SOURCE: Gaming Intelligence Group

PartyGaming has taken steps to ensure that customers in Turkey are denied access to any of the Group’s gaming sites.

The decision from PartyGaming follows the passing of recent legislation in Turkey which prohibits certain forms of online gaming from being offered by any unauthorised domestic or foreign company to it’s citizens.

PartyGaming joins a growing list of companies announcing their withdrawl from the Turkish market, including Bwin and the e-wallet firm, NETeller.

The legislation is aimed at protecting the partly governmental owned gambling company IDDAA, and legal experts believe that the new law is a severe breach of the existing agreements between Turkey and the European Union, regulating the time up until the possible entry of Turkey into the EU.

In a statement, the company reassured the markets that revenue from customers in Turkey does not represent a material proportion of the Group’s revenue.

Shares of PartyGaming (LSE:PRTY) continued their climb on the London market this morning, rising a further 3.13 percent to 57.75 pence.