Re: Party Poker is up to Something
....there's really something happening here....
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PartyGaming Could be Taken Private
Reports Suggest
Partygaming, the world's second largest online poker room, rose 1ūp to 29p on speculation that the slimmed down online poker firm will be taken private. PartyGaming was forced to leave the US market (more than 80 per cent of its market) late last year following the passage of the Unlawful Internet Gambling Enforcement Act.
Mitch Garber, PartyGaming CEO, showed some confidence in the company this week by announcing he was stopping the planned sale of some of his shares in the company.
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They've finally found their 4-function calculators and discovered that they can make more $$ following the PokerStars-Private model vs. the Public Law-Abiding model.
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