Q: In regards to the sudden for Amaya, I'm not entirely certain but it may be due to a federal appeals court on Tuesday overturned New Jersey's sport betting law for the second time in two years, saying federal statutes forbid gambling on college and professional sports except in a handful of states, which may impact any future plans Amaya had in this area.
http://www.philly.com/philly/business/20150826_Federal_judges_overturn_N_J__sports_betting_law.html
Seems to me investors' panicking is overblown on this one and the market in general.
http://www.philly.com/philly/business/20150826_Federal_judges_overturn_N_J__sports_betting_law.html
Seems to me investors' panicking is overblown on this one and the market in general.