NEWSBRIEF
BY MARKANDERSON
Things Looking Up For PartyGaming And US Players
March 11, 2022

PartyGaming, the company behind former online monster PartyPoker.com, recently released their annual earnings report and with it a statement that is bound to make a lot of US poker players happy.

The report showed mild yet positive growth of 3% net in 2008 for the company, but it was Chief Executive Officer Jim Ryan's statements, along with his Group Financial Director Martin Weigold's, that came with the report that has business sites like foxbusiness.com, telegraph.co.uk and many others buzzing.

In the statement, Ryan announced the company remains "optimistic" and "excited" with the ongoing situation regarding the US market, while Weigold went even further, stating the company is "reasonably optimistic that in the not-to-distant future the US market will re-open."

Given PartyGaming lost more than 75% of their business when they chose to leave the US market in 2006 (after the passing of the UIGEA), it's no wonder these added statements seem to have garnered significantly more attention from analysts than the traditional annual revenue report.


Story by Mark Anderson

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