Business
Pre Close Trading Update
Pre Close Trading Update.
About this update from Livermore Investments Group Limited
[{"type":"text","content":"\n Empire Online Limited\n24 January 2006\n\n\nEmpire Online Limited Pre-Close Trading Update\n\n\n\nStrong and Accelerating growth in New Businesses\n\n\n\n • Number of new real money player signups were 49,788 in Q4 2005.\n\n\n\n • Net Gaming Revenue of $22.5 million in Q4 2005.\n\n\n\n • Company re-iterates confidence in $37 million pretax profit forecast for\n 2006 from all gaming platforms excluding Empire Poker.\n\n\n\n • Strong current trading at Noble Poker, with revenue increasing by 50% in\n the first three weeks of 2006 following the initial integration of casino\n games with the poker platform.\n\n\n\n • Cost per acquisition of new real money players has been maintained at the\n lower end of the normal range at $225 (Q3 2005 : $236).\n\n\n\nEmpire Online Limited (the 'Company' or 'Empire Online'), a leading online\ngaming network and provider of marketing services to the online gaming industry,\ntoday provides the following trading update for the fourth quarter of 2005.\n\n\nDuring the fourth quarter of 2005 the Company has increased the marketing of its\nClub Dice and Noble Poker platforms which has in turn delivered a rapidly\naccelerating rate of new player sign ups. Trading at Noble Poker has been\nespecially strong so far in Q1 2006 following the initial integration of casino\ngames within the poker platform. Further game play enhancements are anticipated\nin the near future.\n\n\n\nQ4 Trading Performance\n\n\n\nQ4 has seen rapid growth in the platforms recently acquired by the Company; the\nClub Dice suite of casinos and Noble Poker. In aggregate, Empire Online saw\ntotal real money new player signups across all platforms growing by 49,788. The\ncompany is particularly pleased in this performance as it comes in a quarter\nwhen Empire Poker's rate of new player signups and active player base was\nadversely impacted by PartyGaming separating its own skin from the system shared\nby Empire Poker.com and by the departure of Coral Eurobet from the shared\ntables.\n\n\n\nTrading highlights for Q4 :\n\n\n\n • Number of new real money players across all gaming platforms excluding\n Empire Poker has risen by 32,419 for Q4 2005, which represents an increase\n of 23% over Q3 2005. The number of new real money players across all gaming\n platforms increased by 49,788, which represents a decline of 6% on Q3 2005\...