Gaming VC a winner from EC ruling

Companies: GVC   
09/03/2007

News that the European Court’s latest ruling on betting and gaming – which stops Italy from banning online gaming companies legally authorised in other EU states from operating in the country – gave another push to Gaming VC shares, which now trade at 129p compared with a recommendation price here a month ago of 93p. Gaming VC’s big market is Germany where the Bundesländer have been trying to ‘do an Italy’. That would be in contravention of the European advocate general’s ruling, which the European Court has now upheld. Continue to hold.


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