Company Overview
Party Gaming is one of the world largest and most successful online gaming operators. Established in 1997, the company owns and runs the biggest online poker room – Party Poker. In addition, Party Gaming runs the superbly popular Party Casino site and Starluck Casino Online. Players who are searching for something slightly different can find top quality online bingo at Party Bingo, while backgammon lovers can flow to Party Gammon. Sports lovers can be entertained at Party Bets which deals with all non-US sports betting.
Party Gaming was one of the few online software providers to go public on the London Stock Exchange and has been listed at PRTY in June 2005. In 2005, the group recorded revenues of $977.7 million; of which $153.2 million came from outside of the United States.
Since the passing of anti-online gaming laws in the United States in October 2006, the group’s revenue had to shift around somewhat. All real money transactions have been suspended with US-based players and the group’s current revenue is from non-US players alone. In the first half of 2006, Party Gaming revenues of $149.8 million from non-US players, which was a 151% increase in the parallel period the previous year.
Party Gaming has its main offices located in Gibraltar and employs approximately 1200 people world wide. The group has its business process outsourcing operation in India and marketing services in London. Customers from all around the globe use Party Gaming’s software, in more than 190 countries.
Party Gaming's Mission
Party Gaming strives to be the world’s leading online gaming company, providing players with the most reliable brands, top technology and superb customer service. In this endeavor, Party Gaming pushes through international boundaries and continuously focuses on international business through clever marketing, product development and guaranteed playing pleasure.
The group continuously explores options of expansion and growth through mergers and acquisitions, and seeks to establish multi-dimensional brand strategies. Party Gaming also believes in full cultural integration in markets that they enter, and strive to offer full multi-lingual; multi-currency versions of their sites.
Party Gaming also promises new and exciting game launches on a regular basis to ensure client and player satisfaction, interest and return-play.
Party Gaming Products
Party Gaming has made a notable mark in five areas of the online gaming world: poker, sports betting, casino, bingo and backgammon. Players using any of Party Gaming five sites have the advantage of using the same e-wallet and account for all deposit and betting transactions.
Party Poker
Party Poker has earned the respected title of being the largest online poker room in the world. Since its launch in August 2001, the number of players flocking to this site has been remarkable. Along with the growth of online poker players, Party Gaming developed the Party Poker Million Tournament which is a poker tournament which takes place on a luxury cruise. This exclusive tournament is free to all players who manage to qualify online and it certainly a major generator of poker action for the site.
Party Poker has the ability to handle tens of thousands of players simultaneously and at peak times over 100,000 excited players can be found enjoying the site’s great games and ongoing tournaments.
Party Poker does not act as the house but rather acts as a host which facilitates players who want to find top-class games, endless tournaments and a social interaction with like-minded players. Party Gaming players get to play against one another, and not against the site, which means that Party Gaming itself does not take the gaming risk. In turn, players pay a 5% commission, known as a ‘rake’ to the site.
Players have the choice of playing against each other on individual tables, known as ring games, which includes up to ten players, or participate in tournaments where players play against each other on a single table or multi-table format. Click for Party Poker review.
Ring Games: Players who choose to play a ring game have a wide selection of games such as Texas Hold’ em or Omaha High, as well as the level of stakes they wish to wager. In ring games, players are set against each other in battle for the pot – the average amount wagered on each hand. The winning player has to pay Party Poker their rake fee which can be between $.50 and $5, depending on the pot size, but will only be charged if the pot is larger than $5.
Tournament Play: Tournaments have become an essential part of any serious (or ambitious) online poker player’s life. Since the launch of televised poker tournaments, online poker players have strived to play like the champions they see on screen and hope that by playing in online poker tournaments they can gain essential experience and even win entrance into some of these exclusive tournaments. Party Poker’s tournaments always attract more traffic to the site and players are charged extra in the form of an entrance fee.
There are two types of tournaments – single table for up to 10 players, and multi-table. Single table tournaments require players to pay a buy-in to the tournament and generally operate on a knock-out basis. Players need to win each others’ chips until one only player is left holding chips. Prizes are awarded to a winner and two runners-up. In multi-table tournaments, players who win the first table move on to the next, and the rest are knocked off. This continues until only one table remains full of players and ultimately until only one player is holding chips. The prize size of multi-table tournaments depend on the number of participants.
Party Poker offers both ‘sit and go’ tournaments, as well as scheduled tournaments.
Party Bets
Party Bets in the latest addition to the Party Gaming group and is a very popular sportsbetting site, growing every day. Party Bets offers a wide range of betting options on an expansive list of international sports. Included in the line up are football, tennis, horseracing, boxing and golf. Some smaller sports are also included such as darts, handball, snooker and pool.
Party Bets also has alternative betting options for those who are itching to bet but are not tuned up in the world of sports. These types of bettors can choose to place bids on developments in the financial, political and entertainment words.
Party Casino
Party Gaming has very successful casino games as part of its platform in the form of Party Casino and Starluck Casino. The group’s casinos offer a very wide range of games – slots, blackjack, roulette and video poker. In these games, players will place bets against the house and random generated programs determine the winner. Wagering limits are suitable to any player’s pocket, as they vary from $0.01 to $1,000, based on the specific game. Click for Party Casino review.
Party Bingo
Bingo has been an extremely popular game since its inception in the mid 1500s and has recently had a reboost in popularity since it has become available in the online form. Party Bingo brings the excitement of bingo to people all around the globe and this simple, clean and fun game can be played around the clock.
Party Bingo offers four types of bingo – 90 ball bingo, 75 ball bingo, bingo royale and instant bingo. They also offer a number of slot games and video poker options for players needing alternative game play.
For regular bingo games, players will be put against the house and RNG programs determine the called numbers. Party Bingo also offers exciting bingo tournaments during which bingo players from all over the world meet and play this superb game, and stand in line of winning brilliant prizes.
Click for Party Bingo review.
Party Gammon
Party Gammon is a fairly new addition to the Party Gaming group and acts as a facilitator for players who wish to participate in great backgammon play. Players play against one another, instead of the house, and Party Gammon is paid a percentage (rake) of the winnings.
There is constantly exciting tournament action on Party Gammon and these are presented in two formats: regular and sit & go. The regular tournaments are pre-arranged and have a set starting time displayed on the site. Sit & go tournaments are available 24/7 and start as soon as the required number of people have registered. With the popularity of Party Gammon, players hardly have to wait. During backgammon tournaments, the winners from each round advance to the next round and the loser is eliminated. These are followed by knockout matches until there is one clear winner.
Click for Party Gammon review.
Conclusion
Party Gaming is undoubtedly a leader in the online gaming market. With their five brilliant sites, each offering top quality graphics, continuous new additions and unquestionable customer service, players are assured of great playing experience. Players will easily find any game that tickles their fancy through Party Gaming’s clearly focused sites – by zoning their expertise into specific game-focused sites, the developers at Party Gaming have come up with a winning recipe.
Party Gaming players can move from one site to another in a seamless motion, using the same account and e-wallet for all the sites. Knowing that the games are all backed by one of the top online software providers in the industry, players will rest assured that their gaming is safe, secure and most importantly, enjoyable. |
