• Empire Online releases Q1 results

April 27, 2006 – Online gaming group Empire Online watched revenues triple at its casino business during the first quarter, with overall growth in line with expectations, although total revenues slipped back. Total net gaming revenue for the first quarter of 2006 fell to $21.1m from $22.5m in the fourth quarter of last year and $24.4m 12 months ago. Casino revenue soared though, shooting up to $15.3m from $5.6m this time last year and $11.2m during the final three months of 2005. Poker revenue slumped to $5.8m from $18.8m a year earlier following February’s $250m sale of Empire Poker to PartyGaming. Net gaming revenues across all platforms excluding Empire Poker were $17.6m, an increase of 42% on the fourth quarter of 2005.

> Read the full story here Source: Ateonline.co.uk

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