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Shares of PartyGaming Surges Because of Blackjack Rumour.


Blackjack Potential

Shares of PartyGaming Surges Because of Blackjack Rumour.
Only a day after the group that owns PartyPoker hinted that online blackjack is the next big thing and that it can grow as much if not more than poker, its shares soared up by more than sixteen percent.

Party Gaming started offering blackjack sometime in October and were surprised that in a matter of a few days, more people choose to play blackjack instead of roulette, which was upto that moment the highest game played other than poker. This helped PartyGaming get more profits on a daily bases and it has reached more than a million a day. Morgan Stanley described this cash flow as incredible and when adding the money Party Poker brings in from poker, which is somewhere between 2-3 million a day, it is not surprising that the shares of Party Gaming has not stopped rising.

As if this was not enough, they intend to add two more casino games, and if they hit it off with the players as well, the profits should continue to soar upwards. This underlines one of the key strategies that it is trying to push forward and that is to reduce the portion of poker so that if theres a fall in the popularity of the game, Party Gaming will still continue to make incredible profits.


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