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Best Gambling Guide for online gambling reviews, best gambling bonuses, gambling games, and gambling tips. Best gambling payouts and best gambling bonuses are featured in this gambling guide.

 

Gambling News by Gambling Headquarters

Saturday, April 08, 2006

PartyGaming Shares Rise

 

As reported by the UK Herald: "Shares in PartyGaming soared 10% yesterday as the prospect of a ban on internet gambling in the key market of the United States appeared to fade.

"The online poker specialist was the best-performing stock in the FTSE-100 following news that some legislators in Washington were opposing attempts to crack down on web-based betting.

"Bills introduced in Congress had proposed curbs on some forms of internet gambling and the use of credit cards to pay for online flutters.

"…However, the Internet Gambling Prohibition Act, proposed by Republican senator Bob Goodlatte came under fire from law-makers at a meeting of a subcommittee of the House of Representatives. Some Congressmen were concerned that the bill clamped down on some forms of betting while allowing others to continue.

"With no date set for a further hearing for the bill, sector watchers said the odds of it making it onto the statute book had lengthened, in a development that would be welcomed by the likes of PartyGaming…"

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