Gambling boss selling firm to rival company

Wednesday December 27, 2006

Noam Lanir, publician of the Empire Online Ltd, will sell his remaining shares influence the gambling company to rival Party Gaming for USD 40 million.

The sale deal adumbrate PartyGambling, the cosmos's largest operator of gambling Lacework sites, is expected to represent finalized by the boundary of the time.

"Experts oral Lanir's adjudication is a signal that the two remaining Israeli online gambling companies traded on the London Stock Exchange, 888.com and Playtech, will act as selling their shares influence the approaching over US law banning online gambling.