The US Senate has recently (today) approved this new radical law that limits or outlawing the online gambling, which managed to create a massive lost at online gambling companies' shares at the London stock market. The new proposal that requires the president's signature will outlaw credit card validation and payment to online casino sites. By this news, companies have lost a big amount of % from their shares. Example would be the company 888.com who lost around 26+% from their share prices and that announced that it will stop its activities in the US.

Not only online casinos has been effected by this move, but also online gaming companies who have been lost big amount of % from their shares by this announcement. Example would be Playtech who lost around 47% of their share price. PartyGaming has lost round 57% of its stock shares and lost (estimated around 2 milliard sterling) at a stock market day.

It is the story of the year! A lot of online casino sites will be shutdown due to share lost or bankruptcy? No one knows, we all know that this latest news (though not yet fully approved by the US President) will drag this online gaming community to its lowest level and will take out players and investors as one). The US is one of the main source for online gaming and gambling, and due to this effect a lot of chaos in this business is about to happen. Are we going to see online gambling gets its grounds again in new countries? Will investors return? This of course will be answered by time.