May
11th

Today it was announced that negotiations for a possible change of ownership of the group online gambling Sportingbet to Internet bookmaker Australian BWIN ended by mutual agreement.

Confrontandosi with regulatory uncertainties in Europe, and the announcement of online gambling in the United States, public and private enterprises have encountered many problems for companies that are trying to consolidate its operations in order to increase growth.

The Sportingbet has left the market in October 2006 when the United States has spent the UIGEA which caused a big reduction in profits. In April, the bookmakers sportingbet withdrew negotiations with the 888.com partly for fear of legal prosecution by the United States.

The effect of the law gambling on the internet U.S. is now hitting the merchant community and shareholders of public companies. Many shareholders have become victims of law because of protectionist tactics imposed by the government. This protectionism has caused the collapse of equity values of public companies bwin since the law was put into force.