PartyPartners and bewinners are merging!


Brand-new global affiliate program


PartyPartners is making some exciting changes - starting with the Spanish market.

You aren’t affected by this – and you can continue to manage your affiliate account from www.partypartners.com as always.

However, here’s a taste of the great things ahead:

You’ll soon have access to a brand-new global affiliate program that brings together the world’s biggest gaming brands. With the new affiliate program, you’ll be able to promote all our products from one next-generation platform.

You’ll be able to promote powerful bwin brands and benefit from the global leader in sports betting and main sponsor of Real Madrid, the MotoGP, the FIBA to name a few - alongside the PartyPartners brands that you market today.

The changes don’t affect you right now. Please continue to use your existing PartyPartners account.

If you have any questions please contact your account manager or write at affiliates@partypartners.com
 
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BWIN.PARTY TO OFFLOAD ONGAME


bwin.party Digital Entertainment, has begun the formal process of selling its Ongame Network Limited business-to-business subsidiary with completion expected before the end of the year.




THE WORLD'S LARGEST listed online gambling operator, bwin.party Digital Entertainment, has begun the formal process of selling its Ongame Network Limited business-to-business subsidiary with completion expected before the end of the year.

An official statement read, "One area of our stated strategy was to recycle surplus assets. As part of this process, and having taken some initial soundings from interested parties, we have commenced a formal process to sell Ongame's business-to-business operation that is one of the world's leading online poker networks with a state-of-the-art technology platform.

"Since the completion of the merger that took place on March 31, we continue to make progress on implementing the plans that we had prepared prior to completion. As a result, we remain on-track to deliver the full Ђ55 million of annualised synergies by 2013 as previously announced."

The company also revealed in a pre-close trading update that its business was trading in-line with management expectations.
 
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BWIN.PARTY RELEASES FIRST FINANCIAL RESULTS


The world's largest listed online gambling operator, bwin.party Digital Entertainment, has released its first financial results


The world's largest listed online gambling operator, bwin.party Digital Entertainment, has released its first financial results as a unified entity showing that its net revenues for the first quarter of 2011 rose two percent year-on-year to hit Ђ217.8 million.

"We are pleased to announce our first results following the merger with our announcement today showing what we would have achieved had the merger between PartyGaming and Bwin occurred on January 1, 2010," read a statement from Jim Ryan and Norbert Teufelberger, Co-Chief Executive Officer's for bwin.party.

"Overall pro forma revenue in the first quarter was two percent ahead versus the prior year despite the closure of our casino business in France. In respect of current trading, average daily gross revenues are down seven percent versus the average for the first quarter reflecting the normal seasonal pattern seen in previous years."

With regards to the fallout from Black Friday and the closure of the US-facing operations of PokerStars, Full Tilt and Absolute Poker, the joint CEOs pointed to encouraging short-term feedback and a positive, yet realistic future outlook.

"Following steps taken by the US government to enforce its laws, we have seen uplift in new player sign¬ups on our poker sites despite the impact of seasonality. For the period from April 15 to 30, we have experienced a 33 percent increase in average daily new player sign-ups for poker when compared with the previous two-week period. While this represents only a short trading period, it is nonetheless encouraging.

"[The recent action in the US] may signal an appetite to regulate and there are bills currently being contemplated at both state and Federal levels. We are hopeful that the momentum we have seen in recent weeks may result in further positive developments both in Europe and the US. While it is difficult to predict the short-term impact of any of these regulatory changes, we remain on-track to deliver our merger synergies as previously communicated and remain confident about the group's prospects."
 
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