Pinnacle leaves Another European Market
Internet gaming operator, Pinnacle, has left another European market as a result of modifying its iGaming market.
It was confirmed early last week that the casino operator would not be accepting players from Slovenia anymore. This was valid from the 3rd of March 2017. More so, Slovenia might be implementing a new internet casino gambling law sometime this year.
The online casino software provider sent short emails to their players explaining that they will no longer be accepted due to regulatory reasons. However, Pinnacle is not the first casino software provider to be leaving this market. Early January, 888poker also left the European market.
Another huge industry player, PokerStars, also left Slovenia in 2016. Consequentially, it is important to note that as we said before, the iGaming laws are yet to be implemented. This means that provisions of all unlicensed operations are not explicitly prohibited I Slovenia as yet.
Slovenia is known to have been working on the new Online Casino gaming law for the past four years. It’s only last year, in 2016 when they informed European Commission that the new law has been drafted. More so, they mentioned that the law is expected to be effective anytime during the course of this year.
Pinnacle announced its exit in the Slovenian market about two weeks after announcing that they were also leaving Poland. The iGaming software provider gave the same reasons for leaving the Poland market. More so, Poland will be adapting new online casino gambling laws in the coming month.
Another market changing its gambling laws is Australia. Recent bills have reduced online slots bets and impacted certain provinces. Fortunately, New Zealand has no plans to make similar changes, so Kiwi gamblers can keep using their favourite international online casinos.
However, we are yet to know if there are more markets, globally, that are planning on changing their online casino gambling laws and how much it will affect the industry.