Two Poker Deals are reached during the Revamp of Online Casino Group PartyGaming
16 November 2005

Party Gaming, the online casino and poker group, is getting ready for the release of their new upgraded service. In addition to this plan, Party Gaming has also revealed that they have ended their partnership with Coral Eurobet, and have managed to attain two of their four partners. It appears that Party Gaming has agreed to pay $14.5 million dollars to gain Mulitpoker, and on top of that has purchased most of IntertopsPoker for an estimated $4 million dollars.

These purchases made by Party Gaming will boost the company’s current customer base by adding approximately 300 thousand players to their website. In addition, it will also provide Party Gaming access to a whole new brand of customer thanks to Multipoker’s Scandinavian customers.

Furthermore, Party Gaming has excelled on the London Stock Exchange, as news has spread that their shares were up to 1.6 per cent to 93 pence, giving the group a value that totals to an estimated 3.7 billion pounds. This is excellent news for Party Gaming, especially since they had been through some pretty rough times on the stock exchange since they first floated back in June.

The Chief Executive of Party Gaming, Richard Segal, commented that Party Gaming now looks forward to the Party-branded integrated platform that is set to be released, next year, in the first half of 2006. This platform will have many exciting new features including a variety of fun and entertaining games for all of their customers to enjoy.

There is no question that Party Gaming is taking a whole new step in the online casino industry, and is certain to impress players and companies alike.