Posts Tagged ‘online gambling b2b’

Party Gaming Reports Impressive Revenue Growth for 2009

Monday, February 8th, 2010
Impressive Revenue at Party Gaming

Impressive Revenue at Party Gaming

It shouldn’t be a surprise that Party Gaming’s 2009 End of Year report shows a massive 32% increase in sales revenue. Being one of the more popular names and brands in the online gambling industry, not to mention the fact that online gambling hasn’t really taken that much of a loss in spite of the 2009 recession, or rather, economic crisis, I personally would not have been surprised if Party Gaming reported even higher earnings. Such is the life of big online gambling giants, no matter if they’re in the U.S. market or not.

Party Gaming’s third quarter’s revenue topped in at $100.4 Million, while the last quarter alone saw a 32% increase, topping $132 Million. Much of the increase in revenue is being attributed to a new online bingo and online casino operator in the Party Gaming network, while the vast majority of the revenue itself has been generated by Party Gaming affiliates (no surprise there).

With the addition Cashcade Limited and implementation of what Party Gaming likes to call “effective promotions” (meaning larger bonuses) and better loyalty rewards (all thanks in lieu to increased competition), Party Gaming was able to recapture the #1 spot in the world for poker liquidity (non U.S. facing) and increased player retention levels. This was a risky move, to say the least, but ended up paying off huge, resulting in 7% more active player days from Q3 and 24% more activity than the previous year.

2010 is already looking promising for Party Gaming with the integration of Cashcade and the World Poker Tour right on schedule. Party Gaming execs also remain hopeful that the introduction of online casino games, poker and bingo in the Italian market during the first half of 2010, online gambling liberalization in France (slated for the second half of 2010) and Denmark (2011) will bring another surge in revenue to Party Gaming throughout the next couple of years.

On another note, Party Gaming has appointed former Chief Executive Officer and Director of Mangas Gaming Malta Limited, Per Widerstrom, as Chief Operating Officer. With a wealth of experience in the online sports betting sector, perhaps that is a direction that Party Gaming is hoping to ramp up even more in 2010?

Wild, Bacchanalian Sex Games and Online Casino Gambling

Monday, February 1st, 2010

Fire and Ice Party 2010

"Sex, Depravity and Anarchy will rule into the depths of the night"

The International Gaming Expo is one of the largest and most attended gaming conferences and expos all year. Now, I didn’t necessarily say it was one of the best, for depending on who you speak to, IGE can something be a hit or miss. Being that IGE is so large it can be easy getting lost in the sea of gaming BSB so to speak, catering to everything from brick’n mortar casino slots to backend payment solutions for online casinos.

It makes sense then that a distinct networking party just for the online gambling community has taken place at IGE over the last several years. Called “Fire & Ice”, the massive networking party (which generally has less networking than partying) primarily caters to online gambling affiliates, yet brings together everyone from online casino operators to media suppliers. The latest of these party’s is just now winding down – the after parties that is 🙂 – having went down at London’s Stable’s Market in Camden Town last Wednesday, January 27th.

As usual, Fire & Ice 2010 was organized by Lyceum Media, but this time around received help from Calvin Ayre – the dynamic duo did a tremendous job hyping up the Bacchanalian themed party in the final weeks leading up to the IGE in London. Needless to say, Fire & Ice has come a long way since its humble beginnings in 2002 with less than 100 online gaming professionals in attendance.

And while the tone of the party has always been one of “balls to the wall”, most attendees will agree the 2010 Fire & Ice was one of the wildest and most decadently extravagant yet. Lyceum and Mr. Ayre certainly had a lot to live up to considering the press release for the party went, “Mere imagination cannot prepare you for what’s in store. Sex, Depravity and Anarchy will rule into the depths of the night, provocative dark twists will unfold and reveal what made the Romans ban the Bacchanalia thousands of years ago.” Now, does that sound like a party or what?

I’ve certainly been to my fair share of online gambling affiliate parties. Montreal and Amsterdam take the cake, if you ask me. And the truth of the matter is that many of these networking parties are less exciting than a 50 year high school reunion. Now, I wasn’t at this year’s Fire & Ice (God knows the affiliate managers were hunting us down), but I do have to say that judging from the feedback, it looks like it was a good time.

By the looks of the pictures now posted on Lyceum Media’s website (http://www.lyceummedia.com/?page_id=16) a good time was indeed had by all, although I’m sure the best of the best good times were had out of the view of media photographers if you know what I mean. Let’s face it. In the end, the Roman deity wine and revelry, Bacchus, was quite pleased. The booze flowed like a river (thanks to sponsors GTECH G2, Cake Network, Bluff Europe, Intralot Interactive and Lyceum), there was dancing from the floor to the roof (ala aerial acrobats and a live cabaret), and plenty of sexy Bacchanalian babes adorning London’s pristine Gilgamesh Bar. Man, I wish I was there after all. Oh well, knowing Lyceum, they will probably come up with something even better next year.

Will Hill Online Calls Bingo for Virtue Fusion Alderney

Friday, January 29th, 2010

virtuefusion_williamhillIf William Hill Online ever had any reservations about staying in the online bingo industry, they certainly don’t anymore. As of this week, Will Hill has extended it’s agreement with Virtue Fusion Alderney – an industry leading licensor of online bingo games and thriving bingo player network. A deal equally serving both companies, the relationship means that Virtue Fusion will get to continue boasting the respected Will Hill brand as one of its clients and that Will Hill players will have access to a large pool of tournaments and popular bingo games like “Deal or No Deal”. So, to capitalize on the opportunity to use a pun, I guess you could say the “deal” went down once again.

Will Hill, which is one of the oldest and most reputable gaming brands in the UK (now licensed in the premier regulatory jurisdiction of Malta – Malta Lotteries and Gaming Authority), has long been associated with providing fixed odds bookmaking services. Their launch, last year, of a Playtech Software powered online casino and the Will Hill Online business entity as a whole, ushered in a new direction for Will Hill, now resulting in a strong online presence across the boards, including a 70% asset share with Playtech. Not only is Will Hill into sports betting, bingo and online casino games, they also offer an arcade and Vegas Casino subdomain, live dealer casino, skill gaming and lottery.

If you ask me, it all gets a little confusing. For what we are concerned with here at Online Casino Suite, however (being that we specialize in reviewing online casinos), we like to tell UK and European players about the William Hill Casino Club, which is the aforementioned Playtech-powered online casino with the best free cash bonus offers Will Hill Online has to offer. As opposed to a £100 welcome bonus and £25 no-deposit offer (which is offered through WilliamHill.com), Will Hill Casino Club (www.williamhillcasino.com) offers a £150 welcome bonus and £30 no-deposit bonus.

As for Virtue Fusion, well, they have been doing some serious expansion of their own. Not only is Will Hill a major client in their network, Ladbrokes and the ever popular Virgin Gaming (which operates the UK favorite, Virgin Online Casino), are tapped into Virtue’s platform of 30,000+ players (7,000 peak concurrent players; 1,001 concurrent players at time of publication) generating over 100 Million Euros in stakes per month. Adding to their good name, Virtue Fusion is licensed and regulated by the UK white-listed Alderney Gambling Control Commission.