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Is the party over?

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PartyGaming is due to issue another trading update on October 21 and City analists would not be surprised to see the online poker company bring forward another profit warning.

Last week UBS removed its \’buy\’ rating, citing concerns that the company had continued to lose market share despite a a $300m marketing campaign.

PartyGaming, which floated at 116p at the end of June, closed at 80p on Friday.