
Making direct financial contributions as well as encouraging staff to spend their own and the Company’s time working on charitable, community and environmental projects is important for our business over the long-term. We recognise our responsibility to provide help at local and international levels and also value its importance as an influence on the personal and professional development benefits of our employees.
Separately, we believe that we have a responsibility to ensure that help is available to those people who may be in the throes of, or have already developed problems associated with gambling. Our main support in this area has been through financial donations to a number of UK-based specialist organisations: the Responsibility in Gambling Trust, GamCare and Gordon House.
Additionally, we contribute to a broader range of deserving charities. In 2007, our donations were again towards the top end of our target range of between 0.20% and 0.25% of annual EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) and were spread across a range of charities.
All of our employees are encouraged to organise one-off events throughout the year, raising money for charities of their choice. In the UK, employees can also elect to give money every month to charities of their choice through a tax effective Payroll Giving scheme. We support employee involvement in charities by at least matching the amount they raise, be it through pushing their bodies to the limits in marathons and triathlons or through organising fun events that help to put a smile on the faces of the recipients of individual or team endeavours.
Local community activities around our headquarters in Gibraltar have involved sponsoring the arts and sports projects as well as improving the environment. Our employees in India have raised money, provided clothing and sponsored education for disadvantaged children.
Some of the charities we supported in 2007 included:
GamCare
PartyGaming was one of the first online operators to be certificated by GamCare, a registered UK charity and an authority on the provision of information, advice and practical help in addressing the social impact of gambling.