Feeds

Gaming firms feel the pinch

Losing execs and share price

Top 5 reasons to deploy VMware with Tegile

Authorities in Louisiana are warning executives working for online gaming companies to stay away from the state or risk arrest.

Police told the FT they had four arrest warrants ready for workers at Sportingbet - the company's chairman was arrested earlier this month.

Sportingbet finance director Andy McIver told Reuters: "I'm personally working on the assumption that it is a stronger rather than a weaker possibility."

And we've got to assume he knows about odds.

France is also getting in on the act. It arrested the joint chief executives of BetandWin - the company which complained that the French government's monopoly on gambling was unfair.

This week also saw the resignation of World Gaming's American chairman James Grossman over fears that he would risk arrest if he returned to his home country.

Further, William Hill said today it would stop taking bets from US customers - or at least customers who use a US credit card. The company said it understood it was allowed to take such bets, but would take the prudent course until the law is clearer.

The cases come while the US House of Representatives considers an update to the country's gaming laws.

The continuing uncertainty has hit the markets hard with shares across the sector plunging. Almost £2.5bn has been wiped off the sector's market value. ®

Beginner's guide to SSL certificates

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.