October 02, 2006

2-Oct-06. U.K. online betting firm set to sever U.S. ties. National Post, FP4.

Online gambling company 888 Holdings PLC is expected to suspend indefinitely business from U.S. customers today. The move comes as the sector braces itself for a reaction from investors to the dramatic U.S. decision to toughen its anti-gambling laws. A U.S. Senate bill passed on Friday which prohibits U.S. gamblers from using credit cards, cheques and electronic fund transfers to make online wagers.