PokerStars Withdraws from Israel Online Gambling Market
Key Takeaways
  • Last year, the Israeli State Prosecutor was considering legal action against a leading credit card provider for processing payments to foreign online gambling providers, with accusations of miscoding transactions to classify them legitimate business activities.
  • According to a report last week, Israel’s banking regulator has been instructing credit institutions recently that they must not allow payments to be processed in favor of online gambling sites.
  • Given this climate, it is perhaps no surprise online poker options for Israelis are few and far between.

PokerStars has ceased all real money online gambling services to customers in Israel, a PokerStars representative has confirmed to Poker Industry PRO.