Open Side Menu Go to the Top
Register
Does anyone know what kind of profits FT/PS are making? Does anyone know what kind of profits FT/PS are making?

10-17-2008 , 05:46 PM
Just curious. From limited data I've seen, I'm guessing revenue is around $200 Million for FT. I used to think they had to be making an absolute fortune, but having recently seen the Job postings in the latest FTupdate thread, I wonder if they are even making a profit at all.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 05:53 PM
Yes.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 06:55 PM
I can confirm that Caldarooni knows.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 06:59 PM
+1 Caldarooni does know imo
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 07:33 PM
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 07:35 PM
They are rolling in dough. I wish I had a dime for every dime they have.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 08:14 PM
Check PartyPoker's site under investor relations and you'll find their annual report since they are a public company. From that you can extrapolate what other sites make. I think $200 million in revenue is way too low an estimate for Stars.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 09:00 PM
about tree fiddy.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 09:32 PM
Quote:
Originally Posted by Pokerho
Just curious. From limited data I've seen, I'm guessing revenue is around $200 Million for FT. I used to think they had to be making an absolute fortune, but having recently seen the Job postings in the latest FTupdate thread, I wonder if they are even making a profit at all.
they invest our money in financial firms like lehman brothers. you should panic.
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 10:08 PM
Yeah, I had estimated around $500 million per annual for PStars. You can figure it out by the revenues Online poker have received over the years. I dont have the stats on me cause I did it awhile ago when somebody else asked but its like xx Billion Dollars among xxx poker sites. I had calculated somehow the number of tournaments running, the amount of players, the average stake played, and the average amount of time for each tourney running 24 hours, it came to be $580,000,000 profit per year. And that figure lines up with the "$40 Billion dollars in revenues in 2006" among "150" poker sites. So yeah, 1/2 Billion Dollars per year easy. Sick huh. So who wants to go in on a poker room with me
Does anyone know what kind of profits FT/PS are making? Quote
10-17-2008 , 10:10 PM
Quote:
Originally Posted by Ertai2
Yeah, I had estimated around $500 million per annual for PStars. You can figure it out by the revenues Online poker have received over the years. I dont have the stats on me cause I did it awhile ago when somebody else asked but its like xx Billion Dollars among xxx poker sites. I had calculated somehow the number of tournaments running, the amount of players, the average stake played, and the average amount of time for each tourney running 24 hours, it came to be $580,000,000 profit per year. And that figure lines up with the "$40 Billion dollars in revenues in 2006" among "150" poker sites. So yeah, 1/2 Billion Dollars per year easy. Sick huh. So who wants to go in on a poker room with me
If they didn't rig the games, then it would only be $579,000,000.
Does anyone know what kind of profits FT/PS are making? Quote
10-18-2008 , 06:36 AM
Almost a million a day in net profits..


http://www.pokerkingblog.com/2008/01...-make-per-day/
Does anyone know what kind of profits FT/PS are making? Quote
10-18-2008 , 06:59 AM
If you had a nickel for every nickel they have, you'd have a lot of nickels.
-Albert Einstein/Walter Matthau
Does anyone know what kind of profits FT/PS are making? Quote
10-18-2008 , 07:50 AM
Quote:
Originally Posted by Ertai2
Yeah, I had estimated around $500 million per annual for PStars. You can figure it out by the revenues Online poker have received over the years. I dont have the stats on me cause I did it awhile ago when somebody else asked but its like xx Billion Dollars among xxx poker sites. I had calculated somehow the number of tournaments running, the amount of players, the average stake played, and the average amount of time for each tourney running 24 hours, it came to be $580,000,000 profit per year. And that figure lines up with the "$40 Billion dollars in revenues in 2006" among "150" poker sites. So yeah, 1/2 Billion Dollars per year easy. Sick huh. So who wants to go in on a poker room with me
[ ]well thought out extrapolating
[ ]want to go in on poker site with you
Does anyone know what kind of profits FT/PS are making? Quote

      
m