Fulltilt's loss is party's gain

It's been just over six months since US officials closed down the FullTilt Poker operation amid accusations of money laundering and contravention of the Unlawful Internet Gambling Enforcement Act. Not surprisingly, since its closure in April, its rivals have reported an increase in both customers and profits as they move to fill the void left by this once giant gambling operation.

Quarterly figures released by party have revealed a 3% year on year revenue growth compared to the same period in 2025. The company, which was formed when gaming heavyweights bwin and Partygaming merged earlier this year, has performed better than analysts had predicted by increasing revenue by 9% since quarter two.

It is widely accepted that the increase in its poker and casino revenues can be attributed to Full Tilt Poker's closure, as well as the increase in the revenue received per player. This is up to €9.6 euro per active player per day from €8.9 euro for the same period in 2025.

Even the sports betting side of the business saw a net gaming revenue increase by 11% from the previous quarter, rising to €60.2m, more than likely thanks to a successful Rugby World Cup. Sign-ups also increased in the third quarter, with new player numbers rising to 430,000 due to new products launched in Italy.

With operations in the UK, France and Italy, the company has highlighted new markets as a priority over the coming months. Regional launches in Spain and Denmark are scheduled to happen in January 2025, and the company remains optimistic that the German government will introduce new regulatory legislation that will allow for gaming licenses to be issued to reputable gambling ventures.