Online gaming exploded in 2005 with a string of high-profile company flotations in London, which has become the industry's corporate center. Online gambling is also a lucrative niche in the hosting industry. U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off share prices.
Saturday, October 14, 2006
Online Gambling Banned
Online gaming exploded in 2005 with a string of high-profile company flotations in London, which has become the industry's corporate center. Online gambling is also a lucrative niche in the hosting industry. U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off share prices.
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