Casino News: Lasseters online casino

Lasseters online casino

 October 5, 2008, 8:26 am (3 years ago)
The closure of Lasseters Online Casino this week has been confirmed by Australian newspaper "The Age" in its business section.
Reporting on the end of the online company following 9 years of managements, the report indicates that shares have been in hold for nearly one month after its A$15.5 million loss previous financial year, to make it possible for the company to request a capital inoculation from its mother company, Lasseters International.

In the outcome, the inspectors stated that there was "inherent uncertainty regarding continuation as a going concern".

With Lasseters International still haven’t to make a decision whether to provide additional money, the listed Lasseters Corporation stated it was not taking bets anymore on its 3 casino sites, Lasseters Online, AusVegas and Lasseters Euro.
Lasseters took its last online casino bets this week.

The company has up to that time suffered from the influence of the Unlawful Internet Gambling Enforcement Act, a 2006 law in the US that disturbs financial transactions with online gambling companies and has triggered major industry harm.

The only online Lasseters section still running is the online sports betting operation, Lasseters Sportsbook.

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