10.26.07
24% Up In Revenue For PartyGaming
U.K’s public listed and one of the most reputed online gambling firm “PartyGaming” showed a 24% growth in their revenues despite loosing major American market. Percentage of revenues came from casino’s, sports betting and then comes poker.
PartyGaming 3rd quarter net revenue totaled up $115.7 million that is £56.4 million in their local currency. The future of PartyGaming seems to be bright says the chief of the firm.
PartyGaming achieved average daily revenue of $1.26 million (£614,512) during the third quarter period.
The online gaming company further added that the number of new player sign ups was still 43% ahead of the same nine-month period in 2006.
10.15.07
PartyGaming On Sale
PartyGaming brand that holds many child companies under its belt like Party Poker, Party Bingo, Party Bets, Party Gammon has announced that they are interested in selling their company (PartyGaming), if they get a good offer.
According to source they are in talks with Las Vegas casino the big land based casino room in United States. But the question over here is if Las Vegas goes a head and buy’s PartyGaming, will these business men’s will force the U.S govt to legalize internet gambling or allowing banks and credit cards companies to accept bets online?. Who knows anything can happened.
PartyGaming lost more than 80% of their revenues due to UIGEA in United States which forced them too to stop accepting bets from American players.
