If you wanted to bet on one of the companies listed in the FTSE, probably the best option would have been PartyGaming. Not because this is the parent company of PartyBets and Gamebookers, but because PartyGaming has performed great this year, after they withdrawn from the US market due to legislation issues. The PartyGaming shares has raised with 66c this year thus leading to company to the top of FTSE 250.
PartyGaming, that also has promoted brands such as PartyPoker, PartyBingo or PartyGammon, seemed struck hard last year after losing 76 pc in just a couple of months.
According to the statement given to Telegraph by Darren Sinden of Lite Trading a number of factors have put PartyGaming back on a winning streak. “Since the start of the year, talk of consolidation in the sector and hopes of a possible reversal of the worst of last autumn’s US gaming regulations, combined with figures from the company showing that it is seeing recovery in its core markets, have led to a pick-up. “
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