Gaming Industry Club

Online Gaming Industry Fears the Law in the US

Online gaming blackjack operators were the major fallers on the London stock market as . Part yGaming shares fell nearly 4% to 122.5p, while the major company of the online gaming industry - 888 - was down 5% to 187.24p. Shares in Sporting Bet cut down by 5% to 383.22p. An predictable 8 million Americans logged on to gaming sites last year and these are currently facing a change in legislation that would forbid them from gambling online, this is a serious blow to the online gaming industry.

One measure at present being championed would make it against the law to pay online gambling sites with credit-cards, e-wire services or other banking institutions - a shift that would put extra pressure on the monetary services business to take action that could beat out online gambling industry. Once more, the US sports associations have thrown their influence behind the new anti-online gaming bill, quarrelling that sports betting put in danger the "traditional American values" the team sports stand for. For more info please stay tune to our news center