Another international online gambling provider has fled the Australian market, thus joining hundreds of other brands in this total casino Exodus. Codeta was next.
From September 15th, the MGA, Curacao & UKGC licence holder Codeta will cease all its operations, thus, all their players based in Australia are urged to withdraw their funds before September 15th. No new registrations will be accepted from Aussie players after the 15th.
News like this have become common now a days following the closure of many loopholes in the online gambling industry in Australia so this has come to no surprise to anyone.
Codeta is quite a new online casino that has its focus on live table games, but also offers other gaming alternatives as well.
One must now wait and and look in despair seeing other major brands leaving the market sooner rather than later. All of this will seriously impact Australian players that are now left with no chance to play in a relatively safe gambling environment.
New Tax Regulations Fro Bookmakers
Further to the gambling laws amendments, Western Australian lawmakers announced this week that they are introducing a 15% Point Of Consumption tax on operators servicing local punters. This is similar to the one introduced in South Australia earlier in July.
News about the new taxation regime were not welcomed by Responsible Wagering Australia (RWA) because the burden of the new tax will be passed on the betting customers.
