PartyGaming sets $2.1 billion

partygamingPartyGaming plc was a network of gambling sites operated by Ruth Parasol in the Caribbean. Founded in 1997, the network eventually operated under an umbrella company called lobalMedia, which then changed its name to PartyGaming. PartyGaming's flagship site, , was launched in 2001. Its primary shareholders were Parasol, Group Operations Director Anurag Dikshit, Marketing Director Vikrant Bhargava (who joined the company in 1998 a…PartyGaming’s settlement of its US liabilities has given it an advantage over rivals in the consolidation of the on gambling market, according to Jim Ryan, chief executive.