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
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