Online gaming in crisis over U.S. ban
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Online gambling firms faced their biggest-ever crisis on Monday after U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off company values.
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Last weekend, when the U.S. Congress   passed a bill making it illegal for banks and credit-card   companies to make payments to Internet gambling sites, a legion   of online gamblers were sent scrambling to find new ways to   place their bets.
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Shares in online gambling companies listed in London lost more than half their value after a dramatic move by US authorities to ban gambling on the Internet.
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The chairman of on-line gambling website Sportingbet has been detained by authorities in the United States, the company announced, leading to a suspension of trading of its shares in London.
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FORT WORTH, Texas -- The video game playing was getting out of hand. When Johnathan Wendel, then 19, was not in class or at work, he was in front of the computer. His mom didn't like it. Cut back or move out, she told him.
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Shares in British online gambling companies, including Sportingbet PLC and PartyGaming PLC, dived yesterday after the Congress passed legislation prohibiting the use of credit cards, checks, and electronic fund transfers for online gaming.
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A federal Internet gambling ban poses threats to lawful gaming online and must be amended right away, players argue in a Capitol Hill lobbying blitz.
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Gamers stuck in the United States have had little chance of going pro. Until now. By Bruce Gain.
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Shares in UK online gaming stocks lost more than half their value on Monday after U.S. Congress approved a bill to ban Internet gambling, with PartyGaming  plummeting 60 percent in early trade.
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Antigua is saying that the US does not allow online gambling within its borders but that there are large numbers of American gambling organizations overseas.
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THE World Trade Organisations (WTO) has told the US to dump its ban on offshore Internet gambling. Currently the US does not allow its citizens to place bets in those nasty foreign online casinos and the tiny
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Alfonse M. DâAmato, the former senator and a poker aficionado, is lobbying to overturn a new federal ban on Internet gambling.
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Online gaming group 888 Plc (888.L) said  on Monday it would stop doing business with U.S. customers  after legislation was passed there aimed at preventing gambling  over the Internet.
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A U.S. House of Representatives panel said on Monday it will hold a hearing on Friday to look at Internet gambling, which is effectively banned in the United States.
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States want to protect their lotteries German states have postponed a decision on whether or not to ban online gambling. The federal states met today to discuss the plan to outlaw the activity in a move that could destabilise a Europe-wide plan to harmonise gambling.â¦
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Online gambling firms faced their  biggest-ever crisis on Monday after U.S. Congress passed  legislation to end Internet gaming there, threatening jobs and  wiping 3.5 billion pounds ($6.5 billion) off company values.
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In a ruling that could open the United States to offshore Internet gambling, a World Trade Organization panel Wednesday said Washington should drop prohibitions on Americans placing bets in online casinos.