๐Ÿค‘ PokerStars Bids Farewell to Cyprus' Online Poker Space

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Online poker giant PokerStars has quit Cyprus' online gaming market, if reports from several Greek and Cypriot poker news outlets are to be.


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Bank Wire Transfer. Prepaid Cards. Cypriot players have said in online poker forums that they have received an email from PokerStars, reading that the operator has decided to suspend access to its platform in the region. We will be in touch soon. Germany Live Dealers Read Review. Louis, Illinois that will enable the online Las Vegas casino and hospitality giant Caesars Entertainment Corp. All Rights Reserved. Vegas Hero Casino. The operator was later on allowed to return and now provides its services in several US states where online poker is legal. This means that PokerStars has operated in a gray area for quite a while before finally deciding to quit the Cypriot iGaming space. PokerStars was one of the companies that were shamefully banished from the States several years ago in what is known as Black Friday of online poker. Our guides cover roulette , blackjack , slots and video poker. Previously, he worked for a local news magazine. Subscribe Now! Singapore Mulls Tighter Due Diligence Requirements for Casinos Singapore mulls tighter due diligence processes for casino patrons in a bid to prevent its gambling facilities from being used Playtech Hails Performance of Enhanced Leaderboards Solution Playtech has recently updated and upgraded its leaderboards solution as part of its continued focus on improving player engagement tools Casino Jackpots Mega Fortune Visit. However, others noted that they were unable to download the PokerStars software from within Cyprus. It should be noted that PokerStars is licensed to operate in Greece. Please enter a valid email address. Read Review. And the major online poker operator has actually been trying to avoid gray markets as this could derail its US expansion plans. British gambling operator William Hill is set to close its Gametek Office in Stockholm in the latest move undertaken by Online casino games provider Playson has signed a commercial agreement with Bet. Existing players said that they were able to withdraw money from their accounts. Online casino games aggregator and supplier Relax Gaming has further expanded the offering available on its platform with a recently Spain- and Malta-based online casino games creator Red Rake Gaming has announced a content distribution deal with platform provider BtoBet Singapore mulls tighter due diligence processes for casino patrons in a bid to prevent its gambling facilities from being used Playtech has recently updated and upgraded its leaderboards solution as part of its continued focus on improving player engagement tools More info Got It! In that country, players are levied taxes on their poker winnings , which PokerStars automatically deducts from their balances. In addition, PokerStars has a new owner after its now former parent organization, The Stars Group, recently closed a multi-billion tie-up with Irish gambling powerhouse Flutter Entertainment. Deposit Methods Casinos Reviews. Saturday, July 4, Author: Terry Davis Terry Davis holds a degree in Psychology, but it was after his graduation that he found his real passion โ€” writing. Playson Grows Portuguese Presence with Bet. Hall of Gods Visit. MasterCard Credit.{/INSERTKEYS}{/PARAGRAPH} Flutter itself has huge US expansion plans and is probably looking to eliminate every little thing that could hamper these plans. Account holders will be able to withdraw their funds until May 4, PokerStars further noted that those players who are not able to withdraw their funds by the above date should contact its support team to learn how they can access and withdraw their balance. {PARAGRAPH}{INSERTKEYS}Players accessing PokerStars from within the Republic of Cyprus have not been able to participate in online tournaments or play cash games on the platform for several days now. In addition, large winnings are not paid out at once in a lump sum in Greece , an issue yet again avoided by Greek players who resorted to opening Cypriot accounts. Royal Panda. You have successfully subscribed! Genie Jackpots Visit. Players were also unable to take part in poker tournaments and cash games. Subscribe today to receive weekly breaking news stories and industry updates! CasinoNewsDaily is a media focused on providing daily news from the casino industry as well as in-depth gaming guides. However, players from Greece have avoided such tax deductions when playing with Cypriot accounts.