23-Jan-07. U.S. probe hits shares in online gambling firms. Globe and Mail, B11.

The U.S. Department of Justice has sent subpoenas to about 15 investment banks across Europe and the United States, requesting information as part of a probe into gambling companies including Britain’s PartyGaming PLC and payment networks such as Neteller PLC. The United States effectively banned online gambling last fall when Congress added a provision to a bill aimed at improving port security to make it illegal for banks and credit card companies to settle payments to online gambling sites.