The parent company of Empire Poker announced that the net profit for this year will be 10 per cent lower than City\’s forecasts.
The warning came a week after the decision of PartyGaming to separate its own poker players from those directed to its site via “skin sites” such as Empire Poker.
“Since that date, the company has seen a slowdown in the rake generated by EmpirePoker.com,” said a spokesman for the company.
However, the number of new sign-ups across the network remained strong and Empire Online is confident that its recently acquired brands, Noble Poker and Club Dice, will continue to drive growth next year.
“The trend rate of growth at Empire Online remains strong and we will continue to grow ahead of the industry. Due to the talent of the team in place at Empire Online and the opportunities for organic growth and the consolidation in the industry I am very confident of the enduring future of this company,” said the company\’s Chief Executive, Noam Lanir.
Calculators
