Online casinos continue to show their formidability in the market.  PartyGaming, perhaps the most successful operator of online casinos reported a 7 percent jump in shares and the end of a very successful second quarter.  According to the gaming company trading has been robust and sales at their online casinos have been particularly high.

The successful sale at the PartyGaming online casinos is likely due to the host of new games recently made available to guests.  PartyGaming is based in Gibraltar and is perhaps the most successful online casino enterprise in the world today.

“Casino is developing into a major success story and recent poker initiatives are getting traction. We are maintaining our forecasts at this stage but there are increasing grounds for optimism,” said Wyn Ellis, a Numis analyst.

The success of PartyGaming could simply be a precursor to an overall success about to be experienced by the entire online casino industry.  If suspicions are true that by the end of the fall online casinos will be regulated in the United States, sales should go up across the board.  If online casinos are not legalized in September there is a chance that the Unlawful Internet Gambling Enforcement Act will be dumped by the United States Congress.  That alone should bring a healthy boost to the online gambling industry.

“There is a reasonably good chance that the U.S. will introduce some positive online legislation in terms of gambling first at a state level in September and then at a federal level,” said Nick Batram, an analyst at the London brokerage firm, KBC Peel Hunt.