|Following the signing of the Port Security Bill by President Bush within the last few hours, the Speaker of the House has praised the passing of a bill which he describes as a ‘top priority’.|
J Dennis Hastert issued the statement shortly after the signing ceremony, but again failed to mention the attached Unlawful Internet Gambling Enforcement Act, which has so far passed without comment from senior government officials.
The statement read, 'Securing our borders is a top priority for House Republicans, and I commend President Bush for signing into law this important measure that will help secure America's ports. The Republican Congress demanded more security in America's ports and better screening of the millions of containers that enter this country every year, and the SAFE Port Act answers that call. The SAFE Port Act provides the funds to put in place a comprehensive strategy for protecting our ports, addressing potential threats before they are delivered here - in addition to providing new port systems that will improve container tracking capabilities.'
In other news, British based companies have begun to cash in their hands with news of the bill’s safe passage into law. Earlier in the day Sportingbet Plc announced the sale of its US facing casino and sportsbook to Jazette Enterprises for $1, with Leisure & Gaming following suit for the same token amount.
Meanwhile World Gaming Plc has called in administrators to the business after the resignation of its directors.
Sportingbet shares fell 13.4 percent to 56.25 pence ($1.04), Leisure & Gaming shares rose 3.1 percent to 8.25 pence (15.32 cents). World Gaming shares were suspended at 4 pence (7.4 cents).