Casino companies waiting for U.S. | IXGAMES
New regulations would bring William Hill, Ladbrokes and Party Gaming back to the U.S., and it could cause a major stock boost to casino companies worldwide. That is according to stock analyst, Peter Fruelins. We could see a substantial increase in US casino company stock if regulations are put in place. There is also a chance that these regulations would open the door for many other foreign gambling companies. That is where President Obama and his new administration come in. If the new power in Washington decides to follow their beliefs and regulate the Internet gambling industry in the US, it could create quite a shake up for stocks of online casino operators. The place where these US companies can make up ground would be if Internet gambling regulations became a reality. Experts believe this could change the balance of power, even though the companies are traded in different areas of the world. *If companies such as Wynn, MGM, and Las Vegas Sands could suddenly add online casinos to their repertoire, that would certainly up the ante as far as their stock prices go,* said Fruelins. With all the transitioning taking place in the US, the dust must first settle before the impact can be seen in casino stock prices, but for now, all parties involved have their fingers crossed for government regulations in the near future. The future of the UIGEA should take shape over the coming months!! Regards ixgames