Party Gaming last week unveiled some mixed results – even though growth was up if measured on a year by year basis , on a quarterly basis it is slightly down . There are particular concerns in regards to its Sports betting and Poker betting operations. In a statement the new CEO of Party Gaming James A Ryan said the following “We think that that (relaunching the Party Poker platform) will be a major driver in terms of bringing players back to see what we’ve done and to also acquire players”
Party Gaming are now diversifying their offering and offer players Bingo with PartyBingo , Poker with PartyPoker , Sports betting with PartyBets ,online casino gambling with PartyCasino , Backgammon with Party Gammon and spread betting with its latest venture PartyMarkets.
The trend for all of the major players in the online gambling arena these days seems to be about liquidity and diversification and to aquire that we have seen some mergers and acquisitions taking place . We expect to see a lot more in the near future.
Written for Online Casino World by Greg – Your Online Casino News