Picking Over PartyGaming’s Bones

by Lou on October 18, 2006

PartyGaming’s share price dropped another 13 percent following its exit from the US market. Party also removed a ticker from the site showing the number of tables in use and how many players are online.

A Party spokesperson said that this data was removed over apprehensions that rival operators would use this information against them. But the lack of available player data hasn’t stopped Party’s competitors, and competing sites are already mounting aggressive campaigns to recruit Party’s abandoned players.

In online poker, the customer and the product are one and the same, and with their loss of liquidity, PartyGaming is also likely to lose its position as industry leader.

With third-quarter figures scheduled to be released within a matter of days, you can expect a comment from Party’s management then.

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