PartyGaming has solid first quarter, but slow start to second

April 30th, 2008
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Online poker and gambling company PartyGaming saw 21% revenue growth in the first quarter of the year and is optimistic for all of 2008, despite a weak April.

Analysts were less optimistic for PartyGaming’s prospects, however.

According to a Reuters UK story:

PartyGaming, which runs the PartyPoker and PartyBets websites, said on Wednesday revenue in the three months to March 31 reached $128.9 million, with poker revenue up 13 percent and casino revenue up 45 percent compared with a year ago.

Its shares, however, fell 5 percent as analysts said the outlook for full-year growth was not promising in light of disappointing performance in the first four weeks of the second quarter.

Whole thing here.

Average daily revenue fell 1 percent in April, according to the story.


Article Credit: Dustin

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Daily Poker Quiz

Archive pick: Value betting the river, no limit hold em cash -

Game type: 1/2 No Limit Cash Game
Your image: Fairly Aggressive
Opponent's image: Solid, a little tricky
Your hand: As Qh

This hand is from the archives and originally appeared on 8/21/07. View the original quiz and comments here

The setup: You're fairly new to this table and you picked up a pot quick when you flopped a set and won a decent multi-way pot. You've been fairly active since, seeing a lot of flops cheap and playing for the win on the flop or turn in a couple of spots.

This hand you're dealt AQo UTG and you decide to limp. The button limps and both blinds play. You flop top pair:

Qd 7h 6d

The SB leads out for $6. The BB folds. You make it $24 and the button folds. The SB calls. The turn gives you two pair with the Ac. The SB checks and you pop $40 into $54. The SB flat calls.

The turn comes the 10c. The SB checks again. There's $134 in the middle. Do you value bet here and if so, for how much?


Vote and comment at DailyHandQuiz.com