What If Online Poker's Just a Fad?

PartyGaming's IPO - at Moneyweek.com - the best of the international media

Not even the barrage of negative press about the world's biggest online poker group PartyGaming could prevent it from starting to trade some 9% above its flotation price.

The float which raised £907m for the group means that PartyGaming is now valued at more than £4.64bn: that's sufficient to cover its books more than twice over. And it also means that PartyGaming will be launched straight into the FTSE 100 after the next index reassessment meeting in September.

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