Update: Non-US Companies also Affected by DoJ Opinion

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December 28th, 2011
Back Update: Non-US Companies also Affected by DoJ Opinion

EU gambling firms’ stock prices grow asw well

The first reports that arrived of the impact that the U.S. Department of Justice (DoJ) opinion on internet gambling had on a number of prominent US gambling company stocks were amended this week with news that the positive impact did not affect only the US market, but European and British ones, too.

Some of the most notable boosts in stock prices outside the US were:

- bwin.party up 22.79 percent (has a relationship with MGM Resorts and Boyd Gaming)

- Playtech Ltd up 14.9 percent (in affiliation with Scientific Games through SciPlay)

- 888 Holdings up 9.03 percent, (involved in a deal with Caesars Entertainment)

- Ladbrokes up +3.34 percent

- William Hill +3.18 percent (bought Brandywine Bookmaking, a land-based sports betting operator in Nevada and Delaware and two other similar businesses in Nevada, listed American Wagering and the sports book division of Club Cal).

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