leaving the market in Australia could be set to continue.
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