Sportingbet PLC sells U.S. operations for $1
 

OUCH - I don't know if somebody has already posted that,, ouch ouch..

Obviously the bill was nicely attached to our Homeland Security "Secure the Ports" law, blah blah blah

http://www.signonsandiego.com/news/t...ortingbet.html

They sold it for $1.00 to a group of private investors...They sold it to themselves, and will continue to operate the business in the US. The only reason public gaming companies pulled out of the US is because their shareholders, who took huge losses, will jump on the oppertunity to sue the company/directors for doing something illegal (e.g. operating in the US).

:2 cents:

wow that Diddy aint bad...

hmmm thats fishy...

I guess that group of private investors wasn't bidding for YouTube....

For $1, it was probably NOT an arms length transaction.

I'd buy it