PartyGaming Expects Boom to Continue - Saturday 24th of December 2005

LONDON – As reported by the Brocktown News: "Thanks to the Internet and television, poker exploded outside its U.S. homeland in 2005, and PartyGaming Chief Executive Richard Segal sees technology boosting that boom further in 2006.

"Internet poker took a firm hold in 2005, sparking three big London stock market flotations, generating revenues of around $2 billion and launching games and books that are now topping Christmas lists around Europe.

"PartyGaming takes about half of that $2 billion pot, and it has big plans for further growth. The company is assessing acquisitions and everything from mobile phones to interactive television to access more players.

"…After a high-profile 4.6 billion-pound ($8.1 billion) flotation in June, the owner of PartyPoker and Starluck Casino saw its market value soar to over 7 billion pounds.

"Cautious words in a September trading statement sent its shares into a dizzying fall, from which it has finally recovered by taking a more aggressive stance against its competitors.

"Next year, PartyGaming plans to launch its new PartyCasino site to run alongside its existing Starluck Casino, as well as two new games…"

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