PartyGaming has just released the latest quarterly earnings report. In this report it shows slightly down numbers compared to last year's report and the poker section of PartyGaming is the main reason for this.
In the recently released quarterly earnings report for 2008, PartyGaming announced a reduction of 15% in poker earnings to about $65 million. The latest numbers do not fully capture the recent relaunching of the PartyPoker site, which was the world's largest poker room until the end of 2006 when they had to leave the US market for its publicity traded status.
Partygaming however have hope for the future as they have signed a deal with UK broadcasting company ITV which will promote their bingo, casino and other games more so they can make up for some of the looses they have had since the end of 2006 when they had to leave the US market with a market value of $7 billion (today only in the 400-500 million range). PartyGaming also hope for a more relaxed and friendly business environment with the new Obama administration.
......... i love you guys ! lolll
