PartyGaming struggling to match prizes

16 July 2008

GIBRALTAR -- As reported by The Guardian: "PartyGaming is straining to match sign-up bonuses and tournament prize money offered by its aggressive online poker competitors in Europe, the company said (recently).

"The Gibraltar-based gambling group has reined back elements of spending on retaining clients, but a bitter price war has kept the cost of player recruitment high.

"Strong competition - particularly from poker sites that continue to accept US players - has led to an increase in bonuses and costs associated with some of our poker tournaments,' PartyGaming said in a statement..."

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