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PartyGaming back in profit but poker slump continues

3rd March 2011 9:41 am GMT

Despite further declines from the company’s online poker product, PartyGaming plc has reported a 15 per cent increase in total revenues to €357.3m for the year ended December 31st 2010, following strong growth in casino and sports betting, as well as a full year’s contribution from Cashcade and WPT.

Revenues from poker fell by 8 per cent to €125.9m which the company attributed to the continued competitive pressures from U.S facing sites as well as a [...]

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