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The Pick of Online Poker Stocks

by James Hollins |  Published: Jul 01, 2010

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In April UK investment bank and advisors Daniel Stewart & Company published a gambling sector note with its opinion on moves to regulate online poker in the U.S.. Daniel Stewart analyst James Hollins explains how the market views these proposals and gives his pick of the Europe’s online poker stocks and the potential upside for shareholders in a post-Unlawful Internet Gambling Enforcement Act world. Legislation We are hearing from a number of sources that Senator Harry Reid, the Democrat Senate Majority Leader from Las Vegas, is rapidly preparing a Federal Bill that will look to regulate and tax online poker in the U.S.. We are led to believe that the proposed Federal legislation will encompass just online poker (not casino and certainly not sports betting). We would expect the Bill to be broadly based on several other Bills already put forward by long-standing advocate of regulation, Democrat Representative Barney Frank ...


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