Business

Martin Weigold
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Online gamble pays off
19/ 4/2006
ONLINE poker group PartyGaming said revenues were up 54 per cent as record numbers of players gambled more money on its internet tables.
The operator of PartyPoker, which is based in Gibraltar and is the world's largest online poker company, said revenues hit '193.3m ($342.6m) in the first three months of the year.
It came as the company's poker tables attracted a record 263,254 new players.
PartyGaming said that 39 per cent of the new players were from outside the United States, where the future of online gambling is under threat from proposed legislation to ban it.
PartyGaming finance director Martin Weigold said: "The first quarter has seen continued strong growth in poker on the back of record numbers of poker sign-ups."

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