PartyGaming on Friday said it hoped to strengthen its position in the Hispanic market through the launch of a three year alliance with Spain’s leading gaming group, as it reported a steep fall in fourth quarter revenues from its traditional online gambling activities.

PartyGaming, which operates online gaming websites like PartyPoker.com and PartyCasino.com, said its alliance with Cirsa Gaming Corporation would enable it to “explore and develop internet gaming opportunities in Spanish-speaking countries.”