Online Gambling and Poker company, PartyGaming, lost 75 percent of its revenue when it closed its US sites to comply with the new law enforcing a ban on Internet gambling. Chief Executive Officer Mitch Garber had this to say:

“Chaos breeds opportunity and we will seize that opportunity'’ Garber also said the following when he laid out the Gibraltar-based company’s strategy for European expansion, “The European Union is run in a way that favors our business'’.

The U.K., Italy and Belgium are looking to regulate Online gambling, rather than make it illegal, as players turn increasingly to the Internet. On Oct. 12, regulators told members such as France and Austria to stop discriminating against international bookmakers and casinos.

Italy next year will let companies offer internet lotteries, bingo and betting on sports or games of skill. The UK will begin licensing private Internet gaming sites in September. Belgium is working to change its legislation as well, and private companies are already allowed to offer sports betting in Austria.