Re: PartyGaming Shares
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isn't there a new legislation passed in the UK that makes it illegal for online casinos in the UK to take bets from non-UK residents?
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The legislation says that an online gaming licensee can't take bets from a customer in a prohibited country.
a) The list of prohibited countries hasn't been provided yet.
b) There aren't going to be any licensees anyway as they are going to be taxed at 15% of gaming profits - the rate had to be less than 5% to arouse any interest whatsoever from Party etc.
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is it possible that one of party's main competitors, cryptologic, is becoming a licensee in the near future, and this is what is making party stock go up?
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