What Happened to Jokaroom Betting Australia?
Since the beginning of 2020, Jokaroom Betting Australia has been in the news for all the wrong reasons. With the sudden closure of the popular online gambling platform, many have been left wondering why it has been shut down and what this means for the future of online gambling in Australia. In this article, we will explore the reasons behind the closure of Jokaroom and what this could mean for the future of online gambling in the country.
What Happened to Jokaroom Betting Australia?
Jokaroom Betting Australia, an online gambling website, ceased operations in May 2020. The website was owned and operated by Jokaroom Gaming Ltd, a company based in the UK. The website had become increasingly popular in Australia but was suspended by the Australian Communications and Media Authority (ACMA) following a complaint from the Victorian Responsible Gambling Foundation. The ACMA found that the website was not compliant with Australian gambling laws, and so was ordered to shut down.
The website allowed customers in Australia to gamble on a variety of sports, casino and other gaming options. It was popular among Australians due to its wide range of games, attractive bonuses and promotions, and competitive betting odds. However, the ACMA found that the website had not complied with Australian gambling laws, such as providing adequate consumer protection measures and ensuring that its services were provided in a socially responsible manner.
Since the closure of Jokaroom Betting Australia, no other online gambling sites have been approved by the ACMA. All those who had accounts with the website were refunded their deposits, and the company is no longer operating in Australia.