Business booming for PartyGaming after strong Q1

partygaming_chipsBusiness is booming at PartyGaming, which reported a 27% rise in first-quarter revenue this morning, thanks to strong growth on the casino, bingo and sports betting side. But the champagne’s on ice as poker revenues continue to slide – falling $5.8 million from the same quarter the last year – at least until the US gives the green light to online gaming, at which point the expensive non-prosecution agreement with the US will leave the company nicely poised to recoup the huge market share it lost back in 2006. That’s when it’ll be party time. Read more.