Gaming shares steady after arrest
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Online gaming shares steady after heavy losses caused by the arrest of a top Sportingbet boss in the US.
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Investors seeking to sell a share that they do not own will no longer be barred from doing so because the price of the stock is falling.
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Online gambling group 888 Holdings sees revenue from gaming rise by 7% for 2006, a trading update shows.
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Risks still remain for Hewlett-Packard Co.  in the wake of its board leak investigation scandal even as Mark Hurd's job at the helm of the No. 2 computer maker appears secure, analysts said.
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European shares held steady just below  2-1/2 year highs on Thursday with dealers reluctant to make any  big bets on the last full day of trading before the Christmas  holiday season.
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Bid activity looked likely to keep London shares buoyant on Monday following last week's move on miner Rio Tinto, and Microsoft's offer for Yahoo in the US.
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Sales are flat for the company, but the valuation still appears to be fair.
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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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This stock is still on fire, and it's not confounding this skeptic.
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European shares held steady just below 2-1/2 year highs on Thursday with dealers reluctant to make any big bets on the last full day of trading before the Christmas holiday season.
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A New York judge frees the ex-chairman of online gaming firm Sportingbet, arrested earlier in September.
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LONDON -- Sportingbet, a gambling Web site owner, said its chairman has been detained in the U.S., two months after the chief executive of BetOnSports PLC was arrested in the United States on racketeering charges.
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The stock's case of ennui isn't over yet.
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Losing execs and share price Authorities in Louisiana are warning executives working for online gaming companies to stay away from the state or risk arrest.â¦
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Shares in Argosy Gaming Corp. -- owner of the Empress Casino in Joliet -- rocketed skyward Thursday after the company said it would be bought by Penn National Gaming for $1.
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Online bookmaker Sportingbet said its  chairman faced charges in the United States for providing  "gambling by computer," sparking fears no executive in the  $12-billion-a-year industry was safe from prosecution.
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Stocks fly on the nice rumor, but it's still a rumor nonetheless.