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GigaMedia record, Parlay down, Bingo.com up

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Everest Poker owner GigaMedia reported a 76% increase to $43.0 million in third quarter revenues, with a net income of $9.7 million, up 49% year-over-year. “Third-quarter results were strong, with no decline in our poker business despite the seasonal downturn,” stated GigaMedia President Thomas Hui. “Over the next few quarters, we plan to add several top-tier games to our platforms and expand our strategic partnerships – key steps to driving even stronger growth,” added GigaMedia CEO Arthur Wang.

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