According to financial reports, the casino saw 35% more active players and 26% more player registrations than last year.

Unfortunately, the casino’s two subsidiary brands, 32Red Poker and 32Red Bingo, did not see successful results. In fact, poker revenues had dropped by 16% while bingo revenues decreased by 3%. This could be attributed to the fact that dozens of new online bingo and online poker sites have launched in the past few weeks, causing older sites to lose patrons as they migrate to bigger and better systems.

However, the company as a whole is still looking at improved profits overall. If 32Red Casino continues to compensate for its two other brands, the whole company could look forward to even moe financial success in the future.

The publicly traded Party Gaming is happy to report that the first week in March showed some incredible rises in stock price as the stock climbed from an already nice number of $301 dollars to $321.90 dollars by the end of the week! Investors were happy to see this happening and said that the growth in the stock price had a direct relation to the numbers of success that were reported from the company earlier in the week that said Party Gaming as a whole had a strong finish in the last quarter of 2009 especially with regards to their Party Poker division.
 
The company is hoping that this continue into next week as everyone is happy when these type of results are displayed!
 
There are many reasons that the company as whole has reason to believe that they will continue growing. While online gambling continues to grow in popularity around the world, they are also happy to announce that the government law suit between the US and PartyGaming was concluded last year and they are free of the legal battle.
 
The company had also spent last year making some acquisitions into smaller online casinos that turned out to be a worthwhile investment and making a bigger name and brand presence for themselves. In turn this is all paying off and the online gambling company is on route for another great year.
 
The rise of this online casino gaming stock is bringing up the prices of other online casinos that trade on the London Stock exchange. It will be interesting to see what happens next week and if the trend in the rise of the prices continues!

There are many waiting the results that the financial report from Party Gaming will bring. The forecasters are waiting to hear from the financial officers of the company as reports of the final earnings are due out this week. It is rumoured that the company finished strong and so investors will be happy to hear the latest earnings and in turn will be lucky to watch their investments climb.
 
Of course there have been disappointments before so many are hesitant top up their holdings before they hear any news and some are even hedging their investments. Las year was a slower year for some online casino companies as many lost several hundreds of thousands of US based players due to several reasons such as laws by the government as well as the recession. The online casino industry does has some publicly traded members such as Party Gaming which actually the largest traded online casino on the London Stock Exchange.
 
It will be interesting to see what this year brings out in performance because it will also be an indicator for the next quarter to follow and party gaming is hoping to rise ahead of the competition and show their players and investors that they are the best in the industry be it to play at their online casino or poker room or to invest in the stock as part of your investment portfolio.
 
Stay tuned to our news sections as we will report the information once it is released and we will have our fingers crossed that the online gambling group had as good a year as some have hoped.

The fairly new online casino known as Slot Club has recently announced that it will be closing its doors for good as of the end of this month. The exact date of closing will be January 31st, 2010. This news came in just recently and the online casino did not have too much of a run since it only opened its doors in February of last year.

Its a dog eat dog world out there in the industry of online casinos and online gambling altogether. Sure many believe its a lucrative industry to be in, and for some it really is. There are companies out there that are making millions on a daily basis. But those companies (at least for the most part) are considered pioneers in the industry and they have been around for an average time of ten years – which is when online gambling just began.

New players that enter the industry sometimes have a tough time, its hard to say what exactly goes wrong. Perhaps their promotions aren’t good enough, perhaps bonuses aren’t well received. Maybe they just don’t offer the games that players want to see. But either way there were simply not enough players to keep the doors of the online casinos open.

Either way if you are currently a member of that particular online casino now is a good time to get your money out. Any funds that are still in the casino after the last day in January may be lost and not returned to the customer.