Today PartyGaming Plc announced that it’s Board had decided to cancel the company’s interim dividend that was due to be paid on 31st October 2006.

This follows the decision to suspend all real money gaming with American residents following the legislation of the Safe Port Act, which will enact a ban on online gambling within two weeks.

By canceling the interim dividend, PartyGaming hopes to be able to take advantage of the “many attractive opportunities in the sector that will emerge in the coming months,” it said in a statement.

It was also announced in the statement that the board would review the “appropriate dividend policy for the ongoing Group.”