It was on the cards since the casino part had gone bust recently. Lasseters website A shame considering the guy running it, Gerard Daffy, is one of the genuine good blokes of the betting industry. The important thing to note here is that the company hasn't gone tits up, they've jsut elected to close down, and like any Australian-licensed bookmaker, large security bonds are held to ensure all customers are paid out in full.
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.