PokerStars Pulling Out of Georgia

This story was published more than 2 years ago.

Online poker giant PokerStars has sent notice to players in Georgia that they're closing their offering in the Eastern European country effective March 1st.

The Flutter Entertainment subsidiary sent the advisory to players in the country, asking them to withdraw their balances by the 1st of March. The company has also asked their media partners that they're leaving, although no reason for the pullout was given.

It's believed that Georgia is preparing to change regulations for internet betting, as the country's Prime Minister Irakli Garibashvili approved of a draft from the Ministry of Finance that would implement new rules. That draft had orders that online betting only be open to those 25 or older and would have a 65-70% tax on revenues. There will also be a ban on gambling of all kinds. These are expected to go live sometime in spring.

For its part, PokerStars said that they'll honor bonuses and ticket repayment for tournaments for players closing their accounts.

Casino Listings News is following this story and will update readers as more developments arise.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.