Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

IGT is shutting down its European online poker ops due to regulations that barred users in some...

  • Tuesday, September 18, 2012, 5:56 PM ET
    IGT is shutting down its European online poker ops due to regulations that barred users in some nations from playing against users in other nations. The move comes only a year after IGT paid $115M to acquire European online poker concern Entraction Holding; the company still plans to offer online bingo, slots, and sports betting on the continent. IGT's about-face could spell trouble for Zynga (ZNGA), which is prepping a 1H13 international online gambling launch.
Track new comments on this story

This news story has 2 comments:

  •  
    Less competition for Zynga maybe?
    18 Sep 2012, 06:05 PM Reply Like
  •  
    Perhaps. But if they have to deal with the same regulations, it'll be a major headache.
    18 Sep 2012, 06:10 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »