PartyGaming has announced a "strong set of results" for 2008, according to the company's chief executive officer, Jim Ryan.
Continuing net revenue was up three per cent to $472.9m for the year ended December 31, and continuing clean EBITDA increased by 29 per cent to $144.2m.
"Our business model is both flexible and robust with a capacity to generate strong cashflow," said Ryan. "Our brands and market position are strong and we have a healthy balance sheet with which to execute our business strategy, create value for all of our stakeholders and achieve our long-term objective of becoming the world’s most valuable online gaming company."
