Parlay Entertainment
Description: Canada-based online bingo software developer.
Share Value (Pink Sheets)
July 14: 1.45
Aug. 31: 1.38
Current: 0.65
Change (7/14 to present): -55%
US Betting Policy
On Oct. 3, Parlay announced that while 60 percent of its revenue is generated from U.S. dollar deposits into their customer Web sites, the company "… continues to anticipate that the majority of its growth will come from its United Kingdom and European-facing customers," it said in a statement.
Partygaming Plc
Description: Gibraltar-based online gambling company and poker brand.
Share Value (LSE)
July 14: 109
Aug. 31: 114.25
Current: 30
Change (7/14 to present): -72%
US Betting Policy
On Oct. 13, Partygaming announced its plan to immediately suspend all "real-money gaming activities" for U.S.-based customers. Its play-for-free Web sites, however, will still be available to customers in the States.
Playtech
Description: Online gaming software provider.
Share Value (AIM)
July 14: 310.50
Aug. 31: 278
Current: 182
Change (7/14 to present): -41%
US Betting Policy
On Oct. 6, Playtech announced it would stop licensing its software to existing and future operators who accept bets from U.S.-based players following the enactment of anti-Net gambling legislation in the U.S.
Sportingbet Plc
Description: Online sports betting, casino and poker company.
Share Value (AIM)
July 14: 324.25
Aug. 31: 245.75
Current: 46.25
Change (7/14 to present): 85%
US Betting Policy
Just hours before the I-gaming ban was enacted, Sportingbet announced the sale of its U.S.-facing operations for a nominal $1 to Antigua-based Jazette Enterprises. The sale will reportedly wipe $13.2 million of debt off Sportingbet's books and spare the company an estimated $14 million in closing-related expenses. Sportingbet, which did 60 percent of its business in the United States prior to the sell-off, said it will maintain its European sports betting, casino and poker businesses and its Australian sports betting business. It also retains control of Paradise Poker, which will no longer service play from U.S.-based customers.
Sportswinbet Ltd.
Description: Investment company with interests in the I-gaming industry.
Share Value (AIM)
July 14: 67.75
Aug. 31: 67.50
Current: 55
Change (7/14 to present): -19%
US Betting Policy
On Sept. 28, Sportswinbet announced that, due to "serious concerns" about the viability of the I-gaming sector and the unstable regulatory environment, it has broadened its search for acquistions into "other areas."
Sungold International Holdings Corp.
Description: Develops entertainment and e-commerce business in Canada, the U.S. and internationally.
Share Value (OTC)
July 14: 0.13
Aug. 31: 0.12
Current: 0.07
Change (7/14 to present): -46%
US Betting Policy
On Oct. 5, Larry Simpson, President and CEO of Sungold's subsidiary Horsepower Broadcasting Network (HBN), said: "The Unlawful Internet Gambling Act of 2006 recently passed by the U.S. Senate could be quite positive for [our business]." "The good news is that horseracing is exempt from this ruling," he added.
World Gaming Plc
Description: U.K.-based I-gaming software and e-business services group.
Share Value (AIM)
July 14: 122.25
Aug. 31: 75
Current: 8.5 (as of Oct. 9)
Change (7/14 to present): -93%
US Betting Policy
On Oct. 9, shares of World Gaming were suspended at the company's request, after the looming U.S. ban, and its effect on stock value, made trading too difficult to continue. "[The directors] have requested that the trading of the company's shares be suspended with immediate effect due to a fundamental uncertainty over its ability to continue trading," the company said in a statement.
World Poker Tour Enterprises, Inc.
Description: Media and entertainment company.
Share Value (NASDAQ)
July 14: 5.15
Aug. 31: 3.90
Current: 4.17
Change (7/14 to present): -19%
US Betting Policy
On Oct. 17, World Poker Tour Enterprises (WPTE) said it expects continued growth in the U.S. poker market despite the recently passed prohibitive I-gaming legislation. "The Justice Department has been very clear that it believes online gaming to be illegal in the United States and our policies have been tailored accordingly," said Adam Pliska, WPTE's general counsel, in a statement.
YouBet.com, Inc.
Description: California-based online race betting and content provider.
Share Value (NASDAQ)
July 14: 4.63
Aug. 31: 3.95
Current: 4.42
Change (7/14 to present): -.04%
US Betting Policy
On Oct. 13, YouBet told its shareholders that the Unlawful Internet Gambling Enforcement Act of 2006 exempts the company, as well as other advanced deposit wagering companies in the horseracing industry from Internet gambling prohibitions. "[The passage of the legislation] is good news for racing and for YouBet.com," the company said.