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Of course many of the opinions are based on personal views and political perspectives, but one hard-nosed business assessment was published by the respected international analysts, brokers and business consultants Merrill Lynch, encouraging gambling companies by saying that an Obama victory could well lead to more open markets in the United States.
The broker said, “We think it could ultimately pave the way for online gaming regulation rather than prohibition,” highlighting Democratic moves by Congressman Barney Frank to repeal the Unlawful Internet Gambling Enforcement Act, introduced in October 2006 to prohibit the transfer of funds from financial institutions to internet gambling firms.
“We think that with a Democrat president and Democrat-dominated Congress, such legislation would likely have a greater chance of being passed. There have been separate acts to legalize internet gambling as well as those that particularly target poker and other games of skill.”
The prospect of freer markets across the Atlantic had an immediate impact, boosting Partygaming shares by 6.15 percent or 8p to 138p, and 888 Holdings, up 12.46 percent or 9.5p at 85.75p.
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