Re: PartyGaming Press Release
Saturday October 8, 2005
The Guardian
PartyGaming slumped to a record low yesterday as rumours swept City dealing rooms that the online poker company might issue another profits warnings.
The operator of the Party Poker website saw £2bn wiped from its market value last month after revealing that industry growth had ground to a halt.
The company is due to issue another trading update on October 21. However, the talk in the Square Mile yesterday was that PartyGaming might have to bring that statement forward because trading has deteriorated.
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