PartyGaming - Half Year Results Interview With CEO and FD

By Partygaming, PRNE
Thursday, August 5, 2010

LONDON, August 6, 2010 - PartyGaming, the world's leading listed online gaming company, has posted
a 30 per cent increase in revenues to EUR181.2m, days after the announcement
of its proposed merger with bwin, the online sports betting company.

However, operating profits were just 6 per cent higher, which the company
attributed to amortization charges relating to its Cashcade and World Poker
Tour acquisitions. Stripping out the acquisitions, the company achieved
organic revenue growth of 7 per cent.

In an interview with cantos.com cantos.com, Jim Ryan, Chief
Executive, said that he was excited about the bwin merger and was "very
encouraged" by recent developments in regulation of the US markets as well as
other geographies.

"We have a team of people who are dedicated to the US strategy, our B2B
strategy, Italy, France etc. Where it does get vey exciting, is once you do
merge these two organisations, our scale goes to the next level.

We will be able to exploit more regulated markets, we'll be able to move
along the strategy paradigm faster, and that is what I most look forward to."

The interview and transcript are available now on
www.cantos.com/company/PartyGaming.

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.

If you would like to contact us, please email amanda.alexander at cantos.com or phone
+44-207-936-1352

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :