PartyGaming profits up by nine percent
PartyGaming, one of the biggest and most important gambling companies, has just recently released its Q3 results for the financial period. These reports showed that their profits has increased by 9 percent to 85.3 million Euros. This is a clear sign that the online gaming industry is not slowing down and the popularity if placing bets online is just getting more popular by the day. The Q3 results show an increase from the 78.3 million Euro revenue from one year ago.
Actually the profits came from almost all the different products from sports betting, casino as well as the real dealer games such as live bingo and casino. The only market where they dropped some margins were in the poker section where the profit dropped a total of 5 percent.
The main positive figures came in the online sports betting section where the profits rise as much as 86 percent.
The nine percent total profits was confirmed by CEO Jim Ryan which obviously was very happy with the positive results, where poker was the only downfall. Especially after having to close four casinos in France recently due to legal reasons.
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