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Wpt Stock Shares hit 35 cents
Stockmasters reports that World Poker Tour Enterprises shares have declined dramatically, dropping to 35 cents from a peak value of around $22 a share.
Analysts speculate that the cause for the decline is the negative impact of the UIGEA on Internet poker, but add a note of hope that a new and more enlightened US administration under President Barak Obama might ameliorate some of the damage by reviewing the UIGEA regulations rushed through as the Bush administration departed under Midnight Rule legislation.
"There are many within the current administration that would like to completely eliminate the UIGEA," claims Stockmaster. "Representative Barney Frank has been pushing for regulation of the online gaming industry in the US. He now has the power in Congress to make such a plan happen.
"Even laws that have been made and are already in place will be reviewed by Obama and his team. He claims that if it is too late to stop the laws, he will ask Congress to start the process to overturn them.
"If the UIGEA is repealed, you can bet the WPTE share price will soar. However, if it doesn’t happen, WPTE could be on the chopping block in the near future."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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