Stock Price of GAMING GIANT BWIN Increases - Why?

The stock price of BWIN, a gaming mammoth, has increased by 20% on the turmoil of US legislation because the investors thing that this will bring great opportunity for BWIN. Know more from Bwin Shares Up 20 Percent on US News.

Highlights:

• Today was the first day that the stock market was open after the US Department of Justice confirmed the legislation that had been used against gaming companies only applied to Sports Betting and not in relation to online poker, bingo and casino games.

• Investors now see the door wide open towards new laws in the near future allowing gaming companies to target the US markets. Industry experts expect the US government to quickly review legislation to avoid rogue gambling operators posing a risk on problem gamblers. Given the economic problems in the US and the rest of the world law makers are likely to follow other governments in implementing secondary licenses to increase tax revenues.