|
PartyGaming Profits From Non US Countries
 September 10, 2006, 12:00 pm (5 years ago)Being the operator of the world's biggest poker website, PartyGaming has conveyed a strong message to the online gaming world. It warns that industry uncertainty prevails after the BetOnSports calamity and this could linger for years to come. Wait. That’s not all.
Since PartyGaming announced increased revenues in markets outside of the United States by 151 percent, the above message doesn’t seem to entail too much cause for concern. The news of enhanced profit will be welcome news to the operators who are excitedly exploring up-and-coming non US markets.
PartyGaming’s revenues excluding America, rose to $149.8 million against a group revenues swelled in the first half of 51 percent to $661.9 million. The poker sites made revenues of $502.7 million. The newly launched casinos brought in $159.2 million.
With forty two per cent of sign-ups in the second quarter from non US markets, the number of customers being signed to its sites rose by 19 percent to 519,532. Because of sturdy expansion of its internet casinos, the company’s pre-tax profits during the six months to the end of June increased by 47 percent to $380 million.
A statement from PartyGaming says, “The board believes that a proper regulatory framework, like that being developed in the UK, is the most sensible way forward but also that the regulatory position in a number of countries is likely to remain unclear for many months and possibly years to come.”
The message is clearly on the wall. Leader leads. Mass follows!
Automatic Translation
|
Comments (0)
