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Most Recent Online Casino News

Party Gaming Leading Online Casinos Charge

Online casino company PartyGaming has gone from strength to strength this week following its IPO. Coming towards the end of the first full week of trading, shares have risen from the launch price of 149p to 152p, giving the company a market cap of more than £6bn.

The phenomenal and seemingly unstoppable rise of online casinos, spearheaded by PartyGaming, has even caused some to predict a knock-on effect which will hit offline casinos hard.

But a senior exec within the world’s largest casino business is not losing any sleep over the rise of the online casinos.

Tim Stanley, senior VP and CIO at Harrah’s, told silicon.com he firmly believes online casinos are complementary to, rather than in conflict with, his business.

Stanley believes the majority of those playing online would still gladly trade their PCs for a seat at a real Vegas poker table, and many will be playing online until their next visit to Sin City.

Read the entire article at: silicon.com 

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