Quote:
Originally Posted by TheDarkElf
I think most your claims are questionable at best.
How are any of these ventures "startup companies"?
Do you really think Betfair is on its way to success?
Please provide an example of a "launch weakness/pitfall that was anticipated".
And what makes you think poker is not the major money maker? We are not talking about brick and mortar casinos.
Am not claiming a thing. We are 3 weeks into launch. Do you think Apple started out as Apple?
Startup Company - A company or division that has not been in existence. Start from point zero. None of the online companies existed as a free standing entity before the NJ law was enacted. They were not LEGAL.
The majority started with available tools. Ultimate is the only site that has created their own platform beginning in Nevada. Planning has been on going in the case of Caesar's Interactive for years. But, as a legal entity the online businesses didn't officially begin operation until they went live to create revenues on November 21, 2013.
Betfair is an established marketing/gaming company with ties in NJ. They are the owners of TVG, the horse racing betting and TV service. They have publically stated in England that they are investing at least 10 million pounds in the operation. They have not rolled out a marketing program to this point. They are also waiting for Golden Nugget to get its act together on the poker side. They will not let an investment of this magnitude fail. Have you heard of their software crashing? Have they alienated any potential customers?
Launch weakness and pitfalls anticipated? If you ever did a beta rollout of any business entity you would know that software failure is number one on the list. In the case of software integration problems, this is point two. The sites, and the DGE knew that the geo-location was going to be a nightmare upfront. It had never been done before using these specific criteria. Do you think that these three weeks and probably through the end of the year were not anticipated? The DGE knew that a nine month rollout was pushing it. But, correcting major problems while you can still generate revenues is a risk they are all willing to take.
Do you think that even the best sites in the world do not crash, freeze, lockout players, have deposit and withdrawal problems, etc., etc.?
Poker is the impetus and the poster child for online gaming. 2Plus2 is poker oriented. The knowledge of the online casino businesses success and operation is not vital to this forum's interest.
The casino end is in no way an interest to those who do not play the other games. However, as a business model the blackjack, slot, roulette and other casino games' players is of interest to the online casinos, and especially the state coffers. It will be interesting in January when the DGE reports the results on their website on January 14, 2014. If you have followed the contribution of poker revenues in the B&M world, don't you wonder how much the other casino games will contribute to the online model? Do we as poker players care? Probably not. But it does fund the marketing programs.
And, the holy grail is still sitting on the back burner -- Sports Betting. Can you imagine if AC gets into this? (BTW who do you think the leader would be in this field? Could it be Betfair, the company already doing horse race betting?)
Hope this answers a few of your questions. HGWT.