PartyPoker.com Averaged $2.9 Million a Day in Q1

PartyGaming, the online gambling giant that operates PartyPoker.com, PartyCasino.com, and PartyBingo.com, today released its first-quarter trading report and the company's list of key performance indicators.

Some of those key performance indicators are:

• Group revenue is up 54 percent to $342.6 million.
• Record number of real-money poker sign-ups of 263,254, 39 percent of which were from the United States.
• PartyCasino.com generated an incremental net revenue of more than $200,000 per day following its launch in February.
• PartyPoker.com averaged a daily revenue of $2.9 million.

PartyGaming had a busy first quarter. It launched a new platform that allowed its casino and poker players to play at each other's site with the same bankroll and also went multi-lingual, launching sites in French, German, Portuguese, Spanish, Swedish, and Russian.

PartyPoker.com had an average of 155,075 players a day, 872,969 unique players visit the site, and the average daily revenue of $2.9 million was a 13 percent increase from the same quarter last year.

The blackjack feature at PartyPoker.com generated a net revenue averaging $700,000 a day. The site will soon add an additional revenue stream when backgammon is launched as a side game sometime in the second quarter.

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