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PartyGaming Q3 net revenues up 24 pct on year before; confident on FY prospects


Published : Thu, 25 Oct 2007 07:08
By : Agencies
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LONDON (Thomson Financial) - PartyGaming PLC, the UK-listed online poker firm, reported a 24 pct increase in third quarter net revenue compared with the previous year and said it is confident about prospects for the full year.

Third quarter net revenue totaled 115.7 mln usd, including a 3 pct reduction in poker revenue to 74.8 mln usd, a 158 pct rise in casino revenue to 36.7 mln usd, and a 91 pct increase in sports betting revenue to 4.2 mln usd.

Compared with quarter two, total revenue rose 5 pct, with poker up 3 pct, casino up 3 pct, and sports betting up 100 pct.

The company said it remains confident about prospects for the full year and beyond.

tf.TFN-Europe_newsdesk@thomson.com

msc

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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