Empire issues Profit Warning
Taken from ateonline.co.uk
Empire dealt bad hand by PartyGaming - 20/10/05
Online poker operator, Empire, has issued a profit warning, announcing that full-year net profit for 2005 will be around 10 per cent below analysts' predictions.
The warning comes just days after online giant PartyGaming announced it was distancing itself from third party 'skin' websites which direct traffic to the business.
In a statement, Empire said it had experienced a sharp slowdown in poker revenues since PartyGaming called an end to the partnership and shifted all of PartyPoker.com players to a new operating platform.
Source: Leisure Oportunities
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