Aspire Global has announced its withdrawal from the Australian market in light of the approved amendments to the Australian Gaming Act (see previous reports).
Australian business accounted for 8 percent of the the company’s total revenue in the second quarter.
“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,” Tsachi Maimon, chief executive officer of Aspire Global commented.