Anyone holding these? Evil K drove the price right down and now they seem to be recovering---are they worth considering now they seem to have sorted out their finances?

http://news.bbc.co.uk/1/hi/technology/5412980.stm

Who is really in charge of the internet?

US laws to clamp down on online gaming show that the internet can be controlled, argues Bill Thompson.
The myth of the borderless internet, never very credible to those who had any real understanding of the interplay between politics and technology that underpins the network, took another hit last week when the US Congress voted to ban bank and credit card payments to gambling firms.

If President Bush signs the Unlawful Internet Gambling Enforcement Act into law, as he is expected to do, then within months US credit card companies and banks will be forced to check for and refuse payment for most forms of online gambling.

This has already had a catastrophic effect on UK-based companies like Sportingbet and PartyGaming, who face the loss of a major part of their market. Share prices are tumbling, directors are worried and revenue projections are being hastily scaled down.

Whether or not you approve of gambling or online gambling, and whether or not you think that this move smacks of hypocrisy or is a blatant attempt to protect the US gaming industry from overseas competition, the law provides a good example of how governments can control the internet.

Instead of trying to manage the technology by banning poker-playing software or insisting that service providers block online gaming sites - neither of which would be effective anyway - the law puts pressure on the banks who actually move the money around.

what do you think the market reaction is going to be on this matter tomorrow.

news just come out 2.45 title partygaming but this news will concern all gaming companies.

SBT BID AROUND 200P IMHO

maestro where have you got this bit of news from?

Janet:

Probably dreamt it after partaking of "certain substances" . . . :)

janet..value of business without US

The market is currently valuing SBT at a spread of 69.75/70.50 without the U.S. business. I fail to see why a bid would be at 200.

so do I , but who knows. maestro, I am just wondering how you have valued sbt at 2.00.

I think he used a pin.

In since last week @ 63p and would be happy to see 1 by the 17th.

news in the daily telegraph today sbt looking for loopholes in the usa.

They won't find any. The US government is pretty determined to block these transactions. A lack of bank and credit card transfers will stop US transactions. If any looholes are found then the US will just close them.

Frist the anti-christ?
http://www.thetruthseeker.co.uk/article.asp?ID=511

i dont believe its illegal for US citizerns to hold overseas bank accounts.

How handy would that be if an offshore bank was to buy an online casino company or vice versa!!!


[Offensive language removed by MoneyAM Moderator]

Sportingbet says Credit Suisse sells stake
AFX


LONDON (AFX) - Sportingbet PLC said Credit Suisse no longer has a notifiable interest in the company's issued share capital.

On Oct 12, Credit Suisse, through Credit Suisse Securities (Europe) Ltd and Credit Suisse International, said it held 13.3 mln Sportingbet shares, representing 3.15 pct of capital.

newsdesk@afxnews.com

somebody at CS will get their knuckles rapped or worse

Pommy - 11 Oct 2006 17:36 - 264 of 266
i dont believe its illegal for US citizerns to hold overseas bank accounts.

How handy would that be if an offshore bank was to buy an online casino company or vice versa!!!


[Offensive language removed by MoneyAM Moderator]

did i mention the words 'online gaming'?
does George Moron Bush work for ADVFN?
Lets see!!


MUSLIM MUSLIM MUSLIM!!!

Er, Pommy, I think you've got the wrong bulletin board.

mighty micro where do you think sporting bet will go from here after the terrific drop in share price today. results are due out this thursday.

JB ... don't even THINK about putting money in