23-Aug-06. On-line gambling firms seek safer bets outside U.S. Globe and Mail, B7.

Online gambling companies are seeking out new markets after the recent demise of Betonsports PLC in the United States. U.S. actions against the company have caused widespread disarray in the $13-billion (U.S.) industry which relies heavily on American gamblers. The Europe market is also facing regulatory uncertainty after the betting licence of an Austrian company was deemed invalid for Internet gambling.