PartyGaming Slump
by Kay Murchie
PartyGaming, the world’s biggest online poker firm, made a half-year pre-tax loss of £23.4 million. The fall, due to the US online gaming ban, compared with profits of £159 million in the same period in 2006.
The group has asked the US government if it faces fines for taking bets before last October’s crackdown.
PartyGaming was founded in 1997 and is the world’s leading listed online gaming company. The group offers a variety of games through an integrated Party-branded platform and through a number of secondary brands.
The group’s key gaming sites include PartyPoker.com - one of the world’s largest online poker rooms and PartyCasino.com - one of the world’s leading online casinos. In addition, the group offers online bingo through PartyBingo.com, online backgammon through PartyGammon.com and sports betting through PartyBets.com and Gamebookers.com.
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