PokerStars Leaves The Colombian Online Market
PokerStars has left the Colombian online market quietly. After the online gambling regulator in the country, Coljuegos, advised of their blocking with more than 325 unlicensed online operators last week PokerStars decided to just be done with the market.
Friday, PokerStars let their players know via email that starting on Monday July 17 they were no longer offering real-money poker activities in the jurisdiction. Coljuegos, back in March, mentioned the poker giant on their long list of blacklisted operators.
PokerStars sent their Colombian players a detailed message explaining their decision to leave the market saying their decision was the result of a new regulatory regime. They went on to explain that since they did not obtain a license to operate legally they would halt all services, but did say they were interested in acquiring a Colombian license and may return in the near future.
The new gaming and betting framework in Colombia was introduced last fall. Colombia is the first to regulate online gambling in Latin America. This isn’t a first for PokerStars to be on the “naughty” list. They have been treading lightly since 2011 when they were indicted by the US Department of Justice for violating the UIGEA of 2006.