Online Casino Blog

Online gambling group Party Gaming has released its first half results, showing a 6.5% fall in operating profit, which management has attributed to competitive pressures and the consumer slowdown. However, the group offered the more encouraging news that trade in the last three weeks had been strong. In the three weeks to August 18, the average gross daily revenue was $1.9 million, whilst average active poker players totalled 51,000 per day. The group posted an H1,2009 operating profit of $60.7 million on revenues down 21% at $201.3 million for the six months to the end of June. Management recapped on  [ Read More ]