Financial Times FT.com

Weak trading at poker unit hits PartyGaming

By Pan Kwan Yuk

Published: August 30 2008 03:00 | Last updated: August 30 2008 03:00

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

The owner of the PartyPoker and Partybet website 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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