The Busness [i.e. Business].

PartyGaming, a company which will float on the London Stock Exchange in the summer of 2005, is a picture of what service companies will look like in the future. The company expects to be valued at between £4.4 billion and £5.1 billion ($9.3 billion), which would be on a par with several blue-chip c...

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Detalles Bibliográficos
Publicado en:New Statesman Vol. 134; pp. 26 - 27
Autor principal: Hosking, Patrick
Formato: Artículo
Publicado: New Statesman Ltd. June 27 2005
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:PartyGaming, a company which will float on the London Stock Exchange in the summer of 2005, is a picture of what service companies will look like in the future. The company expects to be valued at between £4.4 billion and £5.1 billion ($9.3 billion), which would be on a par with several blue-chip companies. Online poker is now trendy, and PartyGaming's main business is PartyPoker.com. However, the company takes no gaming risk as it is only a host or facilitator. Moreover, as it is a virtual company, it locates its parts wherever conditions are most favorable.