Gaming collapse sparks debt worry at World Gaming

The misery for internet gambling firm World Gaming continued today after it admitted it was struggling to deal with its $23m (€18m) debts.

Gaming collapse sparks debt worry at World Gaming
Wed, 04 Oct, 2006 - 10:24

The misery for internet gambling firm World Gaming continued today after it admitted it was struggling to deal with its $23m (€18m) debts.

Shares in the London-based company tumbled by around a third when it told the stock market that “it may be in technical default of its loan conditions” because of new anti-gaming laws in the United States.

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