PartyGaming fails to draw poker players

PartyGaming was once the world's largest online poker room but their competitors like PokerStars and Full Tilt have taken over. I myself started my online poker playing there, but have also moved to the "new players" in the online poker room world.

The number of new customers signed fell 32% to 235,200 for PartyGaming.

PartyGaming said its new poker player sign-ups for the six months to June 30 were down by 32% to 235,200. The number of active players slipped 7% to 62,600.

Poker performance since the half-year has also disappointed. New chief executive Jim Ryan said the traffic on its PartyPoker site had been "slightly softer than expected" with, on average, 993 player sign-ups and 50,800 active players a day. The division accounts for 55% of group operating profit, compared with 62% a year ago.

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