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More Growth for PartyGaming's Betting Revenue

Shareholders of PartyGaming are in good spirits after hearing news of the company's end-of-year earnings.  Even after the brief scare in the third quarter caused by a lull of poker players, PartyGaming has managed to jump back on top of its game and hold the title of world's largest internet betting and online poker room operator with pride and dignity.

Just since the third quarter, PartyGaming saw daily poker revenues increase by 14%, while that of betting revenue from newly added casino games like blackjack rose seven times as much.  And with 9 million players still hitting it up strong in all of Party Gaming's online betting facilities, it looks as if the near future is just as promising as has been Party Gaming's past endeavors.

Besides the companies move to bridge over into forms of betting other than online poker, many analysts are attributing PartyGaming's financial success to its decision to upgrade its software platform, while excluding marketing partner Empire Online.  And despite the fact that Empire is taking the poker giant to court for breach of contract, Party Gaming is remaining quite optimistic that it has done nothing wrong, and is in no jeopardy whatsoever of having to payout any sums of money to Empire.

Controlling more than half of the online betting/poker industry, Party Gaming has made it a quest to sign up 800,000 new players for the year.  And with nearly 2,500 new players signing up everyday, it looks as if that goal is not far away.

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