2 Bet Online Casino

It’s good times at PartyGaming with a return to growth in the poker segment of its market. According to PartyGaming, revenue is in line with forecasts, while clean earnings before tax, interest, depreciation and amortisation were anticipated to be slightly ahead of the board’s expectations.

The company reports solid trading since September and the business has performed well in the fourth quarter showing revenue growth in all four of the company’s product verticals: bingo, poker, casino, and sports betting.

Jim Ryan, Chief Executive, said: "As indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals."

PartyCasino has grown with the addition of new games and higher jackpots and the bingo vertical has developed rapidly since the group bought Cashcade in July.

Sports betting has benefitted from a good run of results and improved risk management tools. The core vertical poker has also seen a return to growth.

The company also said pending gambling regulations in Italy and France represent significant revenue opportunities. Last month Partygaming launched an Italian online poker service with Fueps.

The company said Friday that it has agreed a new GBP35 million loan facility which it will use for general corporate purposes including mergers and acquisitions.