The online gaming industry 
has experienced a huge set back after the US Congress passed a legislation, which makes collection of payments for transaction on online gaming sites by both banks and credit card companies in US unlawful. This unexpected step saw shares of online gaming companies like Party Gaming Plc, PartyPoker. com, 888 Holdings Plc et al plummet, as US is the major source of revenue for these companies. The Bill has already been approved by the House of Representatives and the Senate and now awaits the final approval of US President George W. Bush.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
has experienced a huge set back after the US Congress passed a legislation, which makes collection of payments for transaction on online gaming sites by both banks and credit card companies in US unlawful. This unexpected step saw shares of online gaming companies like Party Gaming Plc, PartyPoker. com, 888 Holdings Plc et al plummet, as US is the major source of revenue for these companies. The Bill has already been approved by the House of Representatives and the Senate and now awaits the final approval of US President George W. Bush.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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