888Poker leaves the Australian gambling market

Representatives of 888Poker have officially announced their intentions to leave the Australian gambling market due to the new gambling legislation in the country. The company is going to fold operations from the 16th of January 2017. Players are advised to get back their applications for tournaments which will be held after folding operations of the company. Also, all users can feel free to withdraw their deposits from the website to their accounts.

The reason for this decision was the amendment to the gambling law enacted in 2016 which requires the possession of the Australian license for operations on the gambling market. In the case of violation of the law, the fine sanctions will be applied. It will be up to AUD 1.35 million (USD 1 million) for a player, and up to AUD 6.75 million (USD 5.05 million) for a gambling operator.

888Poker is the second largest video poker network in the world and the second most popular video poker brand.

Source: https://allgambling.quora.com/888Poker-leaves-the-Australian-gambling-market

France expands the possibilities to play the online poker

 The draft of a law that provides the expansion of the online poker and other gambles was submitted to the President of France Francois Hollande for signature.

The new bill aimed at regulating the digital gambling industry and possibility of expanding the online gambling segment.

If earlier French citizens can play poker with each other or with country visitors exceptionally, then they will have the opportunity to visit licensed casinos where the clients are residents of other European countries. In addition, the bill provides the transfer of the authority of the eSports regulation to the governmental bodies.

Experts predict that this solution will allow increasing the income and, as a consequence, the state budget of France through the services of licensed operators provided to players from other countries.

The signing of the bill is expected within the closest 15 days.

As a reminder, the amendment to the law on online gambling, that foresees the possibility of association of the French online poker market with markets of other EU countries, was approved by the Senate in May. The signing of this document by the President will validate the legal value of the law.

Source: https://medium.com/@joannagessler/france-expands-the-possibilities-to-play-the-online-poker-8fcfba408c25#.ld2i8hs5q