Uncertaincy sees FTSE decline

Confidence in gaming shares was rocked today by charges laid against the operator BetonSports and its chief executive David Carruthers.

Uncertaincy sees FTSE decline
Tue, 18 Jul, 2006 - 18:20

Confidence in gaming shares was rocked today by charges laid against the operator BetonSports and its chief executive David Carruthers.

Party Poker owner PartyGaming fell by 17% in the top flight, while smaller company Sportingbet lost 35% of its value following the racketeering charges, which fuelled fears over the future of internet gambling in the US.

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CourtsBusinessFTSEPlace: USPlace: Middle EastPlace: Severn TrentPerson: David CarruthersPerson: Simon FoxOrganisation: FTSEOrganisation: BetonsportsOrganisation: SportingbetOrganisation: BSkyBOrganisation: Yorkshire WaterOrganisation: Southern EnergyOrganisation: Imperial TobaccoOrganisation: PartyPokerOrganisation: PartyGamingOrganisation: 888 HoldingsOrganisation: Carphone WarehouseOrganisation: British AirwaysOrganisation: BAOrganisation: CometOrganisation: Kelda GroupOrganisation: Capita GroupOrganisation: XstrataOrganisation: Sage Group
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