888 brushes off US legal concerns
Life is a lot easier when you've just reported a 16% increase in annual profits. 888.com announced its pre-tax profits to Dec 05 totalled $50.2m. Not bad for the casino giant.
However, the press is more concerned with recent developments in the US where a bunch of congressment with too much time on their hands are trying again to get a bill through that would ban online gambling. The bill has now moved to the House floor for consideration.
But 888 don't think it will go through - but even so, has worked to move its current playerbase from the US - although it still takes as much as 55% from American players.
888 aren't the only ones though that thinks this way. Seems as if there's going to be plenty of opposition to the new gambling bill. Lets hope the US sees the sense in that sooner rather than later
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[Source: Betting Casinos Poker::UK Gambling Blog]
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