Amaya: Australia Withdrawal is On the Cards Amaya: Australia Withdrawal is On the Cards
Marko Mikkonen, Creative Commons Attribution 2.0 License
Key Takeaways
  • PokerStars parent company Amaya has confirmed that if current proposed amendments to the online gambling law are passed, blocking Australian online poker players from their service is likely.
  • PokerStars currently does not offer its online sports book BetStars or its growing casino business in Australia, only online poker.
  • The market currently contributes 2.5% to Amaya’s revenue and a departure from Australia is projected to reduce its EBITDA margin by up to 150 basis points (1.5%).

PokerStars parent company Amaya has confirmed that if current proposed amendments to the online gambling law are passed, blocking Australian online poker players from their service is likely.