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GamblingPhD menu
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When
All
Else
Fails
-
Gamble
August
30,
2008
Or
at
least
that
is
what
seems
to
be
the
case.
As
every
other
industry
is
looking
at
lessened
numbers
and
fewer
employees
–
the
online
gambling
industry
is
increasing
all
the
time.
In
fact,
with
several
of
them
releasing
their
financial
results
this
week,
they
are
expected
to
show
nice
profits
over
what
they
have
been
doing.
Many
of
the
online
gambling
companies
have
already
said
that
their
interim
results
are
actually
much
better
than
even
they
thought
they
would
be.
Many
said
that
they
knew
they
were
doing
well
midway
through,
but
when
the
final
figures
came
in
they
were
pleased
to
see
that
they
had
underestimated
what
they
could
really
do.
PartyGaming
is
one
of
those
online
gambling
companies.
According
to
the
investment
bank
Dresdner
Klenwort,
the
online
casino
will
post
half
year
profits
in
excess
of
$2
million.
This
is a
20%
increase
over
the
same
time
last
year.
Their
revenue
is
coming
in
at
$137.6
million
for
the
interim.
Their
online
casino
accounts
for
38%
of
the
group’s
revenue,
which
is
double
what
it
was
last
year.
Bookmaker
Paddy
Power
has
its
own
online
gambling
operation
and
they
said
that
they
were
about
to
report
amazing
results.
In
fact,
they
said
that
they
were
doing
so
well
that
they
were
looking
to
add
to
the
number
of
shops
they
already
had.
This
was
a
goal
they
have
had
set
for
a
later
date,
but
with
revenues
being
as
good
as
they
were,
they
will
be
able
to
do
it
even
faster
than
before.
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