Party CEO predicts banks/ processors to leave US IG w/i 60 days

[whangarei]

Party line

"In the very near term, PokerStars can be an issue," said Garber. "But the playing field is going to become much more level. Most of the banks and processors are set to leave the industry ... probably within the next 30 to 60 days."

He said that as banks stop doing business with online gambling companies that take U.S.-business, the current high level of competition would fade.

"You're going to see a dramatic impact on sites like PokerStars and a positive impact for us," he said.