maestro
- 05 Oct 2006 16:52
CHECK OUT THE MARKET CAPS...NO CONTEST...ARE YOU A FOOL OR A WINNER?
skyhigh
- 10 Oct 2006 10:25
- 13 of 13
Seems to have had a positive impact on the sp !
Following the passing in the USA of the Unlawful Internet Gambling Enforcement
Act of 2006 (the 'Legislation') and after extensive discussions with our
lawyers, bankers and other advisers, it is the view of the Board that following
enactment of the Legislation it will no longer be appropriate for the Company to
serve US-based customers and that the Company should focus solely on its
existing UK and Italian businesses. As a result the Company is undertaking a
strategic review in order to decide whether to suspend, close or sell its US
operations. In particular, the Company has received a number of approaches and
is at a preliminary stage in progressing discussions which may or may not lead
to an offer for the Company's US-facing businesses. The Board is actively
exploring the optimal route to maximise value for the Company's shareholders.
The Company will further update shareholders in due course.