AB Groupe to join PartyGaming French Poker Network
April 19 2010 - 2:00AM
UK Regulatory
TIDMPRTY
RNS Number : 3643K
PartyGaming Plc
19 April 2010
19 April 2010
PartyGaming Plc
('PartyGaming' or the 'Group')
AB Groupe to join PartyGaming's French Poker Network
PartyGaming, the world's leading listed online gaming company, today announces
its second B2B deal in France with an exclusive multi-year agreement to provide
a white label online poker service for AB Groupe, one of the country's leading
TV broadcasters.
The new service will be branded 'LuckyJeux' and will join PartyGaming's French
poker network which will also include www.partypoker.fr. Once PartyGaming
obtains the required licence and is operational, players on the network will
benefit from a shared pool of player liquidity operating on a single platform.
AB Groupe has approximately 52 million paid subscribers and offers 15
subscription channels in France and other French speaking countries, including
RTL9, AB1 and AB MOTEURS. The new LuckyJeux poker service will be extensively
promoted across the AB Groupe network both on air and online.
Commenting on today's announcement, Jim Ryan, Chief Executive Officer of
PartyGaming, said:
"AB Groupe is a first rate addition to our French poker network and is
consistent with our stated strategy of combining B2C and B2B offerings in newly
regulated markets. Together with our recently announced alliance with PMU, we
are in great shape ahead of the market opening and are excited about our
prospects."
Contacts:
+------------------------------------------+------------------+
| PartyGaming Plc | +44 (0) 207 337 |
| | 0100 |
+------------------------------------------+------------------+
| Peter Reynolds, Director of Corporate | |
| Affairs | |
+------------------------------------------+------------------+
| John Shepherd, Director of Corporate | |
| Communications | |
+------------------------------------------+------------------+
Editor's Notes
About PartyGaming:
PartyGaming Plc is the world's leading listed online gaming company. The Group
is a constituent of the FTSE 250 share index with its shares listed on The
London Stock Exchange under the ticker: PRTY. In the year to 31 December 2009,
PartyGaming's Continuing operations generated revenue of $446.2m and Clean
EBITDA of $135.0m. PartyGaming's principal brands are www.PartyPoker.com, one
of the world's largest online poker rooms, www.PartyCasino.com, the world's
largest online casino, www.PartyBingo.com, www.PartyGammon.com,
www.PartyBets.com, www.InterTrader.com, www.FoxyBingo.com, www.GetMinted.com,
www.Gamebookers.com and www.WorldPokerTour.com. None of the Group's sites accept
real money customers located in the US.
PartyGaming is regulated and licensed by the Government of Gibraltar and by the
Alderney Gambling Control Commission and it is also certified as a responsible
gaming operator by GamCare, the leading UK authority on the provision of advice,
practical help, support and counselling in addressing the social impact of
gambling. PartyGaming's shares are also a constituent member of the FTSE4Good
Index Series, which enables investors to identify companies that meet globally
recognised corporate responsibility standards. For more information, please
visit www.partygaming.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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