Online gaming firms faced their biggest-ever crisis

[bizmanny]

http://money.cnn.com/2006/10/02/news/international/gaming_congress.reut/?postversion=2006100209

Do you see online gaming remained banned for more than 6-10 years on the land of free(USA) or is just vote winner for republicans coming next month election. Especially from their huge Christian conservative base in order to keep control of the house. Considering things are not going well in Iraq and Afghanistan. You opinion will be much appreciated.

 

[bizmanny]

http://money.cnn.com/2006/10/02/news/international/gaming_congress.reut/?postversion=2006100209

Do you see online gaming remained banned for more than 6-10 years on the land of free(USA) or is just vote winner for republicans coming next month election. Especially from their huge Christian conservative base in order to keep control of the house. Considering things are not going well in Iraq and Afghanistan. You opinion will be much appreciated.

I think online gaming industry will recover and if anything in 10 years time they will be bigger than ever. This is just temporary setback. What you thinks traders?

 

[Kentucky Shrub]

cant the yanks just bet via offshore bookies?

 

[anley]

bizm

I agree, gambling ain't going away. Right now or in the coming months is the time to blindly buy all gambling stocks but only if you've got a 5+ year outlook.

The fellas that run these firms aren't stupid, they'll recover from this knockback overtime and the industry will be bigger than ever. I don't know if it's true but I'de hazzard a guess that gambling is the world's 2nd oldest profession.

 

[bizmanny]

bizm

I agree, gambling ain't going away. Right now or in the coming months is the time to blindly buy all gambling stocks but only if you've got a 5+ year outlook.

The fellas that run these firms aren't stupid, they'll recover from this knockback overtime and the industry will be bigger than ever. I don't know if it's true but I'de hazzard a guess that gambling is the world's 2nd oldest profession.

I couldn't agree with you more. I think these stock will recover at least to tune of 50% of their value considering some of them have lost up to 80%. As long as you there for longterm.