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Online Casino Closing Too

Lasseters is in a bit of a pickle lately if the state of their gambling sites are any indication. Just last month the online casino gambling industry was taken by surprise with the announcement that Lasseter’s Australia facing Aus Vegas site was closing down. Now, with little previous notice it seems that Lasseters may no longer plan to operate online casinos. Lasseters has publically acknowledged that the company is going through a tough time staying afloat as the global economy begins to slow down and even the European internet gambling industry is feeling the effects of the economy. But at the same time, few in the industry predicted that Lasseters would fail this quickly and certainly not the Lasseters Online Casino site.

Both of Lassters’ internet gambling brands are shutting down in the Australian gambling market according to an email sent by a top executive at the company. And even more shocking for the online casino gambling industry is perhaps the speed of these closures. Executive Brian Gordon released the news to the media and the necessary outlets and noted that the shutting down of the internet gambling site was effective immediately.

Part of the problem for Lasseters was the loss of the US online casino gambling market. With the closure of the US market many internet gambling companies were left struggling to find a substantial market share in emerging markets. The press release noted that the online gambling site stopped accepting players as of 2:45 pm (ACST) this past year.