PartyGaming says confident about 2008 outlook

LONDON, April 30 (Reuters) - Online poker and betting firm PartyGaming (PRTY.L) said on Wednesday its revenue rose 21 percent in the first quarter and it was confident about the group's prospects for the full year.

PartyGaming, which runs the PartyPoker and PartyBets websites, said group revenue in the three months to March 31 reached $128.9 million, with poker revenue up 13 percent and casino revenue up 45 percent compared with a year ago.

"The regulatory environment in Europe appears to be improving and the search for my successor is progressing and advancing positively," Chief Executive Officer Mitch Garber said.

"We remain confident about the Group's prospects for the full year," Garber said in a statement.

(Reporting by Andras Gergely, editing by Elizabeth Fullerton)