Quote:
Originally Posted by sixfour
lol at this
lol at people thinking this wasn't going to happen
Honestly, its not surprising that Amaya wants to maximize profits. The surprising things to me are that
1. Amaya bought Pokerstars with X business model with X revenue. Now Pokerstars has Y business model with Y?? revenue. They don't own the same business they bought.
2. Shutting down or substantially reducing Zoom. The effect of the rake raise is to shutdown the 500 and 200 Zoom pool for more hours everyday.
3. Zoom forces regulars to pay more rake per fish dollar won, and in NL makes it more likely that regulars will play as losers. Zoom seemed to be the future of poker, because of these effects. This becomes less frequent as the pools grow smaller/stop running.
4.
By forcing action into the regular games, pokerstars loses rake with these changes at mid/high stakes. These actions likely to have the perverse effect at mid/high stakes of actually lowering the recreational deposit to rake ratio. We can see this already with the number of low-volume high winrate regulars in mid/high stakes, who play exclusively regular tables.
Cliffs: Short Amaya stock
Gogol's Nose