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Partouche Group: Towards a strategic reorientation of its poker activity
Strongly criticized by the media and some players within the organization and the announcement of a "guaranteed"prize pool of 5 million, the Partouche Poker Tour has been removed from the program of activities of Partouche Group. But the end of the Partouche Poker Tour is none other than the aftermath of the crisis in the online poker room partouche.fr. Indeed, the poker activity of Partouche Group experienced a financial results downfall with a decline of 4% in the first two quarters of 2012 and 7.7% for the third quarter with a turnover of 112.8 million, a disappointing turnover concluded observers. All sectors of the Partouche group were affected so they it was forced to find a solution to reduce the costs and investments in order to minimize the impact caused by the decrease in gross gaming. The gross gaming revenue fell by 5.5% in Q2 and 8.4% in the third quarter, 168.5 million.
Faced with these difficulties currently encountered on its online poker, Partouche Group opted for a strategic reorientation of poker activity within the Group said the title of the press release that it published this week. A policy that aims to reduce the activities and investments related mainly to the online poker activity of the group. However, Partouche Group and or more precisely its casinos remain open and continue to host any live tournaments that other approved poker sites want to relay to their virtual activity in France.
Source: James WILLIAMS
Saturday, 22 September 2012
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