Oct 3, 2006 / 10:29am / in Equities, Europe, Gambling, Gaming, International Investing
After Fridays legislative sneak attack on the online gaming industry, stocks in the sector got slammed across the board. Yesterday PartyGaming, Sportingbet, and 888 Plc all lost at least half their value. Besides the gaming companies, payment processors also took a hit. NETeller and FireOne Grp. both saw declines of more than 50%.