Party Gaming On Course for Favourable 2009

30th December, 2009

The company behind one of the best uk casinos and best uk poker rooms have revealed some favourable figures, with revenues on track for the remainder of 2009.

Party Gaming, the FTSE100 company behind brands such as Party Casino and Party Poker, have stated that it expects revenue to be in line with predictions, despite the first nine months of 2009 seeing falling figures.

With their Fourth Quarter results due on February 3rd 2010, a spokesman for Party Gaming stated that they expect to announce full-year earnings that are 'slightly ahead' of expectation...

'As indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals,'

'Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal US-facing sites and the difficult macroeconomic climate.'

'Our casino business has also continued to perform well on the back of new games launched on PartyCasino.com as well as higher jackpots with the most recent Mega Gold jackpot paying out close to five million dollars to the lucky winner earlier this month.'


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