• Most Popular
  • Most Shared

PartyGaming in tie-up with Five

LONDON
Mon Jun 8, 2009 2:39am EDT

Stocks

   

LONDON (Reuters) - PartyGaming (PRTY.L), the world's biggest listed online gaming company, said on Monday it had signed an exclusive deal with broadcaster Channel 5 to create "Five"-branded bingo and casino gaming services.

The online service, which will be operated by PartyGaming and promoted by Five, will launch in the second half of 2009.

The agreement is the fourth business-to-business deal to be announced by PartyGaming in the current year.

"We are confident of securing more B2B deals in the coming months as we match our eGaming talents and assets with the consumer reach of other companies around the world," said Chief Executive Jim Ryan.

PartyGaming and rival 888 (888.L) are focussing on business-to-business activities to offset tougher trading in their consumer-facing divisions.

(Reporting by Matt Scuffham)


More from Reuters

Photo

Tech solutions to climate change

Experts say there is no single answer to solving global warming, but a handful of technologies could be promising. Check out some of the candidates and join the debate.  Full Article 

    Climate conference
    Onlookers gather outside the historic Federal Hall where U.S. President Barack Obama is speaking in the heart of Wall Street in New York September 14, 2009. REUTERS/Larry Downing

    One step closer to reform

    The House of Representatives approved the biggest changes in financial regulation since the Great Depression, marking a win for the Obama administration and congressional Democrats.  Full Article 

    Regulatory News
    The share price index DAX board is seen in front of an emergency exit sign at Frankfurt's stock exchange, October 8, 2008. REUTERS/Kai Pfaffenbach

    "Deflation is with us"

    Fear of the market abyss has faded for investors, but another fear is lurking on the horizon, if not already here.  Full Article 

    Investment Outlook Summit