Football hijacks gamblers
8:59am Thursday 10th July 2008
INTERNET gambling firm PartyGaming has blamed the distraction of the Euro 2008 football championships for a recent dip in trade.
The firm, which operates the PartyPoker and Party- Casino websites, said revenues since April 28 had "fallen slightly due to seasonality and competition for players' leisure time from the Euro 2008 football tournament".
Shares fell even though it said its PartyBingo.com site was gaining, with the profile of the game boosted by the recent launch of ITV's interactive Bingo Night Live.
PartyGaming, which saw the number of active players using its casino and poker websites pass the one million mark last year, also said its casino arm continued to perform strongly. This was offset by a weaker-than-expected performance in its core poker business and sports betting, with overall revenues lower.
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