Suppliers

Our key suppliers include providers of systems hardware, bandwidth and telecommunications services, payment processing, advertising and other media. Careful management and the continued performance of these suppliers are important for the continued success of our business. In our dealings with key suppliers, we seek to operate to the highest professional standards and pursue mutually beneficial long-term relationships. Our objective is to deliver best value for the Company whilst operating in a fair and reasonable manner. We aim to incorporate commitments to fair treatment and prompt payment into all of our supplier contracts.

We recognise that whenever PartyGaming enters into a new relationship with a supplier, we may be exposing the Group to a variety of potential risks, whether they be financial, reputational or otherwise. To reduce these risks and to reflect best practice in this area, we have put in place a policy to cover the selection and ultimate approval of vendors as well as the protocol to be followed in managing supplier relationships over time. A series of checks are undertaken before suppliers can be added to the Group’s supplier list and they can be linked to our internal payment systems.

We aim to assess the quality of suppliers against a number of different criteria, including financial strength, to ensure long-term reliability; their ability to deliver enduring quality and value; as well as their commitment to innovation and their ability to help us develop new products, processes and ways of working that will give the Group a commercial advantage.

We aim to ensure that our suppliers also meet the standards of our wider corporate responsibility agenda. During the selection process we request from potential suppliers any available information regarding their corporate and social responsibility policies, including their environmental policy. These are then reviewed periodically so that we can ensure that their business practices and policies are compatible with our own. As part of this process we also ask that suppliers notify us about any material changes to their CSR and environmental policies and practices and ensure that they are in turn aware of the Group’s overall objectives regarding corporate and social responsibility.