The current growth is attributed to the launch of 60 new games in their FoxyBingo and PartyCasino casinos. Apart from just the addition of the casino games, the marketing strategy employed by the company was also amazingly better.
The profits of the casino increased to 36 million US dollars, which is nearly a 34.8% growth. This is nearly an increase of 34.8% considering the statistics for until June 30, 2009. The present revenue statistics for the company is up at 17% on an average per day.
The CEO of Party Gaming remarked "Casino has been our star performer and continues to go from strength-to-strength, consolidating our position as the world's leading online casino."
However, the better revenues in Party Casino were offset by some pressures that were suffered in the Party Poker revenues. The earnings of the poker division of the company were less by 29%.
Eventually, the performance of Party Poker brought down the revenues of the company to a bottom line.
In the past year, the overall revenues of Party Gaming were 64.9 million USD and in the current year it has come down to 60.7 million USD.
The overall loss as proposed by Party Gaming is 66.9 million USD. This is in part related to the non-prosecution agreement between the US authorities and Party Gaming.
Regardless of all the ups and downs eventually the company is in uptrend. Loss is there with any business and it is likely that they might top it right in the months to come.