Aug
5
The gaming industry is buzzing with excitement after PartyGaming made an announcement that they will merge with Austrian online gambling powerhouse Bwin. Maybe it was only a coincidence that the merger was made public just one day after the passage of the Internet Gambling Regulation, Consumer Protection and Enforcement Act, which seems like the first step towards the repeal of the United States’ federal ban on online gambling that was imposed in 2006 forcing most English bookmakers out of the market as well. That ban had forced PartyGaming out of their share of the U.S. market when 70% of their customers resided within the United States.
Both of these companies have been in serious discussions about this potential merger for nearly 6 months. Many experts are suggesting that this only the beginning and most English bookmakers agree. The Gibraltar-based 888 Holdings in the past has traditionally tried to duplicate what PartyGaming has done, which includes entering into negotiations with U.S. law enforcement agencies.
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