Shares in European gaming firms surge post US crackdown on gambling sites

first_img Show Comments ▼ Shares in European gaming firms surge post US crackdown on gambling sites by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULL KCS-content Sharecenter_img Monday 18 April 2011 7:46 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp whatsapp SHARES in online gaming firms that have avoided the US crackdown surged yesterday, with European firms set to be the big winners.Shares in Bwin.Party, the firm formed by the recent merger between Bwin and poker site PartyGaming, jumped by almost 30 per cent.888 recouped losses suffered after merger talks with Ladbrokes broke down last week. Software provider Playtech also made big gains after the shock US action, which claimed gaming firms PokerStars, Full Tilt Poker and Absolute Poker had tricked banks into committing “elaborate criminal fraud”. The sites’ founders could face 20 years in prison if found guilty.Execution Noble analyst Geetanjali Sharma said: “The US facing operators have been a drain on the profitability of the European operators.The closure of the main competitors’ operations and the US legal proceedings initiated against them should benefit European listed operators.” last_img

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