PartyGaming bets on bumper year
Waves blackjack at punters
Posted in Financial News, 8th December 2005 10:39 GMT
PartyGaming said today that full year results will likely be ahead of expectations after punters flocked to its newly launched virtual blackjack tables.
In a trading update for the two months to 30 November, the online gambling firm said “the increase in revenues following the [October] introduction of blackjack to our PartyPoker.com customers has been substantial and has exceeded our expectations.”
It said its number of unique active players jumped from 443,000 in September to 487,000 in November, while average daily gross poker revenues during the period were $2.67m, 14 per cent up on the third quarter and 32 per cent up on the year. Blackjack accounts for between $800,000 and $1.2m a day.
As a result, PartyGaming expects both full year revenue and EBITDA before share options and IPO costs to be ahead of market consensus expectations.®
Extended Validation
Ten Cooling Solutions to Support High-Density Server Deployment [WP42]
Spam Spikes: A Real Risk to Your Business
Enabling the Data Center Metamorphosis
The Perfect (Virtual) Marriage

Netbooks and Mini-Laptops
Emails show journalist rigged Wikipedia's naked shorts
Yours truly, angry mob