Barrons: Only the house wins

[sbj99]

Party released a statement last week that their are no issues with their credit facility...

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Party said, "We don't see this as an issue."

They did not say that there isn't a clause related to US law, nor did they deny that lenders can call in the loan. Put yourself in the shoes of the lenders here...

edit: and Financial Times is a reliable source:

<<There is, of course, more to do on online gambling, and how much it matters that the banks can call in any loans now that the US has passed such damaging legislation. As we wrote this morning, PartyGaming’s credit facility includes such a clause. >>