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Posted by: ian_go at February 14, 2006, 2:39 pm
Topic: Online Gaming Stocks Hit By Legislation Fears Forum: Winner Online

newratings.com

Online gaming stocks coming under pressure from concerns over US legislation, traders say. They point to a story in RiverCityGroup.com suggesting US Representative Bob Goodlatte has announced plans to introduce an online gambling prohibition bill to the House of Representatives. "Something like this could be bad news for the online industry but I think it's just some protective profit taking that we're seeing," says a trader. PartyGaming (PRTY.LN) -5.6% at 121.25p, 888 Holdings (888.LN) -5% at 187.75p. (DWE)

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