The online gaming firms bwin.party and Playtech both jumped more than 20% on Wednesday following a US government ruling on gambling.
After the close in London on the 23rd the US Department of Justice handed down a decision which implied that the so called "Wire Act", which prohibits certain forms of betting, may not apply to online gaming.
International online betting firms have been excluded from the lucrative US market precisely because it was felt they fell under the scope of the Wire Act.
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If they are allowed to re-enter the United States market it could give them a huge boost in revenues.
At the close bwin.party had climbed 20%, Playtech was up 15%.
BS
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