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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Tuesday 10th October 2006

Two More Companies Block US Gamblers

Two more companies have announced plans to stop dealing with online gamblers from the US.

Fairground Gaming and payment processor FireOne Group said US clients would be unable to play online casino and poker games once President Bush signs a Congressional bill into law.

Both firms said they would cut costs as part of a wider restructuring.

A statement for the FireOne group said, 'The act will have a significant negative impact on the business ... and consequently the company has embarked upon a restructuring of its operations and cost base.'

The gaming industry considers it inevitable that Bush will sign the act into law, and many companies have already said they are pulling out of the United States.

Share prices crashed across the sector last week as a result, wiping out around $7 billion (3.7 billion pounds) of company values.

Source: OnlineCasinoNews

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