closes the pouch.
The following communication was received from what was Queenslands first regulated online casino.

AusVegas update
December 19th 2000

    Unfortunately, the Australian Federal Government's retrospective bill, the Interactive Gambling (Moratorium) Bill 2000 has been officially enacted.  Based on legal advice, the Directors of GOCORP (GOCORP is the public company that operates AusVegas Casino) have formed a view that the Bill is so broad in its interpretation, that
key aspects of our Casino business will be directly impacted. 

    It would therefore be unwise for AusVegas Casino to continue to operate in its current form given the risks associated with any breach of this legislation. The decision has been made to close AusVegas Casino in line with the introduction of the Bill.  The company is currently exploring other options and it is our intention to keep you, our valued customer, informed on what eventuates as soon as possible. 

    If you currently have a cash player account with AusVegas Casino, we will be closing your cash account and refunding your purse balance (if applicable) over the next few days.  The refunds will be processed using your designated withdrawal method and personal details, which you have provided AusVegas Casino upon registration. 

    AusVegas Casino would like to thank you, our valued customer, for the support and loyalty you have demonstrated in our first seven months of operation.  As soon as the future direction of AusVegas Casino is known, we will contact you. 

If you require any further information please feel free to email us at - an online resource for casino trade and industry news