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Shares in London-listed online betting firms surged after some big poker websites in the US were shut for alleged illegal activity.
In early afternoon trading Bwin were up more than 34% and 888 up 24% as investors speculated that the US closures would boost their operations.
On Friday, 11 people linked to three major poker sites were charged with offences, including fraud.
The US probe involves three sites: Full Tilt, PokerStars, and Absolute Poker.
According to Execution Noble analyst Geetanjali Sharma: “The closure of the main competitors’ operations and the US legal proceedings initiated against them should benefit European listed operators.”
Playtech, another gaming site, also saw its shares jump 11%.
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Shares in gambling firms surge