New law set to come into effect on May 25 could impact Russian access to online poker.
The Stars Group, parent company of PokerStars, warned investors this week that anticipated headwinds in its Russia-facing online gaming operation is expected to impact its business in 2018.
While executives went to lengths on Wednesday’s earnings call to assure investors that the company had taken measures to mitigate the effects, 2018 guidance was materially adjusted to account for what was expected to be payment processing blocking starting in May of this year.