Partygaming tops trading tables

[Ian_go]

TD Waterhouse said that shares in Online Gambling firms remained amongst the top trades this week, even after an increase in tax rates for operators.

In fact, online gaming operator Partygaming was at the top of broker TD Waterhouses ten best buys. This is the second consecutive week Partygaming has occupied the top spot.

Recently, Democrat Congressman Barney Frank announced that he is seeking to repeal the very piece of internet gambling legislation that caused the PLC exodus from the US market. If this were to transpire, there could indeed be a renaissance in store for the once mighty PLCs.

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[catrina m]

Addressing the moral argument, Mr. Frank went on to say “I agree there is a practice around today that causes a lot of problems, damages families, people lose their jobs, they get in debt. They do it to excess. It is called drinking. Are we going to go back to Prohibition? Prohibition didn't work for alcohol; it doesn't work for gambling.”

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