Lasseters Sportsbook Closes
October 21, 2008 (InfoPowa News) — The Australian gambling company Lasseters wrote what is probably the final chapter of its long-running online gambling story when it advised associates and customers this week that it was closing the firm's sportsbook operations. The closure follows similar moves on the firm's online casino products, brought about by the impact of the UIGEA and the consequent loss of much of its American business.
Chief Operating Officer Brian Gordon advised in an email that, following the company's announcement to the Australian Stock Exchange of September 9, the directors had subsequently taken the decision to cease accepting wagers on Lasseters Sportsbook and to close the business.
"It is important to note that whilst you will not be able to bet, you will still have access to your Lasseters account to withdraw your funds," Gordon advised. "To avoid unnecessary delays, please ensure that the personal registration and payment details in your account are up-to-date and accurate.
"Your Lasseters account balance, minus any unused bonuses, is available to you immediately by following the withdrawal procedure on our website.
"Players who have not previously provided age identification and have an existing cash balance are required to provide suitable age ID prior to withdrawing funds. Please refer to the site FAQ's for further information pertaining to proof of ID."
The advisory goes on to ask interested parties to ensure that withdrawal requests are submitted before a Friday October 31 2008 deadline, and assures players that requests will be processed as fast as possible. Bank to bank transfer is recommended as the fastest means of achieving payment.