5 March 2025 – By Huseyin Yilmaz
888 Online Casino €150 bonus!PartyGaming and Bwin continue to gather benefits after their fusion and recently announced a 9 percent rise in revenues for PartyGaming. The two companies will create a mega company after completion of the deal, which is on track to be finished in March. Thereby the new company will focus both on poker and online casino, which is PartyGaming’s specialty and on sports betting that Bwin is known for.
Despite these positive results, PartyGaming experienced a drop of five percent in revenues for its poker site. Revenue declines have occurred between March and September. These results came from the struggle of the company against the two biggest poker sites, Poker Stars and Full Tilt. In recent month the two giants of online poker have expanded aggressively into the European market. That expansion posed a big threat to PartyGaming’s big market share on the continent.
But the drop of revenues for the online poker site did not mean a decrease for the other sectors of the company. Its casino, bingo and sports sectors all saw steady growth for the quarter, with 2 percent rise for casino revenues and 36 percent for bingo revenues. Total revenues rose to €85.3 million.