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Party Gaming Q3 financial reports show 4% drop in sales
| 2009-10-17
Party Gaming Q3 financial reports published, showing a drop of 4% in sales compared to same period last year. This drop came as no surprise as it fitted with analyst’s expectation. The drop in sales was cause mainly due to a steep drop in their poker activity performance, showing 31% drop. Party Gaming added bingo activity, backed up mainly by their recent acquisition of Cashcade – owners of foxy bingo and other bingo sites, helped balance the performance to arrive at a slight sales drop overall. Chief Executive, Jim Ryan said at a press conference he feels Poker is at a bottom, and the group recent actions in online bingo support that state of mind.
Party Gaming group owns several bingo brands, including Party Bingo which currently doesn't offer any no deposit bingo bonus or free bingo games.
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