PartyGaming Plc. Celebrating Solid Earnings Call

PartyGaming Plc. announced a strong profit increase despite heavy regulatory pressure on companies in the online gambling industry.

The company reported a 47% increase in first half profit and expects to meet full-year estimates as well. New revenue is being attributed to the increase in new player signups at their website.

According to the financial report, PartyGaming Plc. is seeing over 3,000 new signups per day on their poker and online casino site. Hailed as one of the finest sites on the internet for online gambling, PartyGaming is mostly-known for their famous online poker site. Their poker segment makes up 88% of their overall revenues.

Other available games on their website include roulette, backgammon, and bingo. With the recent arrests and shutdown at BetonSports.com, many executives in the industry are wondering how long they can continue to operate in the US. PartyGaming Plc. has a strong following of customers from around the world, not just in the United States.

September 7, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com    Previous Page | Internet Gambling | Top Online Casinos | Submit News!