Party Gaming Posts Impressive Performance

04th February, 2010

The leading online gaming company Party Gaming has revealed impressive performance in the last quarter of 2009, thanks to their online casino, Party Casino.

Revenue for the Gibraltar-based group tipped the scales at $132m in the last three months of 2009, a rise of 32% on the previous quarter.

Success stories included the performance of one of the best UK casinos, Party Casino, as well as the acquisition of Cashcade, whose brands include Get Minted, Posh Bingo and Foxy Bingo.

A spokesman for the online gaming group said the casino in particular profited from a large online casino jackpot winner, who went on to plough back $2m of his $5m winnings.

Party Gaming's most famous brand, Party Poker also saw a rise in revenues, bucking recent trends, with revenue of over $49m.