After close to a decade of catering to online gamblers, one of the oldest internet gambling sites has ceased operations. The company has been trying for two years to recover from the blow dealt to it when the US market was closed to them by the enactment of the UIGEA. On October 10, the fight was over and the site was officially closed to players who had until October 24 to make all withdrawals.

A statement posted on the Lasseters Online Casino home page reads, “A review on the viability of the online casino operations was made and the Board of LCL is of the view that the ability of the online casino to turn around is very remote, despite continuous support from the parent company over the last two years. The online casino has suffered continuous losses and faces numerous constraints resulting in the company’s online casino not being able to remain competitive.”