Gambling firm shares continue to crash this Tuesday
Mainstream and industry media and the message boards remained dominated today (Tuesday) by debate, speculation and not a little panic regarding the weekend passing of US legislation designed to disrupt financial channels used by American online players. By the end of the day, losses in terms of company value through share price declines were said to have topped GBP 3.5 billion as online gambling companies tried to figure out the business consequences, official company positions and probably any loopholes in the new legislation.
Related Poker News:
- Online gambling to top $10bn
- Motorcyclists’ poker run raises money for man injured in crash
- Poker firm down £241m
- Gambling software firm Playtech bullish as revs jump
- UKBetting PLC And WagerLogic Renew Poker Vows
- Study Shows Online Gambling Could Produce $52 Billion in Revenue over Next Decade for U.S.
- Poker.com busts on saucy ad campaign
- McDermott Urges Congressional Support for Online Gambling Legislation
- WagerLogic renews Internet poker software contract with European firm
- Poker run honors teen crash victim
- NETeller founders arrested in US on money laundering charges
- NETeller Says U.S. Detained Two Former Directors
Poker terminology:
- CARDS SPEAK - Winner(s) of the hand are determined by turning their cards face up, the best hand(s) wins (no declaration).
- BOAT - A FULL HOUSE, three of a kind and a pair.
- FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
- KICKER TROUBLE - Not having as high a kicker as an opponent.
- LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
- WALK - A pot won by the last blind when no one opens.
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