Fallout -- Internet gambling software developer Playtech announced today that in light of the passage of the U.S. Unlawful Internet Gambling Enforcement Act, it will stop licensing its software to operators who accept bets from U.S. players from the date the legislation becomes law. The company has asked its existing licensees to begin blocking transactions from U.S. players as soon as practically possible. Playtech has hinted at focusing on the Asian, European and South American markets. . . . Online skill games provider FUN Technologies says that the passage of the I-gaming prohibition bill won't change the way it does business. The company announced today that it will continue with business as usual, pointing out that the U.S. ban includes exemptions for fantasy sports and online competitions in games of skill. "We believe the passage of this bill will actually benefit FUN Technologies, not only because it plays in the areas not covered by the bill, but also because other large Internet gambling companies that just lost a big chunk of their market will be looking to fill the void with legal activities, the kind FUN Technologies owns," analyst David Shore of Desjardins Securities explained. After losing 56 percent of its share value on Monday following the actions in the U.S. Senate, online gambling company PartyGaming announced Tuesday that it will scrap its interim dividend, due to be paid out Oct. 31. "Cancellation of the interim dividend will allow the company to take advantage of the many attractive opportunities in the sector that will emerge over the coming months," the company said.
Probably Not -- British newspaper the Times reported Thursday that I-gaming gaming giant 888 could be targeting ukbetting for a possible takeover. 888 attempted to dispel rumors today, however, stating that the two companies are not in talks.