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Bad news for World Gaming shareholders as the company has just announced that it is to file for administration, a direct response to the US online gaming ban that looks all set to be passed later today.
World Gaming, based largely in Antigua, generated the vast majority of its revenues from the US. The company suspended its shares on 9 October, pending a decision on its future.
The fallout from the US' move to ban online gambling has continued with the news that shares in World Gaming have been suspended.
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