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At this point in time, WPTE has about $40 million in cash while PartyGaming has less than $100 million.
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my gut tells me this can't be right , or that Party at least has access to vastly more capital than WPTE
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http://partygaming.com/images/docs/i...lts_070906.pdf
On page 14 of the report:
Net Cash
As at 30 June 2006, the Group had net cash of $92.8m (June 2005: net debt of $119.5 m)...
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PartyGaming borrowed heavily during its start-up and build-out in order to finance its business.