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Saturday, November 12, 2005

Party strategy grow into action

PartyGaming, the world?s largest egaming company, has revealed changes to its relationships with its white-label partners Multipoker and Intertops.

PartyGaming has paid US$14.5m in cash for the Multipoker business, assets (including brand and website), player database and intellectual property.

Richard Segal, chief executive of PartyGaming, said: ?PartyGaming?s business strategy is being implemented as planned. We now look forward to the launch of the Party-branded integrated platform in the first half of 2006, which will expand the number of games available to our customers through one account and a shared purse.?

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