Stock Reaches High, by Greg Tingle - 14th October
PartyGaming stock reached a high
this past Tuesday on the London Stock Exchange.
The company's stock hit its highest point since
May, closing at $278.70.
high point of the year for PartyGaming stock was
reached on 6th May where it went to $283.
pulled out of the United States online gambling
market after the Unlawful Internet Gambling Enforcement
Act was put in place.
company did purchase World Poker Tour (WTP Enterprises)
via its Peerless Media Ltd arm last August for
12.3 million, and the World Poker Tour website
does accept U.S customers. PartyGaming also purchased
Cashcade last July for £71.9m in cash.
is a major focus of the company and they are currently
experiencing substantial growth and revenues with
the brand, and are regularly adding Hollywood
themed slot games to the portfolio, many of which
come from Paramount Pictures and StudioCanal.
Australian / Asia Pacific and French regions are
currently presenting PartyGaming with a number
of promising opportunities, a number of which
are also relevant to Party's premium betting brand,
is based in Gibraltar and is widely regarded as
the world's leading igaming company.