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Online Casino News - PartyGaming Sees Numbers Soar

PartyGaming Sees Numbers Soar

by Edward Rogers, News Staff Writer

October 26, 2007

PartyGaming, the parent company of thriving online casino site PartyPoker.com, reports that their numbers are on the rise. Reflecting an overall worldwide increase in the number of people interested in gambling at online casinos, the poker-centric internet casino states that it has witnessed an overwhelming increase in the amount of online gambling players patronizing the site over last year’s numbers – a full seventy percent! It was a good third quarter in general for PartyGaming, which boasted total third quarter (July 1st – September 30th) revenues of over one hundred fifteen million dollars.

News of the online casino’s booming progress was undoubtedly glad news to PartyGaming execs, who took a major gamble of their own this year by purchasing Intercontinental Online Gaming and its subsidiary internet casino, Empire Online, for a cool sixty-six-point-six million dollars. By all accounts, all of PartyGaming’s online assets – new and old alike – are doing well, contributing to impressive revenue gains over last year’s third quarter. A company spokesperson discussed what trends PartyGaming has seen over the last year. Apparently, online gambling fans are going bananas for roulette. Blackjack used to be very much in vogue, but many online casinos are now steering players towards more lucrative choices, of which roulette is one.

Poker’s red-hot popularity also seems to have cooled a bit, as PartyPoker online casino saw poker revenues drop by three percent. With the sudden lack of American internet casino players (due to draconian online gambling laws in the US), however, that was not entirely unexpected. New player sign-ups dipped as well, but most online casinos don’t see as many new players during the third quarter as they do during other times over the year.

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