prty1 Jun 2008 20:26
The SP will not tank like you suggest. even if $1 billion is the figure it may be a price worth paying. Remember this will mean PRTY will be the only ones in the DoJ and US good books. So if US gambling is regulated, PRTY is likely to be the only ones accepted into the US market, and they can take whole advantage of the sector with the US firms. There is a chance they would probably give PRTY a distinct advantage in the deposits area allowing customers to use cards, paypal etc with them which is currently blocked for other companies because of UIGEA. Remember other such as 888 will have no chance in hell entering the US market unless it takes the route PRTY does. DoJ are ruthless, they make the rules and they decide who can enter or not. It is easier to fine dik**** & parasol than taking a company to court. dik**** & parasol would pay their $1 billion to deter a life sentence in jail, they made $7 billion from floating the company. Lol at other ceo's and founders thrown in jail and on house arrest, they got off quite easy considering it.