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PartyGaming posts solid growth, poker on the wane

6th July 2010 9:00 am GMT

With year-on-year revenue growth of approximately 28 per cent expected for the second quarter of 2010, PartyGaming said Tuesday in a pre-close trading update that while the World Cup has had a favourable impact on sports betting margins during the period, the adverse impact on other product verticals particularly poker has been greater than expected.

Using its new reporting currency the Euro, PartyGaming said that total revenues for the second quarter increased by 28 per cent [...]

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