Online gaming giants PartyGaming and 888 Holdings held preliminary talks over a possible merger, Sunday Times newspaper reported. Industry experts are predicting the companies would have a market value of £1.6 billion if they were to consolidate. Both companies were left reeling as stock prices and revenue plummeted after US President George Bush signed legislation effectively banning online gambling in the country.

On Tuesday, 31 October, the UK government will be hosting the Remote Gambling Summit at Ascot Racecourse, where politicians from 30 countries will be gathered to promote and debate regulation of the online gaming sector.
Ladbrokes” statement voices the company”s support for the approach of the UK government. Spokesperson Ciaran O”Brien said: “The attempt to prohibit [...]

BetonUSA statement said, “BetonUSA and all our partners will be continuing business as usual. BetonUSA is licensed and regulated in Antigua and complies with laws within the jurisdictions in which it operates. Furthermore our company has been expanding by acquiring new assets and operations. Announcements will be released soon.”
Antigua-based online betting group BetonUSA has become [...]

In response to the Unlawful Internet Gambling Enforcement Act (UIGEA), PokerAffiliate.com has announced its properties are no longer accepting US players.
The company decided it would no longer accept US players after the passing of the UIGEA, signed into law by President George W. Bush on October 13th.
“As we have previously advised, on September 30th 2006 [...]

St. John´s, Antigua – Intertops.com nnounced today that they remain open for business and will accept all bets and process all payments from American citizens.
Developments in Washington, DC earlier this month compelled publicly-traded gaming sites such as 888.com and PartyPoker to cease all US services. All services at Intertops.com will seamlessly continue, offering sports betting, [...]

32Red has released figures from its third quarter results, which highlights a 10% drop in casino revenue but also an increase in total sales since the summer.
The online casino and gaming operator said that despite its casino revenue falling around 10% because of the Unlawful Internet Gambling Enforcement Act, its total revenue rose 55.8% in [...]

Internet gaming company Betcorp Ltd. of Australia has confirmed it has sold its gaming interests for a total of $9 Million (£4.8 Million) to to Bodog Entertainment Group SA.
In a statement to the London Stock Exchange, the company said it had sold its BetWWTS operations based in Antigua and Toronto for a cash consideration of [...]

Australian online gaming company, BetCorp, has confirmed that it was in sales discussions for the group’s gaming operations and infrastructure and will cut staff by around a third. The group told the Australian Betting Exchange that it’s not certain that the talks will lead to a sale, or on what financial terms such a sale might take place

Internet Gambling Prohibition and Enforcement Act of 2006, signed into law by President George W. Bush last Friday, October 13, 2006, will not prohibit but rather enhances live remote casino table game provider Kenilworth Systems Corporation’s Roulabette(TM) System.
Chairman and Chief Executive Officer Herbert Lindo stated: “Internet gambling was always outlawed in the U.S. Las Vegas [...]

PartyGaming’s online poker site, Party Poker, saw its share price drop another 13 percent on Tuesday, prompting analysts to suggest that its withdrawal from the US market in the wake of new US gambling law, may have accounted for a 90 percent drop in revenue.