Poker players boost online gaming firm

Online gaming group PartyGaming today reported a recent pick-up in trading as customers flocked to its poker and casino games.

PartyGaming said revenues for the three months to September 30 were 32% higher than last year at $220m (€182.6m) and that there had been a “material” uplift since then.

A flagship website launched exclusively for its nine million players contributed to an encouraging increase in poker revenues.

The group also said there had been a much stronger than expected response among its poker customers to the recent cross-selling of casino games.

Chief executive Richard Segal said: “We remain confident about the group’s prospects.”

The performance left PartyGaming confident about hitting revenues and earnings targets for the current financial year. Just last month, the firm unsettled investors with a warning about future growth and has seen its shares slide in value since then.