Aspire Global withdraws from Australia

14 September 2017

Aspire Global has become the latest gambling company to pull its services from the Australian market.

In a statement on its website, Aspire said that the reason to withdraw from the country is in direct response to amendments in national gaming legislation.

Australia has introduced a number of new restrictions on gambling companies in recent months, which has in turn led to a number of major operators to exit the country.

Aspire said the Australian market accounted for 8% of its total revenue in the second quarter.

Tsachi Maimon, chief executive of Aspire, added: “We regret having to leave a market, however, we expect to compensate for the lost business through intensified efforts in other regions.

“Consequently, we don’t expect this to affect our long-term financial targets.”

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