PartyGaming Releases Trader Update 

PartyGaming Releases Trader Update

Report Shines Light on Some Interesting Numbers PartyGaming, the publicly owned company that operates PartyPoker.com, released a two-month report to its traders on Friday. PartyPoker.com is averaging a gross poker revenue of $2.7 million a day, which is a 14 percent increase over last quarter. The increase has a lot to do with the October launch of blackjack on its poker tables. Excluding the first week of the launch, blackjack revenues have ranged between $800,000 and $1.2 million a day. The report says that about 40 percent of the real-money players on PartyPoker.com play blackjack. Although this has reduced the poker revenue generated by these players, the “overall revenue generated by them during the period has increase dramatically,” the report says. During the last two months, new-player signups have averaged 2,455 a day, and PartyGaming remains confident that it will achieve its goal of signing up 800,000 players this year. The number of unique active players increased from 443,000 in September to 487,000 in November and the daily average number of players increased from 131,000 in the third quarter to 138,000 the last two months. PartyGaming will release its full fourth quarter report at the end of January.