Party Gaming

Website: 
http://www.partygaming.com
Highlights: 

PartyGaming's key strategy is to:

  • focus on growing its international business through a combination of innovative marketing, product development and by providing an excellent customer experience;
  • explore mergers and acquisitions as part of the Group's strategic development;
  • establish a more integrated and multi-dimensional brand strategy, including strategic branding partnerships which cross-promote the Group's games to new and existing customers, building brand equity for each of the key product brands;
  • continue to localise product offerings by launching full multi-lingual versions of our sites as well as offering players the ability to hold balances and play in currencies other than the US dollar; * increase the number of games available on the Party-branded integrated platform including licensing a number of new games from third parties;
  • build on the acquisition of Gamebookers with the Group's own Party-branded sports betting business on the integrated Party platform, enabling customers to use their existing Party wallets.

Contact: 

Phone: +350 78700
Post: 711 Europort, Gibraltar
Email:

Founded in 1997, PartyGaming Plc is the world's leading online gaming company and owns and operates PartyPoker.com, the world's largest online poker room. The Group is also the world's largest online casino and operates PartyCasino.com and StarluckCasino Online.

In addition, the Group offers online bingo through PartyBingo.com, online backgammon through PartyGammon.com, and non-US facing sports betting through Gamebookers.com.

Since 30 June 2005, PartyGaming Plc has been listed on The London Stock Exchange under the ticker: PRTY. In the year to 31 December 2005, the Group had revenues of $977.7m of which $153.2m came from territories outside of the US.

Whilst historically the majority of the Group's revenues have been generated by US players, following the passing of new legislation on 13 October 2006, the Group has suspended all real money gaming business with US residents. As a result, the Group's ongoing revenues will come exclusively from non-US territories. In the six months to 30 June 2006 the Group generated non-US revenues of $149.8m, an increase of 151% over the same period in 2005.

Regulated and licensed by the Government of Gibraltar, the Group has over 2,000 employees located in the head office and operations centre in Gibraltar, a business process outsourcing operation in Hyderabad, India and a marketing services subsidiary in London. The Group has customers in around 190 countries.

Since 30 June 2005, PartyGaming Plc has been listed on The London Stock Exchange under the ticker: PRTY and has a market capitalisation of over $10 billion. In the year to 31 December 2004, the Group had revenues of $601.6m and generated earnings before interest, depreciation and amortisation of $387.8m and profit before tax of $371.7m. Regulated and licensed by the Government of Gibraltar, the Group has over 1,200 employees located in the head office and operations centre in Gibraltar, a business process outsourcing operation in Hyderabad, India and a marketing services subsidiary in London. The Group has customers in over 170 countries.

PartyPoker.com hosted over one billion hands of poker in 2004 and supports up to 80,000 people playing online at any one time.

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