PartyGaming Focused On Acquisitions

After a great  fourth quarter, reports suggest  Party Gaming are optimistic about the economy and its ability to raise cash for acquisitions.

Jim Ryan, chief executive, said the owner of PartyPoker and PartyCasino was in talks with a number of companies, but added that “in spite of the rumours there is nothing at a developed stage”.

Party have been in discussions  for some months with Austrian rival BWIN with a takeover expected later this year.

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