PartyGaming Expects Boom to Continue
As reported by the Brocktown
News: "Thanks to the Internet and television,
poker exploded outside its U.S. homeland in
2005, and PartyGaming Chief Executive Richard
Segal sees technology boosting that boom further
in 2006.
"Internet
poker took a firm hold in 2005, sparking three
big London stock market flotations, generating
revenues of around $2 billion and launching
games and books that are now topping Christmas
lists around Europe.
"PartyGaming
takes about half of that $2 billion pot, and
it has big plans for further growth. The company
is assessing acquisitions and everything from
mobile phones to interactive television to access
more players.
"…After
a high-profile 4.6 billion-pound ($8.1 billion)
flotation in June, the owner of PartyPoker and
Starluck Casino saw its market value soar to
over 7 billion pounds.
"Cautious
words in a September trading statement sent
its shares into a dizzying fall, from which
it has finally recovered by taking a more aggressive
stance against its competitors.
"Next
year, PartyGaming plans to launch its new PartyCasino
site to run alongside its existing Starluck
Casino, as well as two new games…"
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