PartyGaming set to beat year expectations

Online gambling firm PartyGaming said today its full-year revenue and core earnings were likely to beat analysts' expectations…

Online gambling firm PartyGaming said today its full-year revenue and core earnings were likely to beat analysts' expectations.

The operator of the PartyPoker website, the world's biggest online poker room, said average daily gross poker revenues were up 14 per cent to $2.7 million in the two months to November 30th compared with the third quarter of its financial year.

"The increase in revenues following the introduction of blackjack to our PartyPoker.com customers has been substantial and has exceeded our expectations," it said in a trading update.