Pamela Anderson's poker site goes bust!

Just four months after she decided to enter the gambling biz in cyberspace, Pamela Anderson has admitted that starting her own poker site was a big mistake.

The former Baywatch babe, who started PamelaPoker.com back in July, posted a comment on her online diary on her personal website pamelaanderson.com stating that she was no longer involved with the site, and that it should have been closed down a month ago.

The busty blonde, who is reported to have suffered a miscarriage while shooting in her native country Canada, also admitted that she was "glad" that the site had shut down.

"Poker site should have been shut down last month. I have nothing to do with it anymore. Too many shady areas ... I made a mistake getting involved in something I know nothing about for a quick buck! Yuck. So unlike me. Glad it's over," TMZ.com quoted her, as saying.

Pammie's statement comes just three days after she blamed the collapse of the poker site on legal red tape in the US.

"Too bad my poker site fell apart - too many rules in USA. No fun," she had earlier said.