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Party Poker Stocks Back Up
December 3, 2005
After
tanking in the London Stock Exchange
following a public statement about
the slowing of internet poker
growth, PartyGaming (the parent
company of
Party Poker) has been
experiencing increased share prices
due to recent business decisions.
Firstly of course, PartyGaming
upgraded their software about 6
weeks ago but left the "skins" out
of the loop. The company has also
made moves to take over
IntertopsPoker. All of this comes
amidst early lawsuit negotiations
with
Empire Poker for cutting off
their player base.
PartyGaming reached a high of 173.5
pence in August before experiencing a low of 71 pence in October. On
Tuesday, the stock had risen back to 117 pence. Expect more growth
from Party Gaming and
Party Poker
as they make moves to isolate their player base while taking over
rivals.
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Poker News.
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