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Quarterly Growth Impressive

Devilfish Gaming just released the company’s full year results and they are just one more reason that individuals in the online casino and poker gambling industries are buzzing about this company. Devilfish is the brainchild of Dave “Devilfish” Ulliott and has been operating in the international poker market for several years now; as the company has matured it has expanded its interests and sites into other sectors of the overarching online casino gambling industry. The year-end results are better than expected and the company is consistently working to overcome a previous slump and pull its full year pre-tax revenue out of the red – this year that total was great reduced.

The company, along with many other online casino and poker gambling groups was able to perform particularly well in the second half of 2009. Devilfish posted nearly a double in sales for Q1 and Q2 and also reported that the number of participants on divisions of the site have essentially doubled during these same two quarters. This is very significant growth considering we’re only talking about a six month time frame and indicates that the online casino and poker players are enthused about the Devilfish product and offerings and spreading the word. Devilfish also realized all of this recent growth without actually investing in marketing recently; because of the company’s tough financial situation all of the spending has been dropped to a minimum except when necessary.

The brand is really solid and the company employs some of the best practices in the industry, including the refusal of US gamblers. There are other online casinos and poker sites that do take US gamblers, but Devilfish is playing it safe right now by denying all US gambling until the US government passes new regulations as is hoped for currently.