Re: Sensationalist Party Gaming Headline of the Week
That there have been settlement discussions ongoing has been widely reported.
Consider the menu in the DOJ cafeteria in Lower Manhattan:
Column A = Wire Act
Column B = Possible prosecutions other than Wire Act would include processing uncoded credit card transactions.
Today's special offer:
Pay for one free pass from Column B, (credit cards), also get one from Column A, a Wire Act "poker only = no violation" Letter.
Result, past is clear and Party can re-enter the US market again.
Result = Increased Shareholder value >>> payment amount.
I do not think there is a shareholder issue with that result.
(Legal Disclaimer, I have no Party shares or options, nor know of anyone who does.)
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