888 and Bwin Shares Soar as US Betting Rivals Closed > 자유게시판 개인전용 문제은행

• 목록
• 답변
• 글쓰기
• 게시판 리스트 옵션
  • 수정
  • 삭제

888 and Bwin shares skyrocket as US betting rivals closed

18 April 2011

Shares in London-listed online betting companies rose after some big poker sites in the US were shut for alleged unlawful activity.

At the close of trading, Bwin were up 30% and 888 up 15% as investors speculated that the US closures would boost their operations.

On Friday, 11 individuals linked to 3 significant poker sites were charged with offences, including scams.

The US probe involves three sites: Full Tilt, PokerStars, and Absolute Poker.

Federal US authorities implicated the three online poker websites of controling banks to process billion of dollars in prohibited revenue.

According to Execution Noble analyst Geetanjali Sharma: "The closure of the main rivals' operations and the yohaig code US legal procedures started against them should benefit European listed operators."

Playtech, another gaming site, likewise saw its shares jump 11%.

'Criminal fraud plan'

Prosecutors in New York City City on Friday stated they had released restraining orders against more than 75 savings account in 14 nations used by the poker companies.

US Attorney Preet Bharara said the websites "concocted an intricate criminal fraud scheme, at the same time deceiving some US banks and efficiently bribing others to assure the ongoing flow of billions in unlawful gaming profits".

The indictment stated the 3 gambling sites did not comply with the US Unlawful Internet Gambling Enforcement Act, established in October 2006.

The law makes it unlawful for betting companies to accept most kinds of payment from individuals included in illegal internet betting.

The indictment sought $3bn (₤ 1.8 bn) in money laundering charges and from the websites.

The authorities said Absolute Poker had actually said soon after the law was enacted that the US Congress had no control over the business's payment deals.

PokerStars published a declaration to its players on Saturday, stating it had to suspend genuine cash play for consumers based in the US.

"Please be guaranteed gamer balances are safe. There is no cause for concern," the company stated.

"For all consumers outside the US, it is organization as typical."

A message posted on the PokerStars.com website by the FBI said the firm had seized the domain name in connection with the examination.

Ladbrokes ends 888 takeover talks

15 April 2011

US mentions gamble on online poker

25 March 2011