gambling

PartyGaming's Numbers Soar

Filed in archive Poker on January 27, 2006

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After stumbling through their first few months on the london stock exchange, Partygaming finally announce the numbers most investors expected.

- Sales up 65% to $320 million
- Over 220,000 new players in the fourth quarter - largely non-US to try to detract the negative press, US dependency and legal issues
- 600% increase in casino sales to $82 million - predominantly because of blackjack being available to its poker site

Shares still fell - due to profit-taking - but finally the juggernaut that is Partygaming appears to be back on the move

Article: PartyGaming signs record number of new playersRelated Entries: Party Poker Floatation Could be Worth 2.3 billion- Partygaming PLC: 11% increase for First Day of Trading- Online Poker Trips Over its First Hurdle

Permalink: PartyGaming's Numbers Soar

Tags: partygaming  profits 

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