Partygaming the internet gaming giant that is to merge with Bwin reports trading is in line with expectations during the final quarter with stronger casino revenues offsetting weakness in poker and bingo.

The company said trading since the end of September was “solid” as a result of casino’s double-digit growth in average daily gross revenue versus the third quarter.

There was also growth at the poker business quarter on quarter, but the normal seasonal increase was “less pronounced” due to the euro’s strength against the dollar. Bingo and sports were both down when compared to the third quarter.

Earnings before interest, tax, depreciation and amortisation (EBITDA) margins for 2010 will be in line with the guidance of 27-28%.

The company commented that it is excited about the opportunity of online gaming being regulated in the US. The company is “well advanced” in talks with licensed companies in the US that would create “substantial” value.

"The proposed merger with bwin remains on-track to complete at the end of the first quarter and should place the combined group in a strong position to take advantage of the changing regulatory landscape in Europe given its leadership positions across all key product verticals," claimed the head og Partygaming, Jim Ryan.