H.R. 4411 causes huge losses in U.K. Internet gambling sector
The bill effectively prohibits U.S. financial institutions from processing transactions made by U.S. customers to offshore online gambling companies. PartyGaming, Plc., owner of PartyPoker.com, saw a drop of 57%, wiping more than £2.3 billion off the value of its shares, following its announcement that it would prohibit all U.S. gamers ...
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