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Lasseters lost grip
Lasseters Closes Down All Online Casino Sites
Falling prey to large casino companies, Lasseters’ online casinos are now shutting down due to their inability to topple their competitors down.
“We are also unable to retain our market share since the closure of the US market in 2006,” Lasseter said in a statement. “If we are to continue our operations we would continuously incur loses even with the support of our parent company.”
Just last month, its parent company facilitated the suspension of Lasseters shares in the Australian Stock Exchange while discussions are still pending on as to whether or not the support will be continued. As of now, the suspension still remains and the discussions are currently being held.
The closure of AusVegas online casino last October 13 was immediately followed by a memorandum ceasing all online casino operations, effective as soon as the memo was made public.
Patrons of Lasseters.com may withdraw their funds from the website until October 24.
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