:: Sales For Empire Online Are Down After Poker Sale ::

Empire Online Sales Down After Poker Sale
LONDON (Reuters) - Internet gambling group Empire Online reported a slight decline in first quarter gaming revenues on Thursday, following the sale of its Empire Poker site, but said it now had up to $259 million (145 million pounds) for acquisitions. Total first-quarter net gaming revenue was $21.1 million, compared to $22.5 million in the preceding quarter and $24.4 million a year ago. Casino revenues nearly tripled year-on-year to $15.3 million, but poker revenues fell by 69 percent to $5.8 million, following the $250 million sale of Empire Poker to industry leader PartyGaming in February.

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