Sunday 25. December, 2016

Vera&John Closes its Doors on its Aussie Players

Popular online casino Vera&John has announced their decision to withdraw from the Australian gaming market, closing the accounts of all their Australian players within the coming week.

While Vera&John said that the decision to close its doors on their Australian customers was “a business decision,” the announcement comes shortly after the Australian government announced plans to crack down on offshore operators offering services to Australian players. These changes are part of the recommendations made by the federal government review, led by Barry O’Farrell, into online gambling in the company.

Vera&John informed its players of the changes via email this week with the following message: “We’re always sorry to say goodbye, but the time has come. Due to a business decision, Vera&John will no longer be able to offer its services in your jurisdiction. Your account will officially be closed in one week. As of today, you will no longer be able to make deposits to your Vera&John account.”

The email advised players that they would be able to transfer any funds that are still in their account to their preferred payment provider over the course of the coming week, before the accounts are closed.

The operator is unlikely to be the last to leave Australia due to the changes in gambling laws, especially considering that just last month in its Q3 review, Amaya Gaming’s chief financial officer Daniel Sebag announced that their PokerStars brand may be forced to pull out of the Australian market, which accounts for 2.5 percent of its total gaming revenue.

The recent changes to gambling laws in Australia will specifically ban online poker and online casino sites that are not licensed in Australia from offering services to Australian players.

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