888 to Freeze U.S. Business After Gambling Bill
A Reuters newswire article, via The Boston Globe, reports that:
Internet gambling firm 888 Holdings Plc is expected to freeze indefinitely business from U.S. customers on Monday after Washington moved to tighten its online gambling laws, the Financial Times said.More here.
The company is thought to be preparing to issue a statement to the London Stock Exchange acknowledging that congressional approval of the U.S. bill last Friday would have a "material" negative impact on its trade, the newspaper reported, citing unnamed people close to 888.
A company spokesman was not immediately available for comment.
posted by Fergie @ 10/01/2006 07:22:00 PM
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