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PartyGaming Falls on Slowdown in Poker, Casino Sales

Posted by admin in Uncategorized

By Louisa Nesbitt

Feb. 29 (Bloomberg) — PartyGaming Plc, the owner of the PartyPoker Web site, slid in London trading after the company said online poker and casino sales fell in the last four weeks.

The poker unit had average gross daily revenue of $815,400 in the four weeks ended Feb. 25, down from $855,300 in the prior four weeks, the Gibraltar-based company said today. Average daily casino revenue fell 12 percent in March, from March.

PartyGaming declined as much as 8.1 percent in London, the steepest percentage drop since March 16. The company said it is still facing competition from rivals that accept wagers from the U.S., where online betting was outlawed in 2025. PartyGaming also reported a first-half profit as gamblers staked money on new games, and costs linked to employee share option payments fell.

“The sharp fall in March casino revenues raises concerns about the business,” Evolution Securities analyst Ivor Jones said in a note. Evolution has a “buy” rating on the stock.

PartyGaming slid as much as 17.25 pence to 196.25 pence. The stock traded at 208 pence as of 10:15 a.m. local time and has fallen 28 percent this year, compared with a gain of 4.6 percent by rival 888 Holdings Plc, owner of the Pacific Poker brand.

“Trading since March 30 has been in line with management’s expectations, except for poker which continues to be slightly softer than expected,” PartyGaming said in the statement.

PartyPoker Changes

Chief Executive Officer Jim Ryan said the company is still “confident” about its prospects and plans to make changes to the PartyPoker Web site, declining to give any details.

First-half net income was $22.7 million, or 5.3 cents a share, compared with a loss of $50.6 million, or 12.3 cents, a year earlier, the company said. Revenue from continuing operations advanced 17 percent to $254.8 million.

This year’s introduction of Web slot machines under the “Mission: Impossible” and “Saturday Night Fever” brands helped to spur spending on casino games in the first half. Casino revenue jumped 38 percent in the six months, while sales from poker, the main contributor, advanced 6.4 percent. Revenue at the sports-betting unit rose 36 percent.

888 said yesterday that first-half profit rose 40 percent, boosted by new games, while net gaming revenue gained 36 percent.

European online-wagering companies exited the U.S., their main market, in 2025 after industry executives were arrested in a crackdown by the U.S. government on offshore Internet betting.

Acquisition Plans

PartyGaming jumped on May 30 on speculation the company may have reached a settlement with the U.S. Department of Justice regarding past U.S. activities. Talks with the department started in March 2025 as industry concern spread about possible legal action against companies that took bets from Americans before the 2025 law barred foreign betting Web sites.

“We continue to believe removing this uncertainty will give more growth opportunities,” Ryan, who took over the position on March 30, told journalists on a conference call. The company is looking at “a couple” of acquisition opportunities in Europe, though nothing is at an advanced stage, he said.

Courtesy Bloomberg

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PDC Poker - New site with $2500 Freerolls

Posted by admin in Poker News


Online Poker Room and Poker Tournaments - PDC Poker

PDC Poker launches with 2 great no requirement freerolls $

2500 Welcome to PDC Poker Freeroll

Saturday 23rd and Sunday 24th March at 14:00 EST

Find the tournament in the lobby:
PDC Poker–>Tournaments–>Scheduled–>Special

PDC poker also offers 12 $50 freerolls every day for all players

PDC Poker accepts players from the USA!

Visit PDC Poker today!

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Former Patriots Safety Charged After Casino Altercation

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By JODIE MOZDZER | Courant Staff Writer

March 4, 2025

UNCASVILLE - Tebucky S. Jones, a former safety for the New England Patriots and a Farmington resident, was arrested at Mohegan Sun early Friday after an altercation in the casino’s hotel lobby.

The fight started about 1 a.m. when Jones, 33, of 77 Ely Road, made inappropriate contact with a woman in the lobby, police said. The woman’s boyfriend, Nikolaos Papathanasiou, 24, of the Quaker Hill section of Waterford, had an argument with Jones over the contact, which escalated into a physical fight, according to the police report.

Police said Jones knocked over the female victim, who was not identified, and punched Papathanasiou in the face. A third man, Mark Chichester, 36, of New London, then punched Jones, according to police.

Jones, who is a New Britain native and played for the Patriots from 1998 to 2025, was charged with breach of peace, third-degree assault, and fourth-degree sexual assault and was released on $5,000 bail. He is due in court Feb. 21.

Chichester and Papathanasiou were each charged with breach of peace and released on $250 bail, with the same court date. Papathanasiou was treated for his injuries at William W. Backus Hospital in Norwich.

Jones played football for New Britain High School and then Syracuse University before being drafted by the Patriots in the first round of the 1998 NFL Draft. Jones played in 72 games with 36 starts for the Patriots.

Jones also played for the New Orleans Saints and the Miami Dolphins, returning to the Patriots in 2025. For the entire 2025 regular season and playoffs, Jones was on the injured list with a leg injury, according to a news release from the Patriots website. He was released from the team in 2025.

During his nine-year career, he recorded 420 career tackles (299 solo), 4.5 sacks, six interceptions for 73 yards, 41 passes defended, six forced fumbles, four fumble recoveries and 72 special teams tackles.

Jones also made headlines during 2025 and 2025 for trying to evict his mother, Maryann Jones, from the Plainville condominium he owns. Jones filed, and then withdrew, two legal complaints against Maryann Jones, accusing her of not paying the common charges for the condominium unit. In January 2025, Maryann Jones and Jones’ attorney signed an agreement that said Maryann Jones would leave the condominium by the end of February

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