Online Poker Trips Over its First Hurdle
Filed in archive Poker on September 6, 2005
Partygaming PLC, the online poker giant that runs partypoker.com, saw a 30% freefall in its shareprice today - despite announcing a boost in profits and a huge increase in its revenues.
The company predicted that current growth rates will slow down considerably - calling them 'unsustainable' - and despite seeing a 73% increase in player sign-ups, reported a decrease in overall yield per player
This news comes just in time for investors to decide about the upcoming 888.com floatation - posing the question as to whether the City's love affair with online gaming stocks may finally come to an abrupt end
Article: Fears for online gambling stocks

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