There's more bad news for online poker investors, as once again big guys on the block announce less than favourable statements to the City.
This time Partygaming – who traditionally allowed 'skinned' poker rooms to its big clients, such as Empire Online – who in return would market their site to new players – providing Party Poker a profitable and useful channel of recruitment. However, Party Poker have essentially announced an end to 'skinned' poker rooms – saying that they would no longer allow players from these sites onto their tables.
This put Empire Online's shares onto a downward spiral on Monday, who added to poker's woes by announcing a slowdown in sign-ups over the summer.
Consequently, it puts Partygamings share price at an alltime low – perfect for those investors looking for a potential steal – or could more negative announcements be on the horizon?
Article: Partypoker move hits Empire stock