Financial Times FT.com

Weak poker trade drags on PartyGaming

By Pan Kwan Yuk

Published: August 29 2008 22:57 | Last updated: August 29 2008 22:57

Analysts once again slashed their full-year earnings forecasts for PartyGaming after the online gaming group cautioned that trading at its core poker unit had been weaker than expected.

The owner of the PartyPoker and Partybet websites said trading in poker, which accounted for nearly two-thirds of group revenue and profits last year, continued to be held back by competition from sites that accepted players from the US.

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