Online Gambling Continues to Take A Hit
Online Gambling continues to take a hit with the economic slowdown. I just wonder if this will effect the porn industry too. oh probably not.
PartyGaming, once the largest online poker firm, has announced it will be laying off more than 100 employees in its Gibraltar office. Just two weeks ago, Bodog, another of the industry’s largest gaming companies let go of nearly 300 of its employees in North America. The cuts come at a time where both companies have had difficulties converting new customers and retaining existing one’s.
According to the Gibraltar Chronicle Friday PartyGaming confirmed a redundancy plan and has reportedly informed staff of a sixty day consultation to see what posts will be in the firing line.