Sportingbet sells off US-facing websites

11 Oct 2006

LONDON, England -- As reported by the Guardian: "Sportingbet is selling its US-facing websites before George Bush signs into law legislation which will stop banks facilitating online gambling.

"Within days, it will close down these sites, which generated 62% of Sportingbet's gross win, if it cannot secure a deal. Sportingbet is the largest sports betting service in the US and the third largest online poker group.

"Several approaches, believed to be from private operators, have been made for the US business but Sportingbet warned they were unlikely to result in significant cash proceeds..."

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	Sportingbet sells off US-facing websites 11 Oct 2006 LONDON, England -- As reported by the Guardian: "Sportingbet is selling its US-facing websites before George Bush signs into law legislation which will stop banks facilitating online gambling. "Within days, it will close down these sites, which generated 62% of Sportingbet's gross win, if it cannot secure a deal. Sportingbet is the largest sports betting service in the US and the third largest online poker group. "Several approaches, believed to be from private operators, have been made for the US business but Sportingbet warned they were unlikely to result in significant cash proceeds..."