Online Casino News:  Party Gaming Thrilled with Sales
by Joanne R Sunday, February 14, 2010  at 1:49 PM
 
The online casino group Party Gaming has just released their Fourth Quarter sales figures and they say that they could not be more thrilled. Their sales have jumped 32% which is practically unheard of in this economy. They say that this is just more proof that the online casino industry is economy proof – although perhaps not completely.
 
They said that they saw their sales rise to $132.2 million, and part of that is due to acquisitions that they were able to make. They said that so far this year they seem to be doing equally as well, and they hope that if this is the kind of year that the online casino had last year that they will be able to exceed it this year.
 
They think that part of the reason that the online casino has done so well is because of their purchase of the bingo and online casino operator – Cashcade Ltd, and the World Poker Tour. Both of these purchases not only raised awareness of the online casino brand, but they solidified their position. It is obvious that if they are able to purchase other large online casino brands that they are doing well. It gave their shareholders confidence in their abilities to perform.
 
Outside of these purchases however, they saw their sales rise 12% based on their numbers from the previous year. They said that their online casino games performed better than expected and that they had a lot of “favorable” sports results which lead to their ability to bring in more revenue.