Online Gaming Shares Dropping All Over the World
Shares in Canadian online gambling companies fell yesterday amid fears a U.S. crackdown on Internet gaming may spread.
Shares in software firm CryptoLogic Inc. tumbled $2.69 to $22.19 on the Toronto Stock Exchange, while Fun Technologies Inc., an online gambling firm, was down five or at $5.35.
Shares in Las Vegas From Home.com, or LVFH, the parent company of Action Poker Gaming Inc., were off three cents at 17 cents on the TSX Venture Exchange. Vancouver-based Chartwell Technology Inc. ended the day unchanged at $2.37.
The declines followed news 11 people were charged with conspiracy, racketeering and fraud in the United States.
July 19, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com
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