(PRESS RELEASE) - The online gambling guide, 777.com, is planning on publicizing daily news articles on the U.S. online gambling (http://news.777.com/online-gambling) situation. This follows a bill that was recently approved by the Senate, which makes it illegal for credit card companies and banks to accept money from U.S. citizens for online gambling and transferring money to the online gambling companies.
The turmoil caused by the new law, which will be valid when President Bush signs it, caused a major drop in stocks of online gambling companies such as Party Gaming and 888.com. These changes in the law and all the ramifications are yet unclear. Some companies might stop existing completely and some will probably continue their business under the new restrictions. Online gambling industry could find ways of legally going around the law, which only forbids processing payments through banks and credit card companies, and thus keep the American market in tact.
777.com (http://www.777.com/) is issuing daily reports on the ongoing situation as it unfolds in the website's gaming news (http://news.777.com/).
777.com's Marketing Director, Amy Gomez, says that the issue is of high importance to the gambling community: "This is a crucial time for online gambling and for the gambling community, especially those from the U.S., who are now suddenly unable to legally play online", Gomez declared and added, "The situation is dire for online gambling companies and the gambling community needs to be informed of what's going on and how this is going to unfold in the days to come."
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