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Online Casino Sites shut down
October 6, 2008, 10:23 am (3 years ago)An addition to last month's statement by Lasseters Corporation that it was shutting down its AusVegas online casino on October 13th, the company's Board of Directors have currently made a decision to end all online casino managements, such as its flagship Lasseters online casino brand, effective right away.
In an announcement posted on the company's casino websites on Friday, Lasseters' Directors stated they decided to end all online casino managements because of the company's incapability to compete and keep its market share through the end of the US market in October 2006.
The company’s online casinos have experienced constant losses because of the shutting down of the US market and have confronted several restraints causing the company’s online casinos to keep its competitive capabilities, in spite of constant backup from the mother company throughout the last 2 years.
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