William Hill halts US gaming bets
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UK bookmaker William Hill says it has stopped taking casino and poker bets online from US customers.
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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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The Cuban government has stopped the use of United States dollars in its transactions following the United States move to freeze all international transactions related to Cuba.
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US legislation on online betting was described as "protectionist" by the European Union's top financial regulator on Tuesday and may trigger legal action before the World Trade Organisation.
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The Bush administration dismissed as &quot;deeply flawed&quot; a World Trade Organisation decision that the US has no right to ban cross-border gambling on the internet.
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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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US gambling ban reverberates through sector Party Gaming, the world's biggest online gambling business, is axing its interim dividend, worth $115m, previously due to be paid on 31 October.â¦
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EU bone thrown Unwilling to allow foreign countries into the stateside internet gambling market, the US has struck a compensation deal with the European Union, Canada, and Japan.â¦
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Leading shares closed sharply lower, as a profit warning from Tomkins, an arrest of another gaming executive in the US and continued weakness on Wall Street undermined sentiment, and offset relief the Bank of England left rates unchanged, dealers said.
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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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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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The United States detained a second  Internet gaming executive on Thursday, adding to fears it is  cracking down on the lucrative industry and sparking share  price falls that wiped over $1.5 billion off the market value  of the sector.
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Mission of Mandy The US now has until 14 December to come up with a trade compensation scheme for the blow its curbs on internet gambling have dealt EU firms.â¦
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A federal judge on Thursday extended  for another 30 days an order preventing indicted online gaming  company BETonSPORTS Plc from taking bets in the United States.
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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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Britain's online gambling firms switched  their sights away from the United States to look for new growth  areas on Tuesday after the U.S. Congress passed legislation to  end Internet gaming in their biggest market.
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As reported by the UK This is Money: "Gambling stocks took a spin on fears that the long-awaited reform to Britain's arcane gambling laws may not happen before the next General Election.