The founders of the three largest online poker sites were indicted by the FBI on Friday in what could serve as a death blow to the thriving industry. Eleven executives at PokerStars, Full Tilt Poker and Absolute Poker were charged with bank fraud and money laundering in an indictment in a NY court. Prosecutors are seeking to immediately shut down the sites, eventually send the executives to jail and recover $3 billion from the companies. Two of the executives were arrested on Friday morning in Utah and Nevada. Federal agents are searching for the others. The online gambling industry has taken off over the last decade, drawing an estimated 15 million Americans to bet online. In 2006 Congress passed a law prohibiting online gambling. Most of the leading sites found ways to work around the law using foreign banks, but prosecutors allege that in doing so they broke the law.
World Wrestling Entertainment (NYSE:WWE) shares are trading 8.96% lower at $12.29 after the company forecast Q4 profit, ex-items, of $0.10 per share, vs. consensus estimates of $0.17 per share, according to a Bloomberg report.World Wrestling Entertainment has a potential upside of 31.5% based on...