Empire Poker takes a hit

EmpirePoker.com shares took a 15% dive after the latest negative news regarding the Party Poker IPO that will occur on June 30. The US Justice Department made a statement that more or less says that it is illegal and subject to prosecution.

Empire Poker, uses the exact same software and makes most of its money from a white label website. The company`s share went almost 8% up for their 1st day in the stock market.

Noam Lanir, the chief executive for Empire said that "The placing and flotation on the alternative Investment Market market of the London Stock Exchange will enable us to consolidate and build on our rapid growth,".

Empire presents itself as a marketing company, that has white label and affiliate sites using the Party Poker platform.