This is the first segment of our weekly poker/gambling stocks reports. Once a week we will have a look at how the big poker(online gambling) companies did in the public stock market. The companies we are looking at are 888, PlayTech(iPoker), PartyGaming and Cryptologic.

It was an interesting week for PlayTech as they announced their Q3 results. PlayTechs revenues were up total 67% from last year which meant total revenues of $42.4million when at last years Q3 the revenues were $26.9million. Poker revenues were up total of 60% of the time period. During Q3 announced that they had made several big deals with major online betting companies including WilliamHill and Mansion. Impact of those partner deals is still not fully shown in the results as WilliamHill is switching to Playtech products in early 2009 and Mansion joined in middle of Q3.

PlayTechs stock fell from 380 to 365 this week meaning a total drop of 3.95%.

888 has had a terrible last 3 months with the stock being down nearly 50% in that time period. This week didnt change the situation as the stock fell from 86.5 to 79 points meaning a drop of 9.71%

Just like 888 PartyGaming has had horrendous last 3 months with the stock being down over 45% in that time. The most important news regarding PartyGaming this week was that the speculated deal with Cryptologic network about merging poker networks didnt turn out to be true, that might be the biggest reason why PartyGaming stock went down nearly 15% during the week.

CryptoLogic announced their Q3 results during the week and they were by one world horrible. Q3 meant loss of $5.9million to CryptoLogic compared to the profit $2.4million from last year. CryptoLogics poker revenues for the time period were $3.2million. Also during the week CryptoLogic announced that they will be margining poker network with BossMedia in 2009. CryptoLogics stock was in a free fall between 10. and 14.11 and went down 37.81%.