The world\’s largest online gaming company will announce Thursday its results for the sixth months ended June 30. A consensus of analysts is forecasting revenues of £347.5m compared to £229.6m for the same period last year.
Investors in Partygaming and rival online gaming companies will be watching closely for clues as to the firm\’s next plans for international expansion to reduce its exposure to the US market.
The online poker and casino operator has been linked with Gibraltar-based betting group Victor Chandler, which is thought to be worth as much as £450m.
“People are interested in de-risking from America and Victor Chandler is a big business with virtually no exposure to the U.S.,” a banking source told Reuters. “So nearly all the major players are interested to one degree or another.”
Elsewhere, Anthony Novac, Chief Executive of Trident Gaming, has told eGaming Review he hoped to be able to reveal future plans for his company by early October. Novac, who sold sportsbook Gamebookers to PartyGaming earlier last month for £69m, explained he wanted to let the dust settle on the announcement before assessing his next move.
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