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Old 8th April 2009, 09:42 AM
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Although the prospect of legally getting back into the USA and making the really big bucks again is obviously attractive, this is unlikely in the short term, I feel.

Party Gaming has said that its priority at present is to remove the cloud of uncertainty that the DoJ action on pre-UIGEA activities represented.

Having achieved that, it becomes a much more attractive stock for investors; it boosts its potential selling or merger price and/or it empowers it to carry out its own M&A strategies more effectively.

This is an interesting article from the FT.com today:

http://www.ft.com/cms/s/0/fc5dbc6c-2...44feabdc0.html

I'm sure we'll see acres more newsprint on this as various publications examine the implications of the deal.
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