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June 05, 2005

Poker Site floation in jeapordy?

Ther eis an article I found that discussed the announced floatation of PartyGaming, INC ( they own Party Poker ), and possible problems, because of fears of the legality issues in the US for Online Poker.

You can read the article HERE

"The biggest flotation in London since 2001 could be derailed by fears over the legality of online poker in the United States, it was reported today.

PartyGaming, which owns and runs the biggest web-based poker brand, has unveiled plans for a listing that could value it at up to $10bn (€8.2bn).

But analysts at major US institutions said they would not automatically back the flotation because of concerns about the legality of internet gambling across the Atlantic, according to The Observer."

Posted by fatbill at June 5, 2005 10:19 AM

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