Online Casinos - Casinomeister Logo Online Casinos - Casinomeister

Go Back   Casinomeister's Online Casino and Poker Forum > The Amazing World of Online Casinos and Poker Rooms > Casino Industry Discussion
PartyGaming take $250 million hit on US exit PartyGaming take $250 million hit on US exit
Register All AlbumsMember Blogs FAQ Members List Mark Forums Read
Main Site CM Casinos CM Poker I-Gaming Forum Reps Rogue Pit Webcast Bitchin' Newsletter News  

Notices
Hey Unregistered!
Our records indicate that you have never posted to Casinomeister's forum! Why not make your first post today by saying howdy to everyone in our Introductions forum.

Why not start with your first post today and become an active part of our forum now! C'mon, don't be shy.

Casino Industry Discussion Casino Industry Discussion - This discussion group concerns industry topics: press releases, stock market issues, Nevada and offshore organizations, and other business related items

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 20th October 2006, 05:14 PM
Ian_go's Avatar
Senior Member
  
Join Date: May 2004
Location: Canada
Posts: 180
WTGs: 0
WTGd at 0 Times in 0 Posts
Thanks: 12
Thanked 46 Times in 28 Posts
Reputation Points: 236
Rep Power: 19
Ian_go has been spending a lot of time in the forumIan_go has been spending a lot of time in the forumIan_go has been spending a lot of time in the forum
PartyGaming take $250 million hit on US exit
Online gaming firm PartyGaming said today that its decision to pull out of the US market is expected to cost the company about $250 million (£133 million) in the second half.

The company suspended its operations in the US on October 13th after US president George Bush ratified a law banning banks and credit card companies from processing online gambling payments.

Yesterday, PartyGaming rival Sportingbet said that.... more
__________________
knowledge is power - so spread the online gambling news.
Reply With Quote
The Following User Says Thank You to Ian_go For This Useful Post:
kwblue (20th October 2006)
  #2 (permalink)  
Old 20th October 2006, 05:25 PM
kwblue's Avatar
Webmaster
  
Join Date: Jun 2005
Location: USA
Posts: 512
WTGs: 3
WTGd at 0 Times in 0 Posts
Thanks: 253
Thanked 284 Times in 146 Posts
Reputation Points: 1448
Rep Power: 23
kwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud ofkwblue has much to be proud of
I guess it remains to be seen if they can regain their stock prices with a larger player base from other areas. I think this will continue to take it's toll on them for quite some time.

I do not understand why they completely get out of the US market while other operations welcome all but those from select states. It defies logic.

Great article, though, thanks.
Reply With Quote
The Following User Says Thank You to kwblue For This Useful Post:
Ian_go (20th October 2006)
  #3 (permalink)  
Old 20th October 2006, 11:47 PM
Ian_go's Avatar
Senior Member
  
Join Date: May 2004
Location: Canada
Posts: 180
WTGs: 0
WTGd at 0 Times in 0 Posts
Thanks: 12
Thanked 46 Times in 28 Posts
Reputation Points: 236
Rep Power: 19
Ian_go has been spending a lot of time in the forumIan_go has been spending a lot of time in the forumIan_go has been spending a lot of time in the forum
Quote:
Originally Posted by kwblue View Post

Great article, though, thanks.
My pleasure kwblue. Positive feedback from the articles I post keeps me coming back
__________________
knowledge is power - so spread the online gambling news.
Reply With Quote
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
$5 Million Playtech Slot-Opinions? Scooter7 Casino Industry Discussion 7 20th September 2006 02:36 PM
Will Vegas go for Cryptologic? mary Casino Industry Discussion 4 15th October 2002 05:46 PM


All times are GMT +2. The time now is 09:52 AM.

Contact Us - Casinomeister - Archive - Top

Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0
© All Rights Reserved, 1998-2008


  Casinomeister is proud to present the following quality portals
Online Casinos | GoneGambling | Online Casino Reviews | Wizard of Odds | Games and Casino | Online Poker Rooms | BetOnCharity | Winneronline | Online Casinos| Online Slots | Online Casino Reviews

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service not affiliated with any casino. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.

Inactive Reminders By Mished.co.uk