FTSE down as Partygaming flounders

The online gaming firm dropped 57.94%, or 62p, to end the day at just 45p a share, after it said it is considering suspending its US business following the unexpected approval of the Unlawful Internet Gambling Enforcement Act of 2006 by US Congress. Rival gaming firms have also been hit with 888 down 26.11% to 108.25p, after it already suspended its US business, while Sportingbet slipped 64.18% to 66p, after it announced it has ended bid discussions with World Gaming, which dropped 75.98% to 15.25p. Mining firms did their best to keep the FTSE afloat, with Vedanta Resources posting the b...